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Telecom Egypt records $217 mln profits in H1 of 2023 – report
Telecom Egypt reported on Tuesday a net profit of 6.7 billion Egyptian pounds ($217 million) in the first half of…
Egypt starts trading sugar on commodities exchange
Egypt's commodities exchange invited companies to register to trade sugar on the bourse starting from Thursday's…
Egypt’s Arab Contractors signs JV deal with Angolan Mercons
Egyptian construction giant Arab Contractors (AC) said on Wednesday it had signed a joint venture agreement with…
Egypt’s reserve money M0 grows to EGP 1.593 trillion at July-end: c.bank
Egypt’s reserve money (M0) grew to 1.593 trillion Egyptian pounds ($51.568 billion) at the end of July from 1.496…
EBRD mulls $125 million loan for Damietta Alliance Container Terminal
The European Bank for Reconstruction and Development (EBRD) is studying the provision of a senior loan of up to…
Egypt, Qatar to establish hospital in Sudan
The Egyptian Ambassador to Sudan Hani Salah, revealed on Monday a Qatari-Egyptian initiative to build a hospital in…
Kuwait detects EG.5 COVID variant
Kuwait's Ministry of Health announced on Tuesday that it had detected the new COVID-19 omicron variant, EG.5,…
Egyptian Exchange briefing 15/08/2023
The Egyptian Exchange closed high on Tuesday with the main index, EGX 30, rising by 0.38 percent to 17,965.32,…
EFG Holding offers EGP 3bln securitisation bonds before year-end
Egypt’s EFG Holding is jointly offering securitisation bonds of up to 3 billion pounds before the end of 2023…
Egypt’s FRA launches dollar-based pension plan for expatriates
Egypt’s Financial Regulatory Authority (FRA) launched on Tuesday the first pension plan in U.S. dollars for…