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Egyptian Exchange briefing 09/07/2023
The Egyptian Exchange closed low on Sunday with the main index, EGX 30, falling by -3.20 percent to 16,555.12.
FAO: world food prices continue to fall in June
The United Nations Food and Agriculture Organisation (FAO) announced on Saturday that the international food…
World Bank to finance India’s low carbon transition with $1.5 bln
The World Bank’s Board of Executive Directors approved $1.5 billion in financing on June 29th, to accelerate…
Egypt’s foreign reserves hike to $34.806 bln in June – c.bank
Egypt’s net foreign reserves rose to $34.806 billion at the end of June from $34.551 billion at the end of May,…
Dubai International rated best airport for layovers
Dubai International (DXB) was chosen on Thursday as the world’s best airport of layovers for various services and…
ExxonMobil, Tetra Technologies partner to produce lithium
ExxonMobil teamed up with Tetra Technologies to develop 6,100 acres of lithium in the US’ Arkansas, according to a…
Prime Holding rejects deal to sell securities brokerage, custody unit
Egyptian investment bank, Prime Holding on Thursday rejected an offer to take over its unit, Prime Securities…
Egyptian Exchange briefing 06/07/2023
The Egyptian Exchange closed low on Thursday with the main index, EGX 30, dropping by -1.50 percent to 17,102.30.
Alstom to build industrial complex in Egypt
The Egyptian cabinet approved on Wednesday a proposal from France’s Alstom to build an industrial complex in…
Chevron to drill 1st exploration well in Egypt’s Red Sea in H1 2024
The American energy company Chevron is about to drill its first exploration well for oil and natural gas in the Red…