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Egypt’s stocks end higher on Tuesday, benchmark EGX 30 edges up 0.77%
Egypt’s stock exchange’s (EGX) indexes closed higher on Tuesday, with the benchmark EGX 30 index increasing 0.77…
Egypt aims to start electric car production in mid-2022: minister
Egypt is aiming to start producing an electric car in mid-2022, Public Enterprise Minister Hisham Tawfik said on…
Egypt’s unemployment rate rises to 7.4% in Q1 – CAPMAS
Egypt’s unemployment rate rose to 7.4 percent during the first quarter of the year ended in March from 7.2 percent…
Rid-hailing Careem, Uber raise fares after fuel hikes
Ride-sharing firms Uber and Careem announced on Tuesday an increase trip rates as of May 11, in response to the…
Abu Dhabi’s Aldar looking for more deals in Egypt’s real estate sector – CEO
Aldar Properties, Abu Dhabi's biggest property firm, is halfway through its due diligence process on an offer to…
India signs an agreement to buy 300,000 doses of Remdesivir from Eva Pharma
India has signed an agreement with Egypt’s Eva Pharma company for drugs and medical supplies to buy 300,000 doses…
Egypt’s annual inflation registered 4.4 percent in April
Egypt’s annual inflation registered 4.4 percent in April, compared to 5.9 percent in the same month a year earlier…
US Bechtel wants in on more of Egypt’s megaprojects
US infrastructure giant Bechtel is looking to expand its business in Egypt, with an eye to get in on more of the…
IMF may complete 2nd review of $5.2bln standby loan by June end, Maait
The IMF will be completing its second and final review of its year-long USD 5.2 bn standby loan program by the end…
Egypt’s gas sector grows 25% in 2020, Minister
The natural gas sector has seen a growth of 25 percent during 2020 after turning from negative growth of 11 percent…