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Egypt’s President Sisi approves law on redrawing electoral constituencies
Egypt’s President Abdel Fattah al-Sisi approved on Monday a law on redrawing electoral constituencies that was…
State-run carrier EgyptAir to resume flights to Ghana, Nigeria this week
Egypt’s state-run carrier EgyptAir announced on Monday the resumption of flights to Accra and Abuja, the capitals…
Saudi Telecom in talks to reduce its $2.39 billion offer for Vodafone Egypt
Saudi Arabia's largest telecoms operator Saudi Telecom Co (STC) is in discussions to cut its non-binding $2.39…
Egyptian developer Palm Hills signs financing deal with NBE
Egyptian property company Palm Hills said on Monday it had signed a financing deal worth 1 billion Egyptian pounds…
Egypt’s stock exchange indexes end higher, EGX 30 gains 0.57% on Monday
Egypt’s stock exchange’s (EGX) indexes closed higher on Monday, with the benchmark EGX 30 index gaining 0.57…
Egypt’s net foreign reserves slightly up at end-August: c.bank
Egypt’s net foreign reserves rose to $38.36 billion at the end of August from $38.315 billion in July, the central…
First Abu Dhabi Bank submits binding offer for BLOM Bank’s Egypt unit – sources
First Abu Dhabi Bank (FAB) has made a binding offer to buy the Egyptian unit of Lebanon’s BLOM Bank, sources…
Zohr gas field produces 40% of Egypt’s total gas output
Zohr field’s natural gas production exceeded 3 billion cubic feet per day (cfpd), making up 40 percent of Egypt’s…
Egypt’s Arabia Holding, UAE’s Azizi Developments join forces to build cement plant
Egypt’s property developer Arabia Holding said on Sunday it has established a cement plant in partnership with…
Egyptian Takaful Insurance’s assets likely to grow to 2.7 bln pounds June-end
Egyptian Takaful Insurance (Property) plans to increase its assets to around 2.7 billion Egyptian pounds ($171.3…