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Egypt’s stock exchange falls 4% in midday over coronavirus fears
Egypt’s stock exchange (EGX) dropped in midday trade on Sunday as new coronavirus cases surged in the North African…
Egypt talks with US companies to pump investments into oil sector
Egypt’s Minister of Petroleum and Mineral Resources Tarek al-Molla on Saturday met with several officials of US…
EgyptAir suspends flights to Kuwait over coronavirus fears
EgyptAir said it is suspending its daily flights to Kuwait "until further notice," in the wake of a Kuwaiti…
Egypt will issue plastic currency starting with LE 10 notes
The Central Bank of Egypt said the country will start issuing plastic currency, starting with the LE 10 ($0.64)…
MNHD sells EGP1.145bln plot in Taj City to Minka Investment
Madinet Nasr Housing and Development (MNHD) has an agreement to sell a land plot in Taj City, east Cairo, to Minka…
Egypt’s Heliopolis Housing purchases 15 land plots for EGP 171mln
Heliopolis Company for Housing and Development (HHD) sold 15 land plots in Sheraton, Heliopolis for 171 million…
CBE to add 100 business development centres among NilePreneurs
Central Bank of Egypt seeks to increase of the number of business development centres to 100 centres as part of…
Sprott, La Mancha and Kinross interested in Egypt gold mining
US mining company Sprott and mining group La Mancha plan to bid on Egypt's international gold mining tender this…
CBE settles EGP 50.9bn non-performing loans
The Central Bank of Egypt (CBE) settled non-performing loans (NPLs) worth 50.9 billion Egyptian pounds with 226…
MSMEDA injects EGP 1.4 bln into industrial projects since 2014
The Micro, Small, and Medium Enterprise Development Authority (MSMEDA) has pumped 1.4 billion Egyptian pounds into…