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Egypt inaugurates EGP 40m eco-friendly packaging factory
Egypt inaugurated a new eco-friendly packaging factory utilising banana fibre waste at the Military Factory 200, a…
Deloitte launches innovation hub in Cairo
Deloitte inaugurated its first Innovation Hub in Cairo, a $30 million investment aimed at delivering advanced…
EGP closes high USD at Sunday’s close
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
EGX ends in green area on Oct 27
Egypt’s stock market (EGX) closed in the green area on Sunday. The main index, EGX30 went up by 0.85 per cent, to…
Egypt’s FRA grants Standard Chartered custodian bank licence
Egypt’s Financial Regulatory Authority (FRA) announced on Sunday that it had granted Standard Chartered Bank a…
Egypt’s net FX reserves surge by $13.5b in 2 years – CBE
Egypt's net international foreign exchange reserves have experienced a significant boost, increasing by $13.5…
Egypt’s MSMEDA signs EGP 5m deal to fund microfinance projects in Aswan
Egypt's Micro, Small and Medium Enterprise Development Agency (MSMEDA) signed on Sunday a new contract worth five…
China’s private fund market surges to $2.76t
The value of China's privately offered funds reached 19.64 trillion yuan (approximately $2.76 trillion) by the end…
S. Arabia’s RPI up by 2.6% in Q3 ’24
Saudi Arabia's Real Estate Price Index (RPI) rose by 2.6 per cent in Q3 2024 compared to the same quarter last…
Ruhrpumpen Egypt targets €1m in sales by year-end ’24
Egyptian-German Pump Company Ruhrpumpen Egypt expects to achieve sales of €11 million by the end of 2024, up from…