Guides & Analytics
Abdel Nour Calls Russian Firms to Invest in Egypt’s Energy Fields Next Period
Mounir Fakhri Abdel Nour Industry, Foreign Trade and Investment Minister said the Egyptian government has a strong desire to make the best use of the expertise in…
Egyptian GDRs in London Mostly Flat on Wednesday
The Egyptian global depository receipts (GDRs) traded on the London Stock Exchange (LSE) ended mostly flat on Wednesday’s trading. The GDRs of Telecom Egypt (TEEG),…
EFG-Hermes Swing to Normalized 4Q2013 Profit
EFG Hermes (HRHO.CA) reported today its financial results for the fourth quarter and full year 2013. The firm closed 4Q2013 with a normalized net profit after tax…
Egyptian Economy Expected to Strengthen Gradually in 2014-16: HSBC
In a Recent report, HSBC Global Connections, stated that the Egyptian economy is expected to strengthen gradually in 2014-16, based on improved political stability…
Egypt’s Budget Deficit Inches up to EGP123.6 billion in February
Egypt’s budget deficit rose by around 4.2 billion Egyptian pounds ($603.2 million) during February 2014, the Ministry of Finance’s monthly report showed on…
SFD, Finance Ministry, CBE Review New Regulations to Stimulate SMEs
Social Fund for Development (SFD) will meet Finance Ministry and Central Bank of Egypt (CBE) within the next month in order to review new regulations that will…
SMEs Bulwark Arab World against Unemployment – Barakat
Mohamed Barakat, chairman of Banque Misr, and Union of Arab Banks asserted that Many Arab countries are suffering from unemployment dilemma, noting its rate reached…
Egypt Shares Hail Sisi’s Presidential Candidacy, Gain EGP1.7 billion
Egyptian stocks commenced trading higher on Thursday, gaining 1.7 billion pounds as chief army Abdel Fattah al-Sisi declared his candidacy. In return, the country’s…