Guides & Analytics
Egypt Bourse in Talks with Nassef Sawiris on Listing Two Firms
The Egyptian Exchange (EGX) has started talks with business tycoon Nassef Sawiris over listing two companies owned by OCI N.V. on the local exchange. Sawiris is a…
Suez Canal: Marine Hull Insurance Premiums Hit EGP24mn in 3 Months
Hull Insurance for Ships – one of the key sectors in Suez Canal Insurance S.A.E. - announced on Wednesday premiums of 24 million Egyptian pounds during the second…
Egypt’s Telecom Ministry Offers 3 Bids for IT Governmental Projects
The Egyptian Telecom Ministry offered three bids in order to support the domestic demand for information and communication technology services across various…
NBE Makes Settlements with 400 in Default Clients in SMEs with EGP18 mln
The National Bank of Egypt (NBE) has finalized conducting settlements with 400 in default clients in Small and Medium sized projects SMEs worth EGP18 million…
Currency Black Market Shows Limits of Egypt’s Recovery
Egypt's central bank has taken extraordinary steps to prop up its currency and curb a black market in foreign exchange - but in back alleys and money changing shops…
Egypt Summons Qatar’s Charge D’affaires over Egyptian Cleric
Egypt's foreign ministry said on Tuesday it had summoned Qatar's charge d'affaires to demand the extradition of Youssef al-Qaradawi, one of the most influential…
US Circumvents Law to Transfer Aid to Egypt
The US Congress has passed legislation that allows the White House to transfer more than $1 billion in aid money to Egypt. Experts say that Washington is…
Foreign Currencies Vs Egypt Pound – Early Wednesday
The table below shows the exchange rates of the Arab and foreign currencies against the Egyptian pound on early Wednesday: