Guides & Analytics
Egypt Shares Close Higher on Tuesday, with EGP4.3bln Gains
Egyptian stocks ended higher today with gains totaled EGP 4.3 billion backed by the Egyptian Military support for the candidacy of the Defense Minister, Abdel…
Egyptian PM to Fly to Saudi Arabia on Feb4 to Review Economic Cooperation
Dr. Hazem Al-Bablawi, Egyptian Prime Minister will fly to Saudi Arabia headed by highly delegation in the next Tuesday February4 in order to discuss the economic…
Foreign Reserves Won’t be Less than US$17 bln by Jan-End: CBE’s Governor
Hisham Ramez, the Governor of the Central Bank of Egypt (CBE) said the foreign reserves reaches US$17 billion at this moment and it won’t reduce by the end of…
Egypt’s Telecom Ministry Cuts 18% Wages of its Supreme Officials for Lowest…
Eng. Atef Helmy Egyptian Telecom Minister decided to reduce the salaries of employees who are working in the supreme departments in the Ministry with proportion…
Oriental Weavers-Egypt Says :No EGP80 mln investments in 2014
Oriental Weavers denied investing EGP80 million in the renewal and replacement operations during 2014. The company said it has no plans to pump any fresh investments…
Egypt’s Second Stimulus Package Almost Ready, Details Within Days-Minister
The details of Egypt's second stimulus package since Islamist President Mohamed Morsi was ousted last July will be announced within days, Finance Minister Ahmed…
Misr Duty Free Shops Hit EGP20.3 mln net Profits in 6 Months
Misr Duty Free Shops - (MFSC) reported consolidated financial results posting a net profit of EGP20.302 million for the period from 01/07/2013 till 31/12/2013…
C. Bank Gets EGP55 bln in 26th Auction of Deposit Operation Today
The Central Bank of Egypt (CBE) has obtained on Tuesday around EGP55 billion domestic surplus liquidity from the banks which are operating in the banking sector in…