3rd wave of COVID-19 in Egypt is 10 % higher than previous waves
The rate of infection with the novel coronavirus (COVID-19) during the current third wave in Egypt is 10 percent…
Miners on course to unravel Egypt’s gold treasuries, Reuters
Mining companies awarded blocks in Egypt's Eastern Desert are set to start exploring for gold under a legislative…
HC expects CBE to keep interest rates on hold
HC Securities & Investment expects the Central bank of Egypt (CBE) to keep interest rates unchanged at its…
Dana Gas decides against selling its Egyptian assets
Dana Gas has terminated its agreement to sell its Egyptian assets, as a number of conditions precedent to the…
Tredco installs an EGP3mln solar unit at its refrigerators factory
Egyptian-based Tredco for Engineering has installed a solar unit at its new refrigerators factory worth E 3…
Egypt, EBRD sign development financing agreement, 3 MoUs supporting green transition
European Bank for Reconstruction and Development (EBRD) has signed a development financing agreement and 3…
Egypt raises fuel prices by 25 piasters per litre
Egypt has increased the price of gasoline in the local market by 25 piasters per litre effective Friday at 10am…
Egypt’s stocks end week in mixed notes, benchmark EGX 30 slumps 0.40%
Egypt’s stock exchange’s (EGX) indexes ended in mixed notes on Thursday, with the benchmark EGX 30 index slumping…
IMF says Egypt second largest Arab economy in 2020, worth $361.8 bln
Egypt is the second largest economy in the Arab region in 2020 with a total amount of $361.8 billion, following…
Egypt’s Evergrow signs $400 mln with 12 banks led by Mashreq, NBE
Egyptian fertiliser company Evergrow has signed on Thursday a $400 million syndicated loan agreement with a…