CBE extends exemption of 3 commodity imports 1 more year from cash requirement
The Central Bank of Egypt (CBE) has extended the exemption period for rice, lentils, and beans from the 100 percent…
EGX witnesses a severe collapse, most stocks exceed maximum decline
The Egyptian Exchange (EGX) closed Tuesday’s trading session on a negative note witnessing a sever collapse for the…
Increased Egyptian expat remittances positive for economy: Moody’s
Egypt’s recent increase in its expat remittances has had a positive effect on recipient households, on the broader…
Egypt’s retail and wholesale sector contributes EGP 850mn to GDP, supply ministry
Egypt’s retail and wholesale sector accounted for 14.5 percent or 850 million Egyptian pounds ($53.8 million) of…
Egypt confirms its commodities exchange to start operation by year-end– official
Egypt’s long-anticipated commodities exchange will start operation by the end of the current year, the country’s…
Joint Egyptian-Jordanian Higher Committees boost bilateral trade to $514M in 9M
Volume of trade exchange between Egypt, Jordon during the first 9 months of 2020 increased to $514 million on the…
Egypt’s tobacco manufacturer, Eastern Co mulls producing e-cigarettes
Eastern Co. is currently considering the possibility of producing electronic cigarettes as studies suggest that…
Marseilia Group plans jump trading from Egypt SME bourse to EGX
Egypt's property developer Marseilia Group plans to make a jump transition from trading its shares on the country’s…
Egypt’s bank deposits rise to EGP 5.126 trillion in November
Egyptian bank deposits rose in November to 5.126 trillion Egyptian pounds ($325.7 million) from 5.088 trillion…
Middle East’s Integrated Diagnostics Holdings gets regulatory approval for dual…
Integrated Diagnostics Holdings (IDH), a healthcare diagnostics service provider with operations in Egypt, Jordan,…