CI Capital raises its assessment of TMG’s shares on Capital Gardens project
Egyptian investment bank CI Capital raises its assessment for the target price (TP) of Talaat Moustafa Group…
UAE, UK are Egypt’s top foreign investors in FY2019/2020
The UAE and the UK were Egypt’s two biggest foreign investors during the 2019/2020 financial year, recent…
Egypt has no intention to issue more Eurobonds before June 30
Egypt has no intention to issue more Eurobonds bonds during fiscal year 2020/2021, the Minister of Finance, Mohamed…
Egypt’s headline inflation slows down to 4.8% in January
Egypt's headline inflation rate fell by 0.4 percent month-on-month (MoM) to 110.2 points in January, according to…
Rameda withdraws offer to acquire GlaxoSmithKline Egypt stake
Egypt’s Rameda Pharmaceutical said in a bourse filling on Tuesday it had withdrawn its proposal to acquire…
Egypt to sign deal with foreign firm to manufacture tablets locally soon – minister
Egypt is expected to sign an agreement within the first quarter of the year with one of the foreign firms to…
Onsi Naguib Sawiris named chairman of Orascom Financial Holding
Orascom Financial Holding on Tuesday announced that Onsi Sawiris, the son of Egyptian business mogul Naguib…
Egypt’s main stock index falls 0.65%, market cap losses EGP 4.7 billion
Egypt’s stock exchange’s (EGX) indexes ended lower on Tuesday, with the benchmark EGX 30 index plunging 0.65…
Egypt sees 4.7% decrease in trade deficit during November 2020: CAPMAS
Egypt reported a 4.7 percent decrease in trade deficit during November 2020, the Central Agency for Public…
Orange Business Services to design, build Cloud-based ICT infrastructure for Egypt’s new…
Orange Business Services, the business services arm of Orange, announced on Tuesday that it will design and build a…