Egypt gets World Bank recognition for fairer market reforms
The World Bank is applauding Egypt's efforts to create a more level playing field for businesses. Stephane Guimbert…
EBRD supports Egypt’s competition protection agency
The European Bank for Reconstruction and Development (EBRD) is actively assisting the Egyptian Competition…
EGX ends trade in red on June 9
Egypt’s stock market (EGX) closed in the red area on Sunday. The main index, EGX30 sunk by 2.91 per cent, to…
Foreign investors flock to Aramco shares
About 60 per cent of the shares offered in Saudi Aramco's $11.2 billion stock sale reportedly went to foreign…
EGP closes slightly down against US dollar on June 9th
The Central Bank of Egypt (CBE) reported the average closing exchange rates for the US dollar (USD) against the…
Saudi Aramco shares surge
Saudi Aramco's shares saw an increase following a secondary share offering aimed at generating a minimum of $11.2…
Nokia eyes expanding operations in Egypt
HMD Global, the parent company of Nokia Mobile, reiterates its commitment to expand manufacturing in Egypt. In a…
Egypt’s food exports sizzle in Q1 – FEC chair
Hani Barzi, Chairman of the Food Export Council (FEC), brought a windfall of good news to the Egyptian economy at…
UNCTAD lauds Egypt’s competitive neutrality strategy
Teresa Moreira, Head of the Competition and Consumer Policies Branch at the UNCTAD, lauded Egypt’s commitment to…
Russia’s Gazprom gas supplies to Europe via Ukraine hit 42.4m m3
Kremlin-owned gas giant Gazprom is supplying a steady, but reduced amount of natural gas to Europe via pipelines…
