Egypt’s Finance Ministry dismisses reports of exchange rate 17.5 pounds to 1 USD
Sources at the Egyptian Ministry of Finance denied that the government has fixed the exchange rate for EGP to USD…
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Ahmed Ezz to pay 1.7 bln pounds in reconciliation deal with Egyptian government
Mubarak-era steel tycoon Ahmed Ezz will pay 1.7 billion Egyptian pounds as part of a reconciliation deal with the…
BP CEO says to invest $1 billion in Egypt this year, not owed money
BP is looking to invest over $1 billion (721.66 million Egyptian pounds) in Egypt this year, making the country…
Egypt’s fuel subsidies increase 34% in H1 of FY2017/18: minister
Egypt’s fuel subsidies jumped by 34 percent to 51 billion Egyptian pounds ($2.9 billion) from during the fist half…
SECON lining up for residential project in Egypt’s new capital in Q2
Property developer Saudi Egyptian Construction Company (SECON) says it plans to start implementing a new…
Asian shares close mixed as tech names take a tumble
Asian shares came under pressure on Friday after Wall Street closed mixed and yields on U.S. government debt rose…
Agricultural sector eyes 33.3bn Egyptian pounds investments in FY2017/18
Egypt's agricultural sector targets total investments of about 33.3 billion pounds within the financial year…
Gulf may have firm tone with global trend
Gulf stock markets may have a moderately firm tone on Tuesday, following two days of general weakness, as global…
Future of real estate unveiled at Cityscape Egypt Business Breakfast
Senior real estate stakeholders, experts, and government officials converged at the Nile Ritz-Carlton last week…
Asian stocks record slight declines; investors focus on political developments
Most Asian markets traded lower on Monday as investors kept an eye on political developments in the U.S. after a…