Business

Egypt welcomes Black & Decker’s first factory in MENA region

Egypt welcomes Black & Decker’s first factory in MENA region

Hussam Heiba, CEO of the General Authority for Investment and Free Zones, and a delegation from the American company Black…
Min. stresses offering needed support for Saint-Gobain Egypt to boost its investments

Min. stresses offering needed support for Saint-Gobain Egypt to boost its investments

Foreign Trade and Investment Minister Hassan Khatib asserted offering all needed support for Saint-Gobain Egypt to boost its investments in…
IMF eases support package conditions for Egypt

IMF eases support package conditions for Egypt

The International Monetary Fund (IMF) announced in a review that it has eased several conditions in its eight billion dollar…
Egypt’s bourse shows mixed performance at close of Sunday’s trading

Egypt’s bourse shows mixed performance at close of Sunday’s trading

Egyptian Exchange (EGX) indices showed mixed performance at the close of Sunday’s trading, backed by sales by institutions and Egyptian…
US Federal Reserve chairman’s remarks to drive up gold prices in Egypt: Official

US Federal Reserve chairman’s remarks to drive up gold prices in Egypt: Official

The global gold market is in a volatile state following statements from the Chairman of the US Federal Reserve Jerome…
Gold prices retreat in Egypt on Friday

Gold prices retreat in Egypt on Friday

The price of gold bullion witnessed a decline on Friday coinciding with the global decline in the price of the…
Central Bank of Egypt issues statement clarifying limits on foreign and domestic currency exchange

Central Bank of Egypt issues statement clarifying limits on foreign and domestic currency exchange

The Central Bank of Egypt (CBE) has denied recent rumors suggesting that banks will be required to impose daily and…
Egypt seeks to import wheat from Turkey

Egypt seeks to import wheat from Turkey

Egypt is looking to import wheat from Turkey in addition to other sources, the Asharq Business website reported the head…
SCZone slams reports claiming it has borrowed LE19 billion

SCZone slams reports claiming it has borrowed LE19 billion

The General Authority of the Suez Canal Economic Zone (SCZone) in a statement on Tuesday slammed reports claiming it planned…
Egypt’s bourse shows mixed performance at close of Sunday’s trading

Egypt’s bourse shows mixed performance at close of Sunday’s trading

Egyptian Exchange (EGX) indices showed mixed performance at the close of Sunday’s trading, backed by strong purchases by local institutions…
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