Business
Egypt welcomes Black & Decker’s first factory in MENA region
August 30, 2024
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
August 29, 2024
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
August 28, 2024
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
August 26, 2024
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
August 25, 2024
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
August 23, 2024
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
August 22, 2024
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
August 21, 2024
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
August 21, 2024
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
August 19, 2024
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…