Economy

Noble Group to supply Egypt with LNG cargo

Noble Group to supply Egypt with LNG cargo

Commodities trader Noble Group will supply a single liquefied natural gas (LNG) cargo to Egypt in late June after winning…
Egypt’s SODIC says accepts resignation of managing director

Egypt’s SODIC says accepts resignation of managing director

The board of directors at SODIC has accepted the resignation of its managing director, Egypt's third largest listed real estate…
Egyptian pound steady at official auction and on black market

Egyptian pound steady at official auction and on black market

Egypt's central bank kept the pound's exchange rate steady at 7.53 to the dollar at a foreign exchange auction on…
Minister highlights Russian interest in energy investments

Minister highlights Russian interest in energy investments

Major Russian companies are eager to invest in various Egyptian economic sectors, most notably the energy and natural gas sectors,…
Egypt’s market gains LE1.4 billion on Thursday, EGX30 up 0.24 %

Egypt’s market gains LE1.4 billion on Thursday, EGX30 up 0.24 %

Egypt's stock market closed in the green zone on Thursday, as the benchmark EGX30 index inched up 0.24 percent, recording…
Emaar Misr sets IPO price at LE3.8 per share

Emaar Misr sets IPO price at LE3.8 per share

 Egypt's Emaar Misr has priced its initial public offering at LE3.8 ($0.4980) per share, parent firm Emaar Properties said on…
Egyptian dairy maker Domty plans to list on Cairo bourse by early next year

Egyptian dairy maker Domty plans to list on Cairo bourse by early next year

One of Egypt's top dairy makers, Arabian Food Industries Co.(Domty), plans an initial public offering (IPO) on the Cairo bourse…
Egypt’s market gains LE1.6 billion on Wednesday, EGX30 up 0.01 %

Egypt’s market gains LE1.6 billion on Wednesday, EGX30 up 0.01 %

Egypt's stock market closed flat on Wednesday, as the benchmark EGX30 index inched up 0.01 percent, recording 8,556.55.1 points and…
Egypt’s market gains LE2.6 billion on Tuesday, EGX30 rises 0.5%

Egypt’s market gains LE2.6 billion on Tuesday, EGX30 rises 0.5%

Egypt's stock market closed in the green zone on Tuesday, after losing in the last eight consecutive sessions, as the benchmark EGX30 index…
Investors association calls on CBE to boost tourism development

Investors association calls on CBE to boost tourism development

Atef Abdel Latif, member of the Marsa Alam and South Sinai investors associations, has called on President Abdel Fattah al-Sisi…
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