Cabinet approves new investment law, sends it to State Council for legal drafting
The cabinet approved the final draft of the new investment law during its weekly meeting on Thursday, according to Minister of Investment Dalia Khorshid.
It...
Egypt declares war on the black market
IMF loan is mandatory and the pound price is to decrease
Dollar is expected to reach EGP 11
Egypt’s government has declared war on the black...
Pound losing ground to the Dollar
The Central Bank of Egypt (CBE) allowed the pound to depreciate against the dollar during its regular auctions on Thursday and Sunday pushing it...
Dreams of Damietta residents
Governor of Damietta, Dr Ismail Abdel-Hamid Taha, said that President Abdel-Fattah El-Sisi has realised the dreams of Damietta residents regarding the furniture city that...
EGX 30 targets 7250 points – No impact on trading by Interest rate hike
MEO - Ehab Sa’eed, Head of the Research department in Osol Company for brokerage, said that EGX 30, the main Egyptian stock market index,...
EGX30 faces resistance level at 6100 points
Egyptian stock market (EGX) investors are currently preoccupied with the dollar crisis and how it will turn up, Saeed Eweidy, financial markets analyst, said...
The New Suez Canal is a national development project, not just a shipping route
Hany Alassal:
“The opening of the New Suez Canal is a message to the entire world that Egypt, despite all challenges has been going through...
‘Get-together’ projects in South Sinai
Prime Minister Ibrahim Mahlab held a meeting last Saturday to follow up a number of development projects in South Sinai governorate.
The get-together was attended...
Experts: Government offerings are Egyptian exchange main drivers
Successful companies, suitable timing are conditions for success
United Bank, 1st government bank to be listed in money market
MEO - The government has begun studying...
Barclays Bank
The Moroccan lender Attijariwafa Bank is considering acquiring Barclays Egypt. The bank is said to already have appointed UBS as financial advisor and is preparing...
Egypt increases natural gas production by 330Mmcf/d with 4 new wells
The Egyptian Natural Gas Holding Co (EGAS) has boosted its natural gas production by 330 million cubic feet per day via the linking of...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta
Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...
Petroleum Marine Services Company (PMS) Profits increase 28% in 2023
Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...
Misr Maintenance Company achieves EGP 8.8 bn revenues
The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...