Economy

Holding company: 32 companies in limbo over cotton import ban

Holding company: 32 companies in limbo over cotton import ban

Government textile companies are expected to be negatively affected by a recent decision from the Agriculture Ministry to ban the…
Egypt’s Emaar Misr first-half net sales grow by 20 %

Egypt’s Emaar Misr first-half net sales grow by 20 %

Egyptian developer Emaar Misr reported a 20 percent rise in first-half net sales to LE3.91 billion ($499.36 million) on Monday…
Financial Supervisory Authority welcomes amendments to private insurance fund regulations

Financial Supervisory Authority welcomes amendments to private insurance fund regulations

The Egyptian Financial Supervisory Authority has welcomed the amendment of the executive regulations for the law of private insurance funds,…
Egyptian pound steady at auction, stronger on parallel market

Egyptian pound steady at auction, stronger on parallel market

Egypt's central bank held the Egyptian pound steady at 7.73 per dollar for the third straight foreign exchange auction on…
Saudi’s Mobily names former Mobinil executive as new chief financial officer

Saudi’s Mobily names former Mobinil executive as new chief financial officer

Etihad Etisalat (Mobily), Saudi Arabia's number two telecommunications operator, has appointed Kais Ben Hamida as chief financial officer, its parent…
Egypt’s market gains LE1.4 billion on Sunday, EGX30 rises 1%

Egypt’s market gains LE1.4 billion on Sunday, EGX30 rises 1%

Egypt's market closed in the green zone  on Sunday's session , as the benchmark EGX30 index rose by 0.97 percent,…
Egypt, Sudan in talks to cultivate 100,000 acres in Blue Nile

Egypt, Sudan in talks to cultivate 100,000 acres in Blue Nile

Egypt and Sudan are discussing the cultivation of 100,000 acres owned by a joint company at the Blue Nile state…
Ministry: Egypt accounts for 16.6% of world date production

Ministry: Egypt accounts for 16.6% of world date production

Egypt produces 16.6 percent of the world’s date production and 24.2 percent of the Arabian output, according to a recent…
Egypt’s market loses LE10 bn in week, EGX30 index drops 8.4%

Egypt’s market loses LE10 bn in week, EGX30 index drops 8.4%

Egypt's stock market has witnessed losses of LE10 billion this week, as all indexes fell, Egyptian Exchange data showed. The main…
Egypt’s market gains LE1.13 billion on Thursday, EGX30 rises 0.9%

Egypt’s market gains LE1.13 billion on Thursday, EGX30 rises 0.9%

Egypt's market on Thursday recovered slightly from a steep downtrend, as the benchmark EGX30 index rose by 0.88 percent, recording…
Back to top button