Business

Govt agrees to buy wheat from farmers for LE420 per ardeb

Govt agrees to buy wheat from farmers for LE420 per ardeb

Cabinet has on Wednesday approved the purchase of wheat from farmers next season for LE74.73 per bushel (or LE420 per…
Egypt central bank seen keeping rates on hold as inflation eases

Egypt central bank seen keeping rates on hold as inflation eases

Egypt's central bank is expected to keep interest rates on hold on Thursday as inflationary pressure begins to ease after…
Cabinet names Lazard & HAVAS to head Egyptian economic conference

Cabinet names Lazard & HAVAS to head Egyptian economic conference

Egypt named Lazard Financial Advisory to head Egypt's upcoming economic conference, set to be held next year in Sharm al-Sheikh,…
EGX30 ends on green, up 0.18% on Wednesday

EGX30 ends on green, up 0.18% on Wednesday

The Egyptian stock exchange rebounded on Wednesday backed by the local and Arab institution buying activities. The benchmark index EGX30 rose…
Egypt to reduce time and cost of container release at customs ports

Egypt to reduce time and cost of container release at customs ports

Egypt plans to reduce the time and cost of container release in a move to improve performance levels at customs…
NTRA renews Vodafone and Mobinil operators licenses to 2031

NTRA renews Vodafone and Mobinil operators licenses to 2031

Al-Masry Al-Youm has obtained the draft of licenses for international telecommunications granted by the National Telecommuncication Regulatory Auhtority to cell…
UNIDO to support Egypt increase essential oils exports

UNIDO to support Egypt increase essential oils exports

The United Nations Industrial Development Organization (UNIDO) is aiming to support Egypt to increase essential oils exports through the “Upgrading…
Minister: Egypt to impose protective tariffs on steel rebar imports

Minister: Egypt to impose protective tariffs on steel rebar imports

Egypt will impose temporary tariffs by 7.3 percent to protect national steel rebar industry from cheap foreign imports, the Industry and…
Global markets leads stocks sell off; EGX30 down by 2.6% on Tuesday

Global markets leads stocks sell off; EGX30 down by 2.6% on Tuesday

The Egyptian stocks market further declined on Tuesday’s session as it is still affected by the negative performance of global…
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