Egypt

Egypt’s market loses LE9.1 bn on Tuesday, EGX30 falls 3.4 %

Egypt’s market loses LE9.1 bn on Tuesday, EGX30 falls 3.4 %

Egypt's market incurred heavy losses during Tuesday's session, as the benchmark EGX30 index plunged 3.38 percent to 6,921.77 points, with…
Solidarity Movement to hold press conference on Civil Service law Tuesday

Solidarity Movement to hold press conference on Civil Service law Tuesday

The Solidarity Movement, which represents over 30 trade unions, will hold a press conference Tuesday to announce the final preparations…
Wednesday forecast: High temperatures, humidity in Cairo

Wednesday forecast: High temperatures, humidity in Cairo

The Egyptian Meteorology Authority is predicting humid weather in Cairo, slightly hot temperatures on the northern coast and high heat…
Sawiris offered a Maldive island following refugee shelter pledge

Sawiris offered a Maldive island following refugee shelter pledge

A businessman from the Maldives has offered his family’s island to Egyptian billionaire Naguib Sawiris, who declared last week he…
Economic ministerial group considers devaluation of Egyptian pound: Minister

Economic ministerial group considers devaluation of Egyptian pound: Minister

Investment Minister Ashraf Salman announced that the ministerial economic group is seriously considering the devaluation of the Egyptian pound in…
NCHR member calls for anti-corruption commission

NCHR member calls for anti-corruption commission

Nasser Amin, member of the National Council for Human Rights (NCHR), said in a statement on Tuesday that freedom of…
Nasr Coke Company workers go on strike

Nasr Coke Company workers go on strike

Nasr Coke Company workers went on strike and staged an open-ended sit-in at the company's headquarters in Helwan on Tuesday…
Sisi to visit Japan in November

Sisi to visit Japan in November

The International Cooperation Ministry has officially announced that President Abdel Fattah al-Sisi will visit Japan in November.The ministry also said…
Ernst & Young: Egyptian market has promising opportunities for acquisitions and mergers

Ernst & Young: Egyptian market has promising opportunities for acquisitions and mergers

Midhat  Afifi, financial advisor to Ernst & Young, has said that investment in Egypt requires unconventional ideas, as well as…
Housing minister: No chance for entrusting million-home project to Arabtec

Housing minister: No chance for entrusting million-home project to Arabtec

Housing Minister Mostafa Madbouly has stressed that there is no chance that the million-home project, adopted 18 months earlier, would…
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