Foreign cash flow must be transferred to banking sector via EGX due to US dollar crisis
Recent amendments aim to keep up with the economic conditions and not…
EGX expected to stay at 7,400 during Sunday trading
Technical analysts predicted that the Egyptian Exchange (EGX) will continue its sideways…
335 ships transit the Suez Canal last week carrying 19.63m tonnes
Suez Canal traffic data revealed that 335 ships transited the canal from…
New exchange rates drive up Egypt Duty Free revenues by 13.7% despite tourism slump
Egypt Duty Free’s activity is influenced greatly by the movement of foreign…
InterCairo Aluminum to float 30% of shares in EGX during December
InterCairo Aluminum Industry awaits approval from the Egyptian Exchange to begin the…
Foreign investors conclude project agreements on EGP 12-13 dollar rate
Foreign companies seeking to invest in Egypt traded based on prices that…
EGX expected to range from 7,550 to 7,600 points during Sunday trading
Technical analysts predicted that the Egyptian Exchange (EGX) will continue its sideways…
311 ships transit Suez Canal carrying 18.9m tonnes in past week
The average load per ship was about 60,770 tonnes during that period
EGX expected to move between 7,050 and 7,300 points this week
EGX closed at 7,182.8 points on Monday, with a 2.88% increase.
TAQA Arabia considers establishing new 50MW-capacity solar power plant
The company is also seeking to implement a similar power plant in…