Egyptian Exchange closes in red on Tuesday as market cap loses EGP 12.3bn
The Egyptian Exchange (EGX) lost 12.3bn of its market capitalisation, ending Tuesday…
Brent crude price forecast for 2018 remains at $70 per barrel: Bank of America Merrill Lynch
The forecasted price of Brent crude for 2018 remains at $70 per…
MSCI Emerging Markets Index inclusion is game changer for Saudi Arabia’s capital markets: HSBC
MSCI’s decision to include Saudi Arabia in the MSCI Emerging Markets Index…
Al-Sisi ratifies basic salary increase for state employees
Bonuses will cost state EGP 24bn, says Moeit
Egypt’s fuel subsidy reform is credit positive, reducing fuel subsidy bill to 1.7% of GDP in 2019: Moody’s
Subsidy reform adjustment led to declining purchasing power, yet a brightening economic…
EGAS reportedly purchased 9 LNG shipments
Aramco to supply Egypt with 0.5-1m barrels of crude oil per month
Conflicting reports on unprecedented in Egyptian football Al Assiouty Sport takeover
Reports linking acquisition to Al-Sheikh
Government reduces fuel subsides by 16-66%, raises gasoline 92 to EGP 6.75
The Egyptian authorities decided to go ahead with hikes to subsidised government-set…
Egypt targets increasing Zohr gas production to 1.75bn scf/day by August: El-Molla
Egypt is targeting increasing the production capacity of its mega gas field…
Madbouly’s new economic portfolio ministers: Who’s who?
The cabinet of Mostafa Madbouly was sworn on before President Abdel Fattah…