Anticipation prevails across money market; all await decision on interest rates
EGX30 is expected to rebound to 10,200 points
Central Bank of Egypt justifies high inflation in July 2022
July's inflation was mainly impacted by increase of core food, retail, and service prices
SODIC signs LOI with GOCO to operate ‘GOCO Retreat’ at The Estates compound
The partnership entails offering hospitality and wellness services to The Estates’ community.
CIB Launches Instant Payment Service to Support Digital Transformation Plans
The Instant Payment Network (IPN) is considered a new payment network with the ability to instantly send and receive funds between member banks all day long using an enhanced experience…
Central Bank of Egypt Governor resigns
Hassan Abdalla, Hisham Okasha, Hala El-Said, Rania Al-Mashat top the list of potential nominees to succeed Amer
FRA adopts new rules for settlement of corporate bonds registered in same trading session
New rules aim to eliminate interim financing costs for the period between trading and settlement: Farid
Egypt simplifies business procedures to stimulate investment: Finance Minister
Mohamed Maait listens to investors in open dialogue about tax, customs challenges
Parliament’s Industry Committee meets new Industry Minister
Minister of Trade and Industry Ahmed Samir met with members of the Parliament's Industry Committee and stressed the importance of achieving integration between the legislative and executive authorities. He said…
Newly appointed Trade Minister prioritises improving competitiveness of Egyptian product, deepening local manufacture
He said that the ministry will work in full swing in order to restore the status of Egyptian products, developing existing industries and attracting investments to implement new industrial projects,…
Egypt, Canada emphasise ‘NWFE’ programme as key enabler for climate action
The Canadian official was accompanied by Christopher MacLennan, Assistant Deputy Minister at Global Affairs Canada, and Louis Dumas, Ambassador of Canada to Egypt. Sherihan Bekhiet, Deputy Minister of International Cooperation…