Juhayna starts operations at new farm in Bahariya
The farm produces 80 tonnes of milk a day, 30,000 tonnes annually
Raya Holding acquires Lazah for EGP 80m
Deal included 5 million shares worth EGP 66.8m
Decline in number of docked ships at Damietta port in February
5.8% increase in the volume of traded goods, while sand and salt support growth of exports
Export subsidies in coming FY to be kept at $2.6bn
Allocations for health budget amount to EGP 103bn, scientific research at EGP 31bn
Egypt’s foreign debt jumps by $19.5bn in 2016
Foreign debt reached 37.6% of GDP in December 2016 compared to 13.6% in December 2015
CBE resolves issue of temporary facilities obtained in foreign currency: Negm
Companies that owe more than $5m to banks will pay a 3.62% return on the value of debt and a 13.75% return on the local liquidity which will cover their…
The 1952 family and conspiracy theory (1-3)
The talk about conspiracy is not new. For decades, all the rulers of the 1952 school of thinking talked about conspiracy. Sometimes it was an imperial plot, sometimes it was…
Egypt and China, a Bridge Not Too Far: Taha Hussein or Henry Kissinger?
A very distinguished Chinese academic, Dr. Wang Jisi, just gave a talk at the American University in Cairo on China’s understanding of the international order (Tahrir Dialogue No. 64 –…
MNHD completes development studies of new commercial zone within 6 months
The registration of certificates of deposit in London Stock Exchange will be completed within 6 weeks
EGX rose to 5% at end of Q1 2017
New IPOs and interest rate cuts are motives to continue the positive performance