Egypt’s benchmark EGX30 index climbed 4.3% in September, ending the month at 36,700 points, according to the Egyptian ...
Esmat noted that electricity subsidies amount to nearly EGP 170 billion. The ministry, in cooperation with its partners, is ...
The overnight deposit rate was reduced to 21.00%, the overnight lending rate to 22.00%, and the rate of the main operation to ...
The canal saw 661 ships reroute from the Cape of Good Hope to its waterways in the first half of the year, contributing to a ...
It will focus on upgrading Hamra Petroleum Port into a regional hub connecting Middle Eastern crude flows with European ...
The package, part of a broader effort to streamline Egypt’s tax system, is being expedited ahead of public consultation ...
In February 2025, growth spiked to 19.9% as annual inflation dropped by 10 percentage points, before slowing to 7.03% in June ...
Canal activity dropped by 52% year-on-year, with Q4 alone seeing a 5.5% dip compared to the same period the previous year ...
The offering has already attracted over $9 billion in investor orders, reflecting robust demand for the country’s ...
The influx of capital comes as the country delivers strong supply growth and attracts foreign investors seeking second homes, ...
The Central Bank of Egypt (CBE) also announced that all banks operating in the country will suspend work on Thursday, 9 ...
The proposed consolidation comes after the company received two separate acquisition offers for its tower portfolio, which ...
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