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EGX30 is betting on upping purchasing powers to cross 16000pts

Wednesday 08/08/2018 20:34

By Asmaa El-Sayed The Egyptian Stock Exchange ended Wednesday's trades on an up note, as EGX30 rose by 0.64% to 15862pts, EGX70 by 0.64% to 754pts, th...
Ramping up foreign reserves to higher than USD30bn proved correct: CBE's governor

Wednesday 08/08/2018 19:53

Sharm El-Sheikh - Sayed Badr Governor of the Central Bank of Egypt Tarek Amer said that he adopted a policy of raising Egypt's foreign reserves to eve...
Saudi Arabia threatened to ban Egyptian pomegranate exports

Wednesday 08/08/2018 19:12

By Ahmed El-Lahuny Saudi Arabia threatened to halt pomegranate imports from Egypt should any cargoes be found in-compliant   with requiremen...
ITG to set up a production line for recycling overused household appliances

Wednesday 08/08/2018 18:46

By Somai Kamal Intentional Technology Group, specializing in  recycling electronic wastes, is considering setting up new production line for saf...
DHL appoints new country manager for Egypt

Wednesday 08/08/2018 14:44

Al Mal: DHL Global Forwarding, global air, sea and road freight services provider has decided to appoint Magued Ragheb as Egypt's country manager, ac...
Government to promote real estate sector oversees

Wednesday 08/08/2018 14:34

By Bedour Ibrahim: In collaboration with property developers, the government is to start a promotion campaign abroad for Egyptian properties to attra...
HoldiPharma sales hit EGP 908mn in the first half

Wednesday 08/08/2018 13:55

By Ahmed Sabry The state pharmaceutical companies of the HoldiPharma (8 companies) achieved direct sales of 908 million pounds in the first half of t...
Cairo says it supports Riyadh in rights row with Canada

Wednesday 08/08/2018 13:53

Reuters: Egypt said on Tuesday it supported Saudi Arabia in a political row with Canada, and stood in “solidarity” with the Gulf Arab kin...
CBE pumps $ 63.8mn in Afreximbank’s capital

Wednesday 08/08/2018 13:52

By Mohamed Salem The Central Bank of Egypt (CBE) has approved the injection of a $ 63.8 million fund as part of a plan to raise capital, to be implem...
Aramco to buy remaining 50pc of JV with Lanxess

Wednesday 08/08/2018 13:44

TradeArbia: Specialty chemicals group Lanxess plans to sell its remaining 50 percent stake in Arlanxeo to its joint venture partner Saudi Aramco, a w...