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Egypt’s Minister of Trade and Industry Nevine Gamea, on behalf of the Prime Minister, inaugurated the sixth edition of Food Africa 2021 exhibition, which will run from 12 to 14 December, with the…
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EGX-bound healthy foods brand Abu Auf is looking to grow its export volume 30% in 2022, aiming to ramp up sales of nuts, coffee and healthy foodstuffs to new foreign markets including Kuwait, Bahrain,…
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CI Capital’s bid to acquire 26.2% of Cleopatra Hospitals Group has received the greenlight from the Financial Regulatory Authority (FRA), the regulator said in a statement.
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The board of Export Development Bank of Egypt (EBE) gave the green light for raising the issued and paid-up capital by EGP 2 billion through rights issue of 200 million shares at a par value of EGP 10…
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The Chemical and Fertilizers Export Council (CFEC) plans to raise Egypt's exports of chemical industries to $6.5 billion in 2023, compared to $5.2 billion in 2020, the council's Chairperson, Khaled …
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Egypt’s annual urban inflation went down to 6.2% in November, compared to 6.3% in the same month in 2020, according to official data
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Abu Qir Fertilizers completed the sale of 10% of its shares for EGP 2.25 bn (c. USD 143 mn), according to a statement published on the bourse
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Egypt’s non-petroleum exports have increased by 26% year-on-year (YoY) to $26.9 billion during the first 10 months (10M) of 2021, compared to $21.35 billion in January-October 2020,  according to…
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Egypt’s net international reserves have increased by 0.14% month-on-month (MoM) to $40.9 billion at the end of November 2021, according to official data by the Central Bank of Egypt (CBE).
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A consortium comprising Aldar Properties and ADQ will acquire around 85.52% of the outstanding share capital of Six of October Development and Investment (SODIC) following a mandatory tender offer…
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