Main

The public offering of Ghazl El Mahalla FC on the Egyptian Bourse will begin on Sunday, 12 June and last until Friday, 1 July, according to a press release. The club has set its share price at EGP…
Read More...

The World Bank has again revised upwards its projection for Egypt’s GDP growth by 0.6 percentage points to 6.1% for FY 2021-2022.
Read More...

State-owned Shalateen Mining Company plans to launch an international gold and minerals exploration auction for at least five areas in the Eastern Desert in the coming weeks, Bloomberg Asharq reported…
Read More...

The House of Representatives yesterday gave its final approval to a presidential decree amending customs duties on hundreds of imports.
Read More...

Sumitomo Egypt, part of Japanese company Sumitomo, signed a memorandum of understanding (MoU) with the Egyptian General Authority for Investment and Free Zones (GAFI)  to establish the world’s largest…
Read More...

Egypt will offer $40 billion in assets to the private sector over four years, representing $10 billion per year, the Egyptian Prime Minister, Mostafa Madbouly, said.
Read More...

Egypt aims to reach 42 percent of the contribution of renewable energy in the nation’s energy mix by 2035, the Minister of Electricity and Renewable Energy Mohamed Shaker announced
Read More...

The Egyptian Gulf Bank (EG Bank) has logged consolidated net profits after tax worth EGP 193.75 million in the first quarter (Q1) of 2022, an annual growth of 23% from EGP 157.78 million.
Read More...

 Egypt’s vision to diversify financial resources and tools had proven to be correct, Finance Minister Mohamed Maait said.
Read More...

The Food industries sector represents 14 percent of the total export sector and 24.5 percent of the total GDP, Ashraf El Gazairly, head of the Chamber of Food Industries in the Federation of Egyptian…
Read More...