Centamin reports better-than-expected Q1 gold output

Wed, Apr. 24, 2019

The company’s output totalled 116,183 ounces of gold for the three months ended March 31, above its forecast range of 105,000 to 115,000 ounces.

EGX ends 4-session week in semi-collective rise

Wed, Apr. 24, 2019

The benchmark EGX30 rose 0.85 percent, or 124.49 points, to close at 14,770.27 points.

Egypt to collect proceeds of LE 100B from state’s IPO program

Wed, Apr. 24, 2019

IPO program is expected to raise the market capitalization by LE 450 billion and to be implemented within 23 months from January 2019.

Egypt’s reform program aims to achieve sustainable growth through 3 axes

Wed, Apr. 24, 2019

This came during his speech in a session entitled "The Challenges of Economic Reforms in the Arab Region" in the Arab Banking Conference in Beirut.

Egypt, EAEU seek establishing free trade zone

Wed, Apr. 24, 2019

The talks were held for three days, said a statement by the Ministry of Trade and Industry.

Hyundai Rotem to supply tunnels authority in Egypt with metro trains

Wed, Apr. 24, 2019

Hyundai Rotem had previously supplied the authority with 20 trains.

Oil falls from 6-month high on signs market not as tight as feared

Wed, Apr. 24, 2019

Brent crude futures were at $74.18 per barrel at 0848 GMT, down 33 cents from their last close.

Sterling at two-month lows as dollar and Brexit weigh

Wed, Apr. 24, 2019

The dollar index, which measures the U.S. currency versus a basket of six major rivals, hit a 22-month high overnight.