Hanan Mohamed

business reporter

Memphis petrochemical turns into profitability in 6 months

Sun, Jan. 19, 2020

Memphis attributed its profitability shift to increased production and sales during the period.

EGX shows mixed performance Sunday

Sun, Jan. 19, 2020

The benchmark EGX 30 rose 0.68 percent, or 94.02 points, to close at 13,918.18 points.

CBE keeps interest rates unchanged during 2020’s 1st meeting

Thu, Jan. 16, 2020

The overnight deposit rate, the overnight lending rate, and the rate of the main operation are kept at 12.25 percent, 13.25 percent, and 12.75 percent, respectively.

CBE keeps interest rates unchanged during 2020’s 1st meeting

Thu, Jan. 16, 2020

The overnight deposit rate, the overnight lending rate, and the rate of the main operation are kept at 12.25 percent, 13.25 percent, and 12.75 percent, respectively.

EGX ends week in green, market cap. gains LE 1.76B

Thu, Jan. 16, 2020

The benchmark EGX 30 rose 0.40 percent, or 54.52 points, to close at 13,824.16 points.

MSME signs €30M agreement with KfW Bankengruppe, EU

Wed, Jan. 15, 2020

MSME clarified that this agreement is to finance small and medium enterprises.

MSME signs €600M agreements during 2019: Gamea

Wed, Jan. 15, 2020

This came during a press conference held Wednesday in the headquarters of MSME, in the presence of representatives of KfW Bankengruppe and the European Union.

EGX adds LE1.4B to market cap.

Wed, Jan. 15, 2020

The benchmark EGX 30 rose 0.09 percent, or 13 points, to close at 13,769.64 points.