Egypt to sign customs agreements with US, European Union, Belarus

Mon, Aug. 19, 2019

These agreements come to ensure the establishment of bilateral cooperation in the accurate assessment of goods.

CBE issues LE 2.5B in T-bonds Monday

Mon, Aug. 19, 2019

The T-bonds were offered in two installments, with the first valued at LE 1.25 billion with a three-year term.

Huawei Launches EMUI10 to Enable Smart Life in All Scenarios

Sun, Aug. 18, 2019

EMUI10 is pioneering distributed technology applications for providing an all-scenario experience.

Obour Real Estate Investment’s profits decline 77% in H1 of 2019

Sun, Aug. 18, 2019

The company’s revenues decreased 2.64 percent to reach LE 31.62 million, compared to LE 32.79 million during the same half of 2018.

Global Telecom approves VEON’s offer to acquire $2.3B assets

Sun, Aug. 18, 2019

Global Telecom Holding announced the approval of its board of directors to the offer submitted by VEON Ltd. to acquire the company’s assets for $2.3 billion.

Italian Agency highlights Egypt’s target to reduce public debt to 77.5%

Sun, Aug. 18, 2019

According to the Agency, the fiscal year 2021/2022 will witness a decline in the public debt ratio of GDP to less than before 2011.

EGX records collective rise, market cap. adds LE 5.26B

Sun, Aug. 18, 2019

The benchmark EGX 30 rose 0.73 percent, or 104.57 point, to close at 14,399.7 points.

Egypt establishes new universities worth LE 48.5B

Sun, Aug. 18, 2019

The universities include King Salman University , the Higher Academy of Sciences, the International University of El Alamein and the new Mansoura University for New Sciences.