Mixed performance for dollar price at Egypt's major banks

Mon, Feb. 24, 2020

The dollar exchange rate at the Central Bank of Egypt remained stable at LE 15.49 for buying and LE 15.59 for selling, losing about 50 piasters since the start of 2020.

Private offering of Emerald oversubscribed 134%

Mon, Feb. 24, 2020

Orders reached 89.11 million shares, exceeding the the allocated total number of the offering which is 66.5 million shares.

Indonesian delegation briefed on SCZone investment opportunities

Mon, Feb. 24, 2020

Zakaria briefed the delegation on the industrial sectors of the economic zones, according to a statement issued by the SCZone.

Egypt's exports under QIZ agreement reach $12.3B in 14 years

Mon, Feb. 24, 2020

Egypt's industrial exports are fully exempted from tariffs in US markets.

Trade Exchange bet. Egypt, Belarus hits $142M in 2019

Mon, Feb. 24, 2020

Belarus' exports to Egypt hit $116 million, marking an increase of 40 percent, while the Egyptian exports to Belarus reached $25 million.

EGX deepens its losses during Monday

Mon, Feb. 24, 2020

The Egyptian Exchange (EGX) ended Monday's session in red, losing around LE 13 billion of market capitalization, amid Egyptian and foreign selling.

International cooperation minister heads for Washington

Mon, Feb. 24, 2020

The visit comes as part of the strategic partnership between Egypt and the US.

CBE issues LE 7B in T-bonds Monday

Mon, Feb. 24, 2020

The ministry clarified in a statement that this comes as a result of accelerating the implementation of the project.