Business

13:45

cairo, gmt + 2

26 February

Monday, 2024

Farid announced, during his speech at the annual summit of Capital Markets, Monday, the issuance of new rules for the listing and removal of carbon emissions reduction certificates in the coming days.

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Magazine Egypttoday December 2023

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Into Egypt’s objectives for Northwest Coastal Development plan

Sun, 25 Feb 2024 - 07:13 GMT

According to a government report, the Northwest Coastal region, with its various resources, is Egypt’s hope for absorbing the population increase over the next 40 years, estimated at about 34 million people.

Talaat Moustafa leads gainers on EGX following Ras El Hikma project collaboration

Sun, 25 Feb 2024 - 05:42 GMT

The company stated in a filing to the EGX that the collaboration in implementing the Ras El Hikma project aligns with the group's strategy of creating continuous added value that benefits its shareholders by maximizing returns and creating additional value.

EGX ends Sunday in red, market cap. loses LE119.09B

Sun, 25 Feb 2024 - 04:32 GMT

The benchmark EGX30 decreased 5.01 percent, or 1,468.87 points, to end at 27,840.86 points.

Egypt's PM initiates gradual release plan for $1.3B goods in customs with focus on essential commodities, medicines

Sun, 25 Feb 2024 - 03:24 GMT

This directive was given during a meeting on Sunday, chaired by the Prime Minister, to monitor the provision of necessary financing in foreign currency for strategic goods and medicines.

EDGE and CLIFF - The Ark’s Latest and Most Robust Projects in New Cairo

Sun, 25 Feb 2024 - 02:44 GMT

The Ark has unveiled its most significant and first launch to date in New Cairo, with an exceptional location centrally located within the vibrant Fifth Settlement area. This highly anticipated announcement encompasses two flagship projects: CLIFF and EDGE , both on The Ark land.

Suez Canal’s shipping volume decline by 55%: IMF

Sun, 25 Feb 2024 - 02:30 GMT

In contrast, the Cape of Good Hope witnessed a surge of nearly 75 percent in shipping volume, as stated by Kozack

Egyptian, Japanese firms to co-produce atmospheric water generator

Sun, 25 Feb 2024 - 01:53 GMT

The two sides had been developing a prototype over a year.

Italy to provide €2 million to EBRD to support Egypt’s startups projects: MOIC

Sun, 25 Feb 2024 - 01:40 GMT

This collaboration was formalized through the signing of a cooperation protocol between the two entities, in the presence of the Ministry of International Cooperation (MOIC)

IMF, Egyptian officials making progress on comprehensive policy package: IMF Comms Director

Sun, 25 Feb 2024 - 12:46 GMT

Kozack emphasized that the IMF team and the Egyptian authorities have reached a consensus on the key components of the program, with the authorities demonstrating a strong commitment to its implementation

CBE reports 70.7% financial inclusion rate by end of 2023

Sun, 25 Feb 2024 - 11:35 GMT

According to the CBE, approximately 46.9 million Egyptian citizens now possess transactional accounts, including bank accounts, Egypt Post accounts, mobile wallets, and prepaid cards

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