cairo, gmt + 2

20 January

Wednesday, 2021

This came during Al-Mashat’s presentation of the results of the periodic monitoring of development projects that were implemented throughout the year 98 percent of the projects are on the right track in implementation with no constraints

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Magazine Egypttoday Dec-Jan

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EGX ends Wednesday in green, market cap. gains LE 6.9B

Wed, 20 Jan 2021 - 03:35 GMT

The benchmark EGX30 hiked 0.98 percent, or 113.1 points, to end at 11,598.9 points.

Egypt's economy succeeds in dealing with COVID-19 crisis in flexible manner: Sisi

Wed, 20 Jan 2021 - 11:43 GMT

The economic reform program achieved tangible achievements in a short period, which reflected positively on development efforts, and helped the state support the national economy, implement policies to stimulate continued work.

COVID-19 crisis opportunity to promote digital transformation, develop sustainable development policies: Sisi

Wed, 20 Jan 2021 - 11:29 GMT

Sisi said Wednesday that 2020 was full of difficult challenges and negative repercussions resulting from COVID-19 crisis which has changed the world.

EGX ends Tuesday in green, market cap. gains LE 3.3B

Tue, 19 Jan 2021 - 03:15 GMT

The benchmark EGX30 inched up 0.31 percent, or 35.26 points, to end at 11,485.8 points.

EGX reviews EGX30 index methodology

Tue, 19 Jan 2021 - 02:19 GMT

The modified methodology requires the value of the adjusted market capitalization to be not less than the median of the adjusted market capitalization for the top 60 companies in terms of liquidity.

Egypt aims to achieve comprehensive digital transformation of all non-banking financial activities: FRA

Tue, 19 Jan 2021 - 02:07 GMT

These activities include money market activities, the stock exchange, real estate finance, micro, medium and micro finance, consumer finance, insurance and financial leasing and factoring, Omran clarified.

FRA: Funds set for micro-sized projects amount to LE 18.7B by end of 2020

Tue, 19 Jan 2021 - 01:44 GMT

Some 3.1 million persons have benefited from the funds, said FRA chairman Mohamed Omran in a press conference Tuesday.

Financial leasing contracts hike 19.7% during 2020

Tue, 19 Jan 2021 - 01:34 GMT

The contracts recorded LE 58.6 billion during 2020, compared to LE 55.9 billion during 2019, marking an increase of 4.8 percent.

Egypt's trade deficit dips 17% during 2020: Min.

Tue, 19 Jan 2021 - 12:55 GMT

Egypt's trade deficit with the countries of the world during 2020 amounted to about $38.291 billion, compared to $46.225 billion during 2019.

Egypt as electric vehicle hub: Nasr automobile company signs contracts with Chinese Dongfend Motor to produce electric cars

Tue, 19 Jan 2021 - 11:10 GMT

Nasr automobile company signed two on Tuesday with Chinese company Dongfeng Motor to qualify Nasr factory to produce electric cars.


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