The Finance Ministry announces to launch its building next month to investors
The Finance Ministry announces to launch its building next month to investors. The sovereign Fund of Egypt plans to issue the finance ministry building…
United Bank of Egypt due diligence set for September
United Bank of Egypt due diligence set for September. The Central Bank of Egypt (CBE) announced that the due diligence process for the United…
Egypt revises capital market regulations, introducing new sukuk program and sustainable funds
Egypt revises capital market regulations, introducing new sukuk program and sustainable funds. The Egyptian Prime Minister, Mostafa Madbouly, has made changes to the executive…
Addressing economic challenges: China’s Central Bank pursues interest rate reductions
Dragon Oil eyes 20% stake in Egypt’s Nargis offshore from Chevron
Dragon Oil eyes 20% stake in Egypt’s Nargis offshore from Chevron. UAE’s Dragon Oil aims to acquire a 20% share in Egypt’s Nargis Offshore…
Egypt started offering sugar for trading on Commodities Exchange for first time last Thursday
Egypt started offering sugar for trading on Commodities Exchange for first time last Thursday The head of the Egyptian Commodities Exchange, Ibrahim Ashmawy, has…
MSMEDA allocates EGP 9.9M in funding for civil societies in Fayoum
MSMEDA allocates EGP 9.9M in funding for civil societies in Fayoum. MSMEDA is allocating EGP 9.9 million for civil societies in Fayoum to fund…
CBE sells €626.4M in treasury bills
CBE sells €626.4M in treasury bills. The Central Bank of Egypt auctioned euro-denominated treasury bills totaling €626.4 million with a 4% average yield on…
Majority stake sale plans denied by Misr Hotels Company
Majority stake sale plans denied by Misr Hotels Company. Misr Hotels Company has denied plans to sell a majority stake and has not received…
Egyptian gas production reaches lowest level in three years during 2Q 2023
Egyptian gas production reaches lowest level in three years during 2Q 2023. Egypt’s gas production dropped by 5% in 2Q 2023 to 5.88 billion…
