Saturday 20 Jul

Stock Market

Gold prices hold steady on Saturday
2024/06/09

Gold prices hold steady on Saturday

Local gold prices remained stable at the start of trading on Saturday, maintaining their level for the second consecutive day after the recent decline in...

Mansour Automotive prepares to launch new MG model
2024/04/22

Mansour Automotive prepares to launch new MG model

Mansour Automotive CEO Ankush Arora has announced plans to produce a new MG model in Egypt. The production process is scheduled to begin in the...

China Shen Feng signs land contract for iron, steel products factory in Sokhna
2024/04/22

China Shen Feng signs land contract for iron, steel products factory in Sokhna

The Suez Canal Economic Zone Authority announced Monday that a land usufruct contract has been signed for an area of 750,000 square meters in favour...

IMF: Agreement grants Egyptian government powers to support EGP in emergencies
2024/04/19

IMF: Agreement grants Egyptian government powers to support EGP in emergencies

International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that the Egyptian government may need to intervene in the Egyptian pound (EGP) movements in certain...

Rise of dollar coincides with decline of yen. Expectations of a cut in interest rates in the USA
2024/04/17

Rise of dollar coincides with decline of yen. Expectations of a cut in interest rates in the USA

The US dollar rose on Thursday after the release of US inflation data that came in higher than expected, which led to a reduction in...

Gadwa for Industrial Development to increase capital by 85.8 mln pounds.
2024/04/17

Gadwa for Industrial Development to increase capital by 85.8 mln pounds.

The extraordinary general assembly of Gadwa for Industrial Development has approved an increase in the company's issued and paid-up capital from 2.004 billion Egyptian pounds...