Saturday 22 Feb

Stock Market

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...