Sunday 23 Feb

exchange

Talaat Moustafa, Ezz Steel drive stock market gains
2025/01/15

Talaat Moustafa, Ezz Steel drive stock market gains

The Egyptian Stock Exchange opened strong on Wednesday, led by gains in Talaat Moustafa Group Holding, Ezz Steel, Commercial International Bank (CIB), and Hermes Holding...

Dollar stable against Egyptian pound Thursday
2025/01/02

Dollar stable against Egyptian pound Thursday

The Egyptian pound has seen a period of relative stability against the US dollar on Thursday, January 2, 2025, following a decline of over 3%...

Sisi: Boosting foreign reserves for industry, production
2024/12/31

Sisi: Boosting foreign reserves for industry, production

President Abdel Fattah El-Sisi met Tuesday, with Prime Minister Dr. Moustafa Madbouly, Governor of the Central Bank Hassan Abdullah, and Minister of Finance Ahmed Kouchouk.

Food Security & Mountain Apex partner for poultry protein
2024/12/30

Food Security & Mountain Apex partner for poultry protein

Eastern National Food Security Company is exploring a potential collaboration with Mountain Apex to produce high-quality protein powder from poultry by-products. This partnership aims to...

EFSA approves Beltone Holding Capital increase
2024/12/30

EFSA approves Beltone Holding Capital increase

The Egyptian Financial Supervisory Authority (EFSA) has approved the disclosure report of Beltone Financial Holding regarding the procedures for convening an extraordinary general assembly to...

Egypt to receive $1.2 billion in new IMF funding
2024/12/25

Egypt to receive $1.2 billion in new IMF funding

Sources reported on Wednesday that Egypt is set to receive a $1.2 billion disbursement from the International Monetary Fund (IMF) as part of its ongoing...

Honda and Nissan to merge in historic deal
2024/12/24

Honda and Nissan to merge in historic deal

Japanese automotive giants Honda and Nissan announced on Monday their intention to merge under a new holding company. The merger, which is subject to detailed...

Sawiris family bids to acquire Orascom Development Holding
2024/12/18

Sawiris family bids to acquire Orascom Development Holding

The Sawiris family, through their wholly-owned company LPSO Holding Ltd, has submitted a tender offer to acquire all outstanding shares of Orascom Development Holding. The...