Wednesday 05 Feb

Rates

Essmat: Egypt committed to renewable energy, sustainable development
2025/01/13

Essmat: Egypt committed to renewable energy, sustainable development

In his address to the 15th General Assembly of the International Renewable Energy Agency (IRENA) in the United Arab Emirates, Dr. Mahmoud Essmat, Minister of...

Misr Insurance, Al Ain UAE sign strategic partnership
2025/01/05

Misr Insurance, Al Ain UAE sign strategic partnership

Engineer Hassan El-Khatib, Minister of Investment and Foreign Trade, witnessed the signing of a cooperation protocol between Misr Insurance Company and Al Ain Ahli Insurance...

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%...

Egypt inaugurates largest solar plant in Aswan
2024/12/11

Egypt inaugurates largest solar plant in Aswan

The Ministry of Electricity and Renewable Energy is set to inaugurate Egypt's largest solar power plant in Kom Ombo, Aswan Governorate, this coming Saturday. The...

ADNOC Gas aims to boost processing capacity
2024/12/04

ADNOC Gas aims to boost processing capacity

ADNOC Gas, a subsidiary of the Abu Dhabi National Oil Company, has announced plans to significantly enhance its gas processing capabilities. The company aims to...

Morgan Stanley expects status quo on Egypt rates
2024/11/19

Morgan Stanley expects status quo on Egypt rates

Morgan Stanley expects the Central Bank of Egypt to maintain interest rates unchanged at its Monetary Policy Committee meeting the coming Thursday.

Matta Beshay warns of soaring inflation amid fuel price hike
2024/10/21

Matta Beshay warns of soaring inflation amid fuel price hike

Matta Beshay, the head of the Internal Trade Committee at the Importers Division of the Federation of Egyptian Chambers of Commerce, stated that Prime Minister...

Sawiris warns of interest rate impact on real estate
2024/09/29

Sawiris warns of interest rate impact on real estate

Businessman Naguib Sawiris, Chairman of Orascom Telecom Holdings, has identified several new challenges facing the Egyptian real estate sector. Among the most pressing is the...