Friday 15 Nov

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Madbouly: IMF backs Egypt government with third review approval
2024/07/30

Madbouly: IMF backs Egypt government with third review approval

Prime Minister Dr. Moustafa Madbouly confirmed that Monday's IMF Board approval of the third review under Egypt's economic reform program is a crucial milestone in...

Kouchouk: Egypt to secure third IMF tranche worth $820 million
2024/07/30

Kouchouk: Egypt to secure third IMF tranche worth $820 million

Ahmed Kouchouk, Minister of Finance, said that the approval of the International Monetary Fund's Board of Directors for the third review of Egypt's economic reform...

Talaat Moustafa stock price gains 1.03%
2024/07/30

Talaat Moustafa stock price gains 1.03%

Talaat Moustafa Group Holding (TMG Holding) shares surged in early trading on the Egyptian Exchange Tuesday, buoying the main index. The rally followed the company's...

TMG achieves unprecedented EGP 390 billion sales led by SouthMed, Banan
2024/07/30

TMG achieves unprecedented EGP 390 billion sales led by SouthMed, Banan

Talaat Moustafa Group Holding (TMG) announced record-breaking sales of EGP 390 billion, equivalent to approximately USD 8.1 billion, until July 29, 2024.

US dollar exchange rate in Egypt Monday
2024/07/29

US dollar exchange rate in Egypt Monday

The Egyptian pound maintained its stability against the US dollar today across various banks operating in the Egyptian banking market.

Gold prices dip in Egypt
2024/07/29

Gold prices dip in Egypt

Gold prices in Egypt declined today, Monday, with the popular 21-karat variety dropping approximately 10 Egyptian pounds to 3265 pounds per gram. The decrease mirrors...

Apex American Petroleum to boost investments in Egypt
2024/07/29

Apex American Petroleum to boost investments in Egypt

Engineer Karim Badawy, Minister of Petroleum and Mineral Wealth, discussed with Tom Maher, President of the American company Apex, the company's role in Egypt and...

Electricity: Egypt, Saudi Arabia prioritize power grid connection
2024/07/29

Electricity: Egypt, Saudi Arabia prioritize power grid connection

Dr. Mahmoud Esmat, Minister of Electricity and Renewable Energy, identified key priorities for the current phase, aligning them with the overall strategy and developing clear,...