Friday 20 backend.Sep

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Egyptian pound holds steady against US dollar Wednesday
2024/07/31

Egyptian pound holds steady against US dollar Wednesday

The Egyptian pound held steady against the US dollar at the start of trading on Wednesday, July 31, 2024, following the previous day’s increase.

Gold prices drop slightly on Wednesday
2024/07/31

Gold prices drop slightly on Wednesday

Gold prices in Egypt declined slightly on Wednesday, July 31, 2024, with a EGP 5 per gram drop across all karats. This minor decrease comes...

Cairo crowned tourism capital of Islamic World for 2026
2024/07/31

Cairo crowned tourism capital of Islamic World for 2026

Cairo has been designated as the Tourism Capital for the member states of the Organization of Islamic Cooperation (OIC) in 2026. This announcement was made...

Finance Minister meets international investors in London
2024/07/31

Finance Minister meets international investors in London

Ahmed Kouchouk, Minister of Finance, affirmed that bolstering the role and contributions of both domestic and foreign private sectors in Egypt's economy is a top...

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.