Egypt

Economy

Egypt sells short-term treasury bills at all-time high value of $3.2bn

Follow-ups -eshrag News: Mon, 2022-09-05 16:28 RIYADH: The Central Bank of Egypt sold three-month treasury bills at an all-time high…

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Economy

MENA Project Tracker — Qatar to develop $1bn blue ammonia facility; Work on solar project begins in Egypt

Follow-ups -eshrag News: DUBAI: Masdar, one of the global leaders in renewable energy, announced the financial close of its 500MW…

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Economy

Egypt to relaunch government IPOs program on the stock exchange

Follow-ups -eshrag News: Thu, 2022-09-01 17:59 RIYADH: The Egyptian government is preparing to relaunch its initial public offering program, coinciding…

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Economy

Egypt bourse’s market cap rises $2.7bn in August despite monetary tightening

Follow-ups -eshrag News: RIYADH: Egypt’s stock exchange saw its market cap rise by a record 51.8 billion Egyptian pounds ($2.7…

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Economy

Egypt issues first Islamic micro-financing license

Follow-ups -eshrag News: Oil Updates — Crude prices continue to decline; Gazprom’s production reaches pre-COVID level RIYADH: Oil prices continued…

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Economy

Egypt In-Focus — Economy expands by 6.6%; country plans to import renewable energy storage batteries

Follow-ups -eshrag News: ABU DHABI: Etihad Airways has committed to plant a mangrove tree on behalf of every customer who…

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Economy

Egypt In-Focus — Financing agreement with IMF likely soon; Cairo buys 240K tons of Russian wheat 

Follow-ups -eshrag News: Macro Snapshot — Canada’s National Bank beats quarterly profit expectations; Brazil’s consumer prices fall on lower transportation…

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Economy

Egypt Aluminum confirms capital raise plans amid PIF investment rumors

Follow-ups -eshrag News: RIYADH: Climate change misconceptions are leading investors to turn away from the oil sector in what is…

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Economy

UAE investments in Egypt rise by more than 169% in 6 months

Follow-ups -eshrag News: RIYADH: The Middle East registered an average total data breach cost of $7.45 million between March 2021 and…

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Economy

Egypt In-Focus — Central bank reluctant to hike interest rates; beverage industry by 30%

Follow-ups -eshrag News: Wed, 2022-08-17 16:55 CAIRO: Despite pressure from investors, Egypt’s central bank is hesitant to raise interest rates, reported…

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