The Riyadh-based firm purchased 412,873 shares in the Egyptian company for EGP 1.30 million, at an average price of EGP 3.17 per share.
08.02.2023
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News by
Zawya
Egypt’s real GDP growth is expected to moderate to 3% in 2023 with a higher inflation anticipated Fitch Solutions said in its MENA Monthly Outlook.
07.02.2023
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News by
Ahram Online
The issuance will be completed during the current month, to make new expansions for the company during the first half of this year.
07.02.2023
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News by
Daily News Egypt
International Business Associates Group for Money Transfer Services, S.A.E. (IBAG) recorded a total of US$1.65 billion worth of transfers in 2022.
07.02.2023
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News by
Zawya
Egypt's purchasing managers' index (PMI) for the non-oil private sector declined by 1.7 points in January to 45.5, down from 47.2 in December.
06.02.2023
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News by
Ahram Online
Egypt's cash reserves had increased to $34.002 billion at the end of December, compared to $33.53 billion at the end of November.
06.02.2023
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News by
Egypt Today
Egypt's prime minister and finance minister asserted the government's intention to focus on attracting more direct investments to avoid shocks.
05.02.2023
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News by
Ahram Online
At the end of last year, the state adopted the “State Ownership Policy Document” to allow more room for private sector participation in economy.
05.02.2023
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News by
Daily News Egypt
The Central Bank took advantage of the tools of the monetary policy, and the financial policy to implement and enhance market stability.
04.02.2023
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News by
Egypt Independent
In its first meeting in 2023, the Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) decided to maintain unchanged the current rates.
03.02.2023
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News by
Ahram Online
The CBE attributed the surplus to the growing revenues of tourism, Suez Canal as well as petroleum and non-petroleum exports.
03.02.2023
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News by
Egypt Today
The BRICS group comprises the major emerging economies, namely Brazil, Russia, India, China, and South Africa. It is headquartered in Shanghai, China.
03.02.2023
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Rumors of imposing customs on jewelry, personal jewelry, and personal electronic devices is unfounded: minister.
03.02.2023
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Egypt's balance of payments improved in the first quarter of the fiscal year.
03.02.2023
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News by
ahram online
The report showed that the country’s real GDP growth for FY 2023/2024 is projected to reach 5.3%.
03.02.2023
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News by
Zawya
Since March last year, the Egyptian pound lost almost 50 percent of its value against the US dollar.
03.02.2023
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News by
Ahram Online
The step reflects the Central Bank of Egypt’s desire to respond to investors’ expectations that interest rates will take an upward curve.
03.02.2023
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Remco is an Egypt-based company that operates in tourism and entertainment projects development and construction.
03.02.2023
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News by
Zawya
The Parliament approved an agreement that allows Egypt to join BRICS group's New Development Bank.
03.02.2023
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News by
Egypt Today
This came after a cabinet meeting that aimed to review a number of economic files.
02.02.2023
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News by
Egypt Today