IMF delegation to visit Cairo within weeks for 5th, 6th EFF reviews
A mission from the International Monetary Fund (IMF) will visit Cairo within weeks for the fifth and sixth reviews of $8 billion Egypt's Extended Fund Facility (EFF) program, Prime Minister Moustafa M...
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FRA allows insurers to invest in gold for 1st time in Egypt
The Financial Regulatory Authority (FRA), headed by Mohamed Farid, allowed insurance and savings companies to directly invest in precious metals, mainly gold, for the first time in Egypt.
USD/EGP exchange rates stable at Egyptian banks
The exchange rate between the USD and EGP hit EGP 48.19 for buying and EGP 48.29 for selling at both Banque Misr and the National Bank of Egypt (NBE) on Wednesday.
Trans Oceans reports 33.3% YoY plunge in consolidated profit in 9 months
Trans Oceans Tours Company (TRTO) reported a 33.32% year-on-year (YoY) decrease in consolidated net profits after tax for the first nine months of 2025.
Alexandria Container’s profit shed 9% YoY in 3 months
Alexandria Container and Cargo Handling Company (ALCN) posted a 9% year-on-year (YoY) decrease in net profit after tax during the three months that ended on September 30th, according to financial statements filed to the Egyptian Exchange (EGX) on November 12th.
