The International Monetary Fund (IMF) has raised its forecast for Egypt’s economic growth in fiscal year (FY) 2026/2027 to 4.7%, versus 4.4% projected in July
Gold prices stabilized on Tuesday, October 13, on the local as well as the global level.
MNT-Halan has closed subscriptions for the private tranche of its initial public offering (IPO) on the Egyptian Exchange (EGX), with the tranche 11.2 times oversubscribed at an offer price of EGP 24.50 per share, as per an emailed press release.
Orascom Real Estate has opened the 17-feddan first phase of O West Sports Club in 6th of October City, with work underway on a second phase covering another 9 feddans, as per an emailed press release.
Egypt-based electric vehicle (EV) charging brand Electra is considering manufacturing chargers locally next year and aims to establish 50 charging stations annually over the next five years.