The Central Bank of Egypt (CBE) has announced that all banks operating in Egypt will be closed on Thursday, June 18th, in observance of the Islamic New Year 1448 AH.
The Egyptian Exchange (EGX) closed Thursday’s trading session lower, with the EGX30 index falling by 0.85% to 50,818.84 points.
The exchange rates between the USD and EGP stabilized at Egyptian banks on Thursday, June 11th.
Polaris Parks, a developer of industrial parks in Egypt, has launched Polaris Homes, its residential real estate development arm, with the introduction of its first projects, ?zel Villas and ?zel Residences, in Sheikh Zayed City.
Egypt has approved a six-month extension of exceptional customs facilitation measures for transit shipments passing through its ports, Minister of Finance Ahmed Kouchouk announced.
