Arab Finance Interview with Gilbert Hobeika, CEO of Modern Bakeries Egypt - Rich Bake
Gold prices went up on Sunday, October 11, with the international ounce recording $4,195.2 for buying and $4.194.1 for selling.
The USD climbed on Sunday at local banks, hitting EGP 52.53 for buying and EGP 52.63 for selling at the National Bank of Egypt (NBE) and Banque Misr.
Emaar Misr for Development’s board has unanimously approved appointing BDO Keys Financial Consulting S.A.E. to set the fair value of the company’s and Sky Tower for Real Estate Development's shares and determine the swap ratio between the two companies for Emaar Misr's planned acquisition of the remaining 75% of Sky Tower.
Egypt’s industrial policy, logistics development, and strategic location are expected to support steady growth in trade volumes and strengthen its role as a regional hub for trade, manufacturing, and logistics, according to a Fitch assessment summarized by the Cabinet Media Center.