}

Gold prices jump on September 20

Gold prices increased on Sunday, September 20, with the international ounce hitting $4,379.2 for buying and $4,377.6 for selling.

Gulf Egypt, Armed Forces Engineering Authority sign protocol for Heliopolis mixed-use project

Gulf Egypt Hotels & Tourism, a subsidiary of Kuwait-based real estate firm United Real Estate Company (URC), has signed a protocol agreement with the Armed Forces Engineering Authority to begin developing a mixed-use destination in Heliopolis, as per an emailed press release.

FRA extends AGL’s EGYTRANS tender offer deadline to December 21

The Financial Regulatory Authority (FRA) has granted Africa Global Logistics (AGL) an additional 60 working days to submit a mandatory tender offer (MTO) for shares in the Egyptian Transport and Commercial Services Company (EGYTRANS), as per a disclosure.

What is your expectation for Egypt’s interest rates in the next MPC meeting?