Remittances from Egyptians working abroad reached approximately $29.7 billion in the first seven months of 2026, as per data issued by the Central Bank of Egypt (CBE).
The Egyptian Exchange (EGX) ended Monday’s trading session in the red zone, with the EGX30 index down 0.68% to 54,994.31 points.
The board of Suez Canal Bank approved convening the extraordinary general assembly meeting (EGM) on November 11 to consider the proposed amendments to Articles (5) and (6) of the lender’s Articles of Association
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.
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.
