CBE expects GDP growth to accelerate to 5.1% in FY 2025/26
The Central Bank of Egypt (CBE) expects real gross domestic product (GDP) growth to accelerate at a faster-than-previously estimated pace, with the economy forecast to expand by an average of 5.1% and...
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EGX shows positive performance on Monday
The Egyptian Exchange (EGX) ended Monday’s trading session in the green zone after the EGX30 index rose by 2.64% to 50,870.06 points.
USD/EGP exchange rates stable at Egyptian banks on Monday
The USD traded at EGP 47.68 for purchase and EGP 47.78 for sale at Banque Misr and the United Bank on Monday.
Cairo Housing witnesses EGP 58.5M block-trading deal
A block-trading transaction has been implemented on 50 million shares of Cairo Housing and Development Company at a value of EGP 58.500 million.
China's Himile plans $100M tire mold factory in Egypt
Minister of Investment and Foreign Trade Mohamed Farid met with senior executives from China’s Himile Group to discuss plans to establish a $100 million industrial project in Egypt to produce tire molds and industrial components.
