Arab Finance Interview with Hisham Akram, Founder and CEO of GRANITE Financial Holding
The Egyptian Exchange (EGX) concluded Sunday’s trading session with a positive performance, as the benchmark EGX30 index went up by 1.82% to 52,372.64 points.
The exchange rate between the USD and EGP was relatively stable by mid-day trading on Sunday, April 19th.
Savills Egypt sees the Egyptian real estate market as stable and largely operating as usual despite the ongoing regional tensions, with developers maintaining their project pipelines and demand levels holding steady.
Banque Misr signed a medium-term credit facility worth EGP 2.7 billion with MAC for Mobility Manufacturing, a subsidiary of Mansour Automotive, to finance the construction of a new car assembly plant.