}

Egypt's parliament authorizes El-Sisi to support Saudi Arabia against external attacks

Egypt’s House of Representatives voted by a two-thirds majority to authorize President Abdel Fattah El-Sisi to take the necessary measures to support Saudi Arabia against any foreign attacks.

PRE Group records EGP 139.9M block trading transaction

Real estate developer Pioneers Properties For Urban Development (PRE Group) registered a block-trading transaction worth EGP 139.975 million, the Egyptian Exchange (EGX) stated in a bourse disclosure on October 27.

Egypt eyes 122M airport passengers annually by 2030

Egypt seeks to increase its current annual airport capacity from 73 million to over 122 million passengers by 2030 as part of a strategy to enhance air transport capabilities, expand infrastructure, and modernize the fleets of national airlines.

What is the fair exchange rate for the Egyptian pound?