Jan
14
2021
Egypt is getting another USD 1.1bn loan for imports of petroleum products and basic commodity purchases from the International Islamic Trade Finance Corporation (IFTC) after the two sides signed an ag
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Jan
14
2021
Egypt came in the second position in terms of venture capital (VC) investments in the MENA region in 2020, following the UAE which made up 56% of the total funding. Egypt’s VC funding inflows surged b
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Jan
14
2021
The aviation industry is getting a break on fuel through the end of the year after the government decided yesterday to slash prices by another USD 0.15/gallon as of 21st January 2021 to help airliners
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Jan
14
2021
Raya Contact Center (RACC.CA) announced selling 8.35mn treasury stocks out of 20.8mn treasuries starting from 13th January 2021 until the 12th of March 2021. (Company’s Bourse Filing)
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Jan
14
2021
Raya Holding (RAYA.CA)’s BOD approved a 10-to-1 stock split proposal to then have a par value of EGP 0.50/share instead of EGP 5/share, aiming to boost the stock liquidity and turnover in the stock ex
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Jan
14
2021
Heliopolis Housing (HELI.CA) has issued a public tender under the closed envelope system, to sell two residential plots with a total area of 270 acres in New Heliopolis. (Mubasher)
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Jan
14
2021
Egypt Aluminum (EGAL.CA) announced that the metal drawing process has been resumed at all facilities, after employees have held a strike and halted production asking for profit-related bonuses. (Comp
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Jan
14
2021
Telecom Egypt (ETEL.CA) and the Ministry of Social Solidarity signed an agreement to provide telecommunications services to the Ministry and the beneficiaries of social protection programs, namely the
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