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EGX loses LE48.87B of market cap. amid local selling
The Egyptian Exchange (EGX) continued its trading in the red zone during Wednesday’s session, losing around LE 48.97 billion of the market capitalization, amid local selling. The benchmark EGX30 decreased […]
Saudi ADES Holding signs long-term agreement to invest $66M in Egyptian oil fields
Saudi ADES Holding Company, has signed a long-term agreement to invest $66 million in the oil fields of the Suez Oil Company (SUCO) and the Offshore Shukeir Oil Company Co […]
Egypt inks agreement to establish LE 1.6B silo factory in East Port Said
Egypt’s East Port Said Development and Feerum Egypt signed an agreement to allocate land for the establishment of a grain storage silo factory in East Port Said with investments valued […]
Egypt continues humanitarian aid airdropping operations into Gaza
These operations come coincided with the takeoff of Egyptian military transport planes and their Emirati counterparts from Al-Arish Airport to carry out air drops of large quantities of food and […]
FM displays to U.S. delegation Egypt’s role in maintaining regional security
Minister of Foreign Affairs Sameh Shokry received Wednesday a delegation from the U.S. House Homeland Security Committee headed by Representative August Pfluger. Minister Shokry highlighted Egypt’s efforts in the […]
President Sisi urges int’l pressure for immediate Gaza ceasefire in meeting with US congressmen
President Abdel Fattah El-Sisi has called upon the international community to fulfill its responsibility in exerting pressure to achieve an immediate and sustainable ceasefire in Gaza. Sisi welcomed a delegation […]
