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EFG Hermes tops brokerage league for August
EFG Hermes topped the EGX’s brokerage league table for August with a market share of 47.9%, according to figures released…
Egypt’s FinMin to issue EGP 160 bn T-bills and bonds this month
FinMin to issue EGP 160 bn T bills and bonds this month: The Finance Ministry is planning to issue EGP…
Egypt scraps monthly customs rate, bringing back daily system
FinMin brings back daily customs rate, scrapping monthly system: The Finance Ministry has decided to scrap the monthly customs exchange…
EMRA to end bidding system for gold exploration licenses
Egyptian Mineral Resources General Authority to end bidding system for gold exploration licenses: The Egyptian Mineral Resources General Authority (EMRA)…
Egypt’s economy to grow 4.5% this fiscal year before accelerating to 6.0% in FY2021-2022
Egypt’s economy will grow at a 4.5% clip this fiscal year before accelerating to 6.0% in FY2021-2022, the Economist Intelligence…
FinMin to appoint Yasser Taimour as tax projects advisor
MOVES- The Finance Ministry will appoint Yasser Taimour as advisor for the development of tax projects and Waleed Abdullah as…
Egypt’s Suez Canal revenues fall 1.4% y-o-y to EGP 49.1 bn in 1H2019
Suez Canal revenues fell to EGP 49.1 bn (c. USD 2.98 bn) in 1H2019, down 1.4% y-o-y from EGP 49.8…
AMOC earnings tank in FY2018-2019
EARNINGS WATCH- AMOC earnings tank in FY2018-2019: Alexandria Mineral Oils Company’s (AMOC) net profits fell 69.7% y-o-y to EGP 450…
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