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Egypt scraps minimum price for cotton exports
The Holding Company for Spinning and Weaving is scrapping a decision from October 2018 that set a minimum price for…
Investors will appreciate policy stability from Amer staying on as CBE governor, Bloomberg says
Investors will welcome Amer getting a second term as CBE governor as it signals policy stability, Bloomberg says: Tarek Amer…
Libyan restrictions on ceramics imports could halve Egyptian exports
Libyan restrictions on ceramics imports could halve Egyptian exports: A recent decision from Libya’s cabinet banning ceramics imports from land…
Egypt’s Banque Misr doubles SMEs credit line with EIB
Banque Misr has signed an agreement to double its SMEs financing credit line at the European Investment Bank (EIB) to…
The battle for Nile water is intensifying, and wealthy states are the beneficiaries
The battle for Nile water is intensifying: Egypt and Sudan may have access to the Nile and plenty of land…
Raya Trade to launch washing machine production line in 1Q2020
Raya Holding subsidiary Raya Trade is launching a washing machine production line at an unnamed local company’s factor in 1Q2020,…
Raya Holding and subsidiaries may delist from EGX in 2020
Medhat Khalil warns Raya Holding could delist from EGX in 2020: Raya Holding is considering delisting from the EGX, founder…
Company managing the Egyptian Commodity Exchange will be ready this year
The company that will manage Egypt’s first commodities exchange will be set up before the end of the year, Internal…
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