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Egypt fuel subsidies spending falls 28% in the first nine months of FY2018-19
Fuel subsidies spending falls 28% in the first nine months of FY2018-19: Government spending on fuel subsidies fell to EGP…
FinMin gives update on fiscal performance as the IMF arrives in Cairo
FinMin gives update on fiscal performance as the IMF arrives in Cairo: The budget deficit shrank to 5.3% of GDP…
UK-based Statsbomb acquires Egyptian sports data company ArqamFC
EXCLUSIVE- UK-based Statsbomb acquires Egyptian sports data company ArqamFC: Sports data collection and analytics company ArqamFC announced yesterday it has…
FinMin calls off EGX stamp tax increase
FinMin calls off EGX stamp tax increase: The Finance Ministry will not increase the stamp tax on EGX transactions this…
Suez Cement Company appoints new chairman
MOVES- Hayrullah Hakan Gürdal has been appointed as Chairman of Suez Cement Company,succeeding Omar Mohanna, the company said in an…
Earnings Watch: Global Telecom 1Q profits rise 61.2% y-o-y
EARNINGS WATCH- EGX-listed Global Telecom Holding (GTH) reported a net profit of USD 51 mn in 1Q2019, up 61.2% y-o-y…
Egypt sells USD 1 bn of one-year USD-denominated treasury bills
The government sold USD 1 bn worth of USD-denominated treasury bills at an auction on Monday, according to the central…
Intro Energy inaugurates 5 MW solar power plant in Sharm El Sheikh
Intro Energy inaugurates 5 MW solar power plant in Sharm El Sheikh: Intro Group subsidiary Intro Energy, along with co-developer…
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