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Ezz Steel in talks to set up an industrial base in Algeria
The steel giant’s pivot allows it to secure a low-cost green energy base with easy access to EU export markets
Egypt’s Finance Minister promises no new taxes in wartime budget
The FinMin looks to add 100k new taxpayers via incentive-driven reform
Ceasefire optimism triggers EGX30 rally and EGP recovery
The EGP gained around 2.5% on the greenback by the times bank tellers shut up shop for the day
Ain Sokhna Port moves to fully automated exports to fast-track shipments
The fully digital platform replaces paper-based processes, which have historically caused clearance delays and increased the risk of manipulation
Egypt secures Libyan crude to compensate for Hormuz Strait closure disruptions
Turning to Libyan barrels to cut shipping costs and reduce supply chain risk
Non-oil sector hits two year low as regional volatility stokes costs
The headline index fell for a fourth consecutive month in March,dropping 0.8 points from the month before
CBE holds rates as regional war derails easing cycle
Growth outlook for the current fiscal year was trimmed to 4.9% as uncertainty weighs on economic activity
Egypt mulls flexible gas pricing to shield the state from wartime import shocks
While an immediate reaction to the war, the shift to a flexible, market-linked pricing model signals the start of a…
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