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What we’re tracking on 30 September 2019
We’re one trading session into the week, and so far so good. The EGX gained another 3.3% yesterday, continuing last…
What we’re tracking on 26 September 2019
You may now take a breath: The sell-off on the EGX30 finally cooled off yesterday as the index closed up…
Egypt accepts previously rejected French wheat, purchases 240k tonnes in int’l tender
What is it, 2016 again? A 63k tonne shipment of French wheat that authorities rejected last week for ergot contamination…
El Marakby for Steel to establish new EGP 500 mn factory in Egypt
El Marakby for Steel will establish a new EGP 500 mn factory as part of its expansion plans, CEO Hassan…
GASC purchases 350,000 tonnes of wheat
The General Authority for Supply Commodities purchased 350,000 tonnes of wheat last Thursday in an international tender, according to Reuters.…
Alexandria to receive first Wi-Fi tram next month
Ukrainian tram manufacturer Tatra-Yug will supply Alexandria with its first Wi-Fi-equipped tram next month, the head of Alexandria’s Public Transport…
Rising tension in Ukraine could threaten flow of wheat, tourists to Egypt
Rising tension in Ukraine could threaten one of Egypt’s key sources of wheat and tourists: Ukraine, one of Egypt’s top…
TUI to launch two new Marsa Alam, Hurghada hotels, Ukrainians love Egypt
INVESTMENT WATCH- UK-based travel tourism company TUI will launch two new concept hotels, one each in Marsa Alam and Hurghada,…
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