|
Business
-
Economy
12/17/2023 5:24:36 PM
Egyptian pharmaceutical company APEX Pharma has announced plans to pump EGP 4 billion ($130 million) in investments to establish two state-of-the-art pharmaceutical factories in Egypt and Saudi Arabia in the coming year, Chairman Magdy Elba said on Sunday.
|
|
Business
-
Economy
12/11/2023 5:17:00 PM
The Egyptian Agricultural Export Council has unveiled plans to export approximately 2.3 million tons of citrus fruits during the ongoing market season of 2023/24, which commenced on 5 December, the council's citrus committee chairman Mohamed Khalil said on Monday.
|
|
Business
-
Economy
12/11/2023 4:48:56 PM
The Suez Canal Economic Zone (SCZONE) has attracted more than $1.7 billion in industrial investments since the beginning of 2023, Ibrahim Abdel-Khalek, Deputy Chairman of SCZONE, said on Monday.
|
|
Business
-
Economy
12/4/2023 2:03:22 PM
President Abdel-Fattah El-Sisi issued a new regulation on Monday, signaling the reconstitution of the General Assembly of the Sovereign Fund of Egypt (TSFE) under the chairmanship of Prime Minister Mostafa Madbouly.
|
|
Egypt
-
Foreign Affairs
11/29/2023 5:21:00 PM
Chairman of Egypt’s State Information Service (SIS) Diaa Rashwan said Wednesday that 239 planes with aid for Gaza have been received at Egypt’s Arish Airport since 21 October, stressing that Egypt is continuing to deliver humanitarian aid through the Rafah border crossing.
|
|
Business
-
Markets & Companies
11/27/2023 5:26:10 PM
Egypt's Administrative Capital for Urban Development Company (ACUD) targets a projected profit of EGP 26 billion by the end of 2023, which surpasses the EGP 20 billion in profits achieved in 2022, Chairman Khaled Abbas said on Monday.
|
|
Business
-
Economy
11/22/2023 7:53:21 PM
Saudi Arabia is seeking to increase mutual trade with Egypt to $100 billion, said Second Vice Chairman of the Federation of Saudi Chambers, Fayez Alharbi, according to CNBC Arabia.
|
|
Business
-
Economy
11/21/2023 5:43:40 PM
The Saudi Batterjee Holding Group has unveiled its plans to acquire a pharmaceutical company listed on the Egyptian Exchange (EGX) within the next six months, Mazen Batterjee, Chairman of the group, said on Tuesday.
|
|
Business
-
Markets & Companies
11/16/2023 9:55:02 PM
Saudi Arabia’s Public Investment Fund (PIF) has increased its stake in the Egyptian state-owned company E-Finance For Digital and Financial Investments by 2 percent to 27 percent, according to the company’s Chairman and Managing Director Ibrahim Sarhan.
|
|
Business
-
Economy
11/15/2023 5:35:31 PM
Soaring prices of tobacco products in Egypt are expected to ease soon following the latest measures taken by the country to control the local market, the chairman of Egypt's largest tobacco producer Eastern Company, Hany Aman said on Wednesday.
|
|
Business
-
Economy
11/14/2023 6:33:52 PM
Egypt's exports to African nations are expected to increase by 10 percent, reaching $5.5 billion by the end of 2023, Sherif El-Gabaly, chairman of the Egyptian Chamber of Chemical Industries at the Federation Of Egyptian Industries (FEI), said on Tuesday.
|
|
Business
-
Markets & Companies
11/12/2023 4:55:50 PM
Egypt’s Administrative Capital for Urban Development Company (ACUD) is poised to announce the winner of the bid for the planning of the second phase of the new capital within the next month, Chairman Khaled Abbas stated on Sunday.
|
|
Egypt
-
Foreign Affairs
11/11/2023 6:26:18 PM
Egypt’s President Abdel-Fattah El-Sisi held meetings on Saturday with Syrian President Bashar Al-Assad, Chairman of Sudan’s Transitional Sovereignty Council Abdel-Fattah Al-Burhan and King Abdullah II of Jordan.
|
|
Business
-
Economy
11/8/2023 4:00:00 PM
Egypt’s major tobacco producer Eastern Company raised the prices of its products to absorb part of the rising costs of production inputs after the devaluation of the Egyptian pound, the company’s Chairman Hany Aman told Ahram Online on Wednesday.
|
|
Business
-
Markets & Companies
11/6/2023 6:05:09 PM
The Egyptian Exchange (EGX) plans to introduce a new index compatible with Islamic Sharia in the first half of 2024, said Ahmed El-Sheikh, the Chairman of EGX.
|
|
Business
-
Economy
11/6/2023 2:09:41 PM
The Suez Canal Economic Zone (SCZONE) signed $15.6 billion in agreements with Chinese partners for 11 manufacturing and green hydrogen projects on 4.9 million square metres, SCZONE Chairman Walid Gamal El-Din said in a statement on Sunday.
|
|
Business
-
Markets & Companies
10/30/2023 7:30:07 PM
The average daily trading value of treasury bills (T-bills) on the Egyptian Exchange (EGX) surged significantly by 37.55 percent in the first five weeks that they were available, according to EGX Chairman Ahmed El-Sheikh.
|
|
Business
-
Economy
10/23/2023 4:47:13 PM
The Egyptian Exchange (EGX) is finalizing a system for a real estate exchange to be launched within four months, according to the bourse's Chairman Ahmed El-Sheikh.
|
|
War on Gaza
-
War on Gaza
10/14/2023 8:00:00 PM
Ismail Haniyeh, Chairman of the Political Bureau of Hamas, declared Saturday that "the resistance is writing history with the 'Al-Aqsa Flood', which marks the beginning of the end of the occupation of our land and our Jerusalem."
|
|
Egypt
-
Presidential Elections 2024
10/4/2023 10:09:47 AM
Farid Zahran, chairman of the Egyptian Social Democratic Party and potential presidential candidate, stated that releasing the prisoners of conscience is one of his top priorities and a fundamental step toward achieving democracy in Egypt.
|