S&P Global Ratings has affirmed Egypt’s sovereign credit rating at ‘B/B’ with a stable outlook, citing a balance between the country’s medium-term growth prospects and reform efforts against rising ri...
Egypt’s Prime Minister Mostafa Madbouly chaired a meeting to review the Ministry of Petroleum and Mineral Resources’ plan to list a number of state-owned companies on the Egyptian Exchange (EGX), with procedures now underway to temporarily list 10 petroleum sector firms.
The exchange rate between the USD and EGP fell to EGP 52.48 for purchase and EGP 52.58 for sale at Banque Misr on Tuesday, April 14th.
Zahraa Maadi Investment and Development decided to disburse a cash dividend distribution of EGP 0.25 per share over two installments for 2025
Egypt is in talks with French multinational rail transport systems manufacturer Alstom to localize railway manufacturing and establish a factory for train components, as part of efforts to position the country as a regional export hub.
