FRA mandates carbon disclosure, offsets for large non-bank financial firms
Egypt’s Financial Regulatory Authority (FRA) has mandated that non-banking financial companies with issued capital or net equity exceeding EGP 100 million disclose their carbon emissions and offset pa...
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Gold prices drop as ounce trades below $5,000
Gold price retreated on Monday, with the international ounce recording $4,996.7 for purchases and $4,996 for sale, according to Dahab Masr’s data by 3:31 pm.
EGP steadies slightly on Monday; USD quoted below EGP 46.85
The Egyptian pound inched higher against the US dollar on Monday at several local banks.
Rove Hotels enters Egypt in partnership with El Sayyad Group
El Sayyad Group has formed a strategic partnership with Rove Hotels to introduce the UAE-born hospitality brand to Egypt, marking Rove’s first entry into the local market.
Tahya Misr 1 terminal at Damietta Port begins commercial trial operations
The Tahya Misr 1 container terminal at Damietta Port has entered commercial trial operations, marking a new phase in the development of the port and strengthening its role in international trade and global supply chains.
