Egypt's non-oil private sector remained under pressure in May 2026 as rising inflation, higher fuel and electricity costs, and currency weakness weighed on demand, according to the latest S&P Global E...
Gold prices declined on Wednesday, June 3rd, with the 24-karat hitting EGP 7,581.34 for purchase and EGP 7,495.34 for sale.
Egypt's Minister of Investment and Foreign Trade, Mohamed Farid Saleh, met with Ethiopis Tafara, Regional Vice President for Africa at the International Finance Corporation (IFC), to discuss efforts to improve the business environment, advance digital transformation, and expand financing and investment tools.
Marseilia Almasreia Alkhalegeya for Holding Investment generated a standalone net profit after tax of EGP 54.975 million in the first quarter (Q1) of 2026.
The board of Asek Company for Mining (Ascom) agreed on acquiring 90% of Ostool Transport’s shares in exchange for EGP 641 million.
