President El-Sisi approved a proposal to issue tax sukuk financed by taxpayers and redeemable against their future tax liabilities, Spokesman for the Presidency Mohamed El-Shennawy announced.
Prime Minister Mostafa Madbouly reviewed plans to enhance the performance of the Egyptian Exchange (EGX) and highlighted the stock market’s key achievements over the past period.
The exchange rate between the dollar and Egyptian pound hit EGP 49.93 for buying and EGP 50.03 for selling at the National Bank of Egypt (NBE) and Banque Misr on Monday
Misr Hotels Company reported a 4.95% year-on-year (YoY) increase in net profit after tax to EGP 1.374 billion in fiscal year (FY) 2025/2026.
Maersk and Hapag-Lloyd jointly announced a structural change to their Gemini Cooperation’s AE19 service, shifting the route from the Cape of Good Hope back to the Suez Canal and Red Sea
