Egypt-focused gold miner Centamin said a new law which came into effect in the country on Wednesday …
Tag:
political instability
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Visa fees for tourists coming to Egypt will increase starting May to reach $20 instead of $15. …
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Egypt will need further international assistance to put its economy back on track despite receiving huge loans …
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Egypt’s central bank is expected to keep interest rates unchanged at a monetary policy meeting on Thursday, …
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EGX
Egypt to Implement New Rules for Companies on Stock Exchange on Feb 1
by Yomna Yasserby Yomna YasserEgypt’s financial regulator will implement new regulations for companies listed on the stock exchange on Feb. 1 …
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Egypt’s Central Bank (CBE) kept its interest rates on hold as expected on Thursday, as the government …
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Industry & Trade
GB Auto Bets on Geely Cars and Expansion Beyond Egypt
by Yomna Yasserby Yomna YasserEgypt’s biggest car assembler GB Auto (AUTO.CA) is betting on cheaper, locally assembled Chinese vehicles and expansion …
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Financial Institutions
Fitch Cuts Egypt Rating to B- on Political Worries
by Yomna Yasserby Yomna YasserEgypt’s credit rating was cut by Fitch Ratings on concern that the ouster of President Mohamed Morsi …
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Egypt market has incurred losses of EGP 8.4 billion driven by the local selling pressures on Sunday. …
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Financial Institutions
IMF Lowers Growth Forecasts For Egypt Economy To 2%
by Yomna Yasserby Yomna YasserThe International Monetary Fund (IMF) cut its 2013 growth forecast for the Egyptian economy to 2% in …