The International Finance Corporation (IFC) announced on Sunday a landmark investment to support the development of Egypt's first utility-scale battery energy storage system (BESS), in partnership with AMEA Power and the Government of Egypt. The (...)
The Egyptian Exchange (EGX) closed in green notes on Thursday.
* The main index, EGX30 went up 0.52 per cent, to 33,324.38 points.
* The Shariah index, EGX33 gained 0.24 per cent to 3,492.05 points.
* The SMEs index, EGX70 rose 0.40 per cent, to (...)
The Egyptian Exchange (EGX) ended in positive territory on Wednesday, with broad-based gains across all key indices.
The EGX administration announced earlier this week that Thursday, July 3, 2025, would be an official holiday instead of the 30th of (...)
Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir, highlighted the urgent need to address immediate challenges faced by manufacturers in Egypt's industrial zones during a recent (...)
Egypt's Prime Minister Moustafa Madbouly has inaugurated a 500-megawatt Abydos 1 Solar Power Plant in Kom Ombo with an investment of 500 million dollars, according to a Cabinet statement.
The plant covers 10,000 square metres with over a million (...)
Egypt has inaugurated the 500-megawatt Abydos 1 Solar Power Plant in Kom Ombo, with Prime Minister Mostafa Madbouly stating the project demonstrates the country's dedication to providing significant investment opportunities for national, Arab, and (...)
The Egyptian government has finalised its national low-carbon hydrogen strategy, said Randa Al-Minshawi a senior aide of Prime Minister, on Monday. The move marks a significant step towards establishing the country as a global leader in green energy (...)
Egypt's stock exchange (EGX) closed in mixed notes on Sunday, with the main index, EGX30 falling by 0.19 per cent to 29,036.32 points.
The Shariah index, EGX33 dropped by 0.26 to 2,766.36 points.
The small to mid-size enterprises' index, EGX70 (...)
Egypt's Stock Exchange (EGX) closed mixed on Tuesday, with the main index, EGX30 climbing by 1.84 per cent, to 28340.42 points.
The Shariah index, EGX33 also surged by 2.12 per cent to 2738.21 points.
The small to mid-size enterprises' index, EGX70 (...)
Egypt's stock market (EGX) closed in the green area on Thursday.
The main index, EGX30 went up by 0.19 per cent, to 28,466.24 points.
The Shariah index, EGX33, jumped by 0.14 per cent to 2,756.2 points.
The small to mid-size enterprises' index, (...)
Egypt's Ministry of Electricity and Renewable Energy announced the commissioning of a new 200MW solar power plant in Kom Ombo, Aswan.
The $168-million-project, developed by ACWA Power, aims to support the state's goal of increasing clean energy's (...)
Egypt's stock market closed in the green area on Sunday, June 23rd, 2024.
The main index, EGX30 jumped by 2.44 per cent, to 27,062.37 points.
The Shariah index, EGX33 climbed by 2.60 to 2,677.59.
The small to mid-size enterprises' index, EGX70 (...)
Egypt's stock exchange (EGX) closed in red notes on Thursday, as the main index, EGX30 fell by 0.62 per cent, to 26,922.76 points.
The small to mid-size enterprises' index, EGX70 went down by 0.56 per cent, to 5,932.24 points.
The index, EGX100 (...)
Egypt's stock market (EGX) closed all red on Sunday. The main index, EGX30 dropped by 4.93 per cent, to 24,639.63 points.
The small to mid-size enterprises' index, EGX70 fell by 4.72 per cent, to 5,714.19 points.
The index, EGX100 index declined by (...)
Bassel Rahmi, the Chief Executive Officer of the Micro, Small, and Medium Enterprises Development Authority (MSMEDA), reiterated the sustained collaboration with Aswan to fulfil the government's vision of nurturing the small enterprise sector. He (...)
The Egyptian Micro, Small, and Medium Enterprises Development Agency (MSMEDA) has successfully financed over 76,000 projects since 2014 in Aswan, with a total of 1,610.7 million Egyptian pounds.
This initiative has created over 102,000 job (...)
Egypt has solidified its position as the leading producer of solar and wind energy in the Arab world, according to a recent report by the Global Energy Monitor. The report places Egypt at the top of the index with a production capacity of 3.5 (...)
As Eid Al-Fitr's festive spirit envelops Egypt, countless Egyptians look forward to a well-earned holiday, eager to discover the myriad charms within their nation's borders. Egypt's tapestry of historical wonders, stunning natural vistas, and lively (...)
Egypt's stock market (EGX) closed in the green on Thursday. The main index, EGX30 climbed by 0.30 per cent, to 28,964.41 points.
The small to mid-size enterprises' index, EGX70 surged by 0.24 per cent, to 7,306.89 points.
The index, EGX100 index (...)
Egypt's stock market (EGX) closed mixed on Tuesday. The main index, EGX30 declined by 0.41 per cent, to 29,330.66 points.
The small to mid-size enterprises' index, EGX70 soared by 2.22 per cent, to 7,656.64 points.
The index, EGX100 index climbed by (...)
Egypt's stock market (EGX) closed in the green area on Monday. The main index, EGX30 jumped by 1.12 per cent, to 29,452.4 points.
The small to mid-size enterprises' index, EGX70 soared by 1.64 per cent, to 7,490.41 points.
The index, EGX100 index (...)
Egypt's stock market closed on a green note for the second straight day on Monday. The main index EGX30 rose by 1.06 per cent to 26,250.73 points, while the small to mid-sized enterprises' index, EGX70, climbed by 1.32 per cent to 6,220.97 points, (...)
Egypt's stock market closed in the green area on Thursday. The main index EGX30 rose by 0.21 per cent to 25519.25.
The small to mid-sized enterprises' index, EGX70, climbed by 1.11 per cent to 5955.56.
EGX100 rose by 0.89 per cent to 8479.36.
The (...)
Egypt's stock market closed mixed for the second consecutive day on Thursday. The main index EGX30 dropped by 0.23 per cent to 25350.28.
The small to mid-size enterprises' index EGX70 climbed 0.25 per cent to 5678.02.
The index EGX100 rose by 0.1 (...)
Saudi Arabian utility developer ACWA Power announced on Wednesday that it has successfully secured a $123 million financial close for the construction of the 200MW Kom Ombo solar project in Egypt.
The financing institutions for this project include (...)
