This article first appeared in February’s print edition of Business Monthly. The Russia-Ukraine war has put the spotlight on a…
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The Egyptian Ministry of Finance has revised its projections for the budget deficit in the current fiscal year 2023/2024, ending…
ICON, a subsidiary of Talaat Mostafa Group (TMG) Holding, has successfully acquired a 51% stake in Legacy Hotels, which owns…
Egypt’s state-owned and the country’s largest telecommunications network operator, Telecom Egypt, and Hungarian telecommunications and IT services provider 4iG Plc,…
The Egyptian House of Representatives has recently passed a new law permitting the sale of lands located outside urban areas,…
As investors witness rising competition and fewer lucrative opportunities in developed and traditionally attractive emerging markets, such as those in…
For the past few years, Egypt has been in dire need of foreign currency inflows, leading the pound to officially…
Egypt’s Minister of Petroleum and Mineral Resources, Tarek El Molla, has signed a contract between the Mineral Resources Authority and…
Beltone Financial Holding and gold investment solutions provider Evolve Gold have joined forces to unveil the ‘Beltone Evolve Gold Fund…
Since 2016, Egypt has been almost entirely dependent on the IMF’s money to provide foreign currency and a “vote of…