news

Egypt’s int’l reserve rises $108m in November
04 - Wed - Dec - 2019
Egypt’s int’l reserve rises $108m in November
Egypt’s net foreign reserve grew 0.24% month-on-month, or $108 million, at the end of November 2019.The North African country’s foreign reserve went up to $45.354 billion at the end of last month, compared to $45.246 billion a month earlier, according to data released on Tuesday…
Palm Hills Alexandria Phase II launched with EGP 5.1bn investments
04 - Wed - Dec - 2019
Palm Hills Alexandria Phase II launched with EGP 5.1bn investments
 Palm Hills Development Co announced the launch of the second phase of Palm Hills Alexandria with investments of EGP 5.1 billion.Situated over 135 feddans on the coastal road, the project features residential units, commercial complexes, an international school, and a sporting club, the company’s chairman and…
Merrimack Pharmaceuticals receives $5m payment, announces $6.7m special dividend
04 - Wed - Dec - 2019
Merrimack Pharmaceuticals receives $5m payment, announces $6.7m special dividend
US-based Merrimack Pharmaceuticals has received $5 million milestone payment from French pharmaceutical company Ipsen.The payment came in line with Ipsen’s decision to progress the ongoing multi-part clinical trial evaluating ONIVYDE drug in patients with small-cell lung cancer into the second randomised portion of the trial…
Egypt’s securitisation bonds hit EGP 18bn year-to-date – FRA chairman
04 - Wed - Dec - 2019
Egypt’s securitisation bonds hit EGP 18bn year-to-date – FRA chairman
Egypt has issued securitisation bonds worth EGP 18 billion since the beginning of 2019, compared to EGP 5.3 billion in 2018, Reuters reported on Tuesday, citing the chairman of the Financial Regulatory Authority (FRA), Mohamed Omran, as saying.The total value of securities in the Egyptian…
Egyptian Stock Exchange Morning Report 04-12-2019
04 - Wed - Dec - 2019
Egyptian Stock Exchange Morning Report 04-12-2019
Egyptian Exchange Morning Report 04-12-2019general news, corporate news, global indices,global indices,official exchange rates,commodities, interest ratesmacroeconomicindicator, stock picks,calendar.Please read or drive from the attached link◄