Economy

Economy

14:57
Natural gas field in the Mediterranean
 Egypt's state-owned gas company EGAS has tendered to buy at least 48 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three traders said. A senior official at EGAS confirmed that there was a...
18:11
Egyptian shares have recovered during Thursday's session part of their large losses from the previous two days, following the Arab markets rebound, dealers said.   The EGX30 Index soared 3.39 percent to record...
14:36
File photo of employees working on Mercedes-Benz S-class cars at the plant in Sindelfingen near Stuttgart, 24 January 2014.
Egypt has decided to begin protectionist measures to face a sudden rise in automotive batteries imports in a bid to embolden local production, the Trade and Industry Ministry said Thursday.   Minister Mounir Fakhry...
12:52




Reuters/Reuters - An employee counts money at a bank in Cairo September 4, 2014. REUTERS/Asmaa Waguih






 


 
The Egyptian pound was unchanged at a central bank dollar sale on Thursday and stronger on the unofficial market after the government established a fourth weekly dollar auction. The bank offered $40 million and said it...
10:36
 Kellogg has raised its bid for Egyptian snack maker Bisco Misr to 86.36 Egyptian pounds per share, topping a rival offer from the UAE's Abraaj Investment Management by two percent. The move follows an...

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Spanish police arrested Egyptian businessman Hussein Salem late last week on charges of money...

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Egyptian Banks' credit balances moved up by LE13.4 billion to reach LE2.4...
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