Egypt might lease Mistral warships to China: agency
Egypt
September 28, 2015
Egypt might lease Mistral warships to China: agency
Egypt might lease recently-purchased French assault ships to China, Taiwan-based news website Want China Times reported, quoting the Moscow-based Russian…
Kellogg Acquires Egyptian cereal maker Mass Food Group
Business
September 28, 2015
Kellogg Acquires Egyptian cereal maker Mass Food Group
The Kellogg Company announced it has acquired Egypt's leading cereal company, Mass Food Group for approximately US$50 million on Monday. "As…
Egypt’s market gains LE1.7 bn on Tuesday, EGX30 rises 0.8 %
Business
September 22, 2015
Egypt’s market gains LE1.7 bn on Tuesday, EGX30 rises 0.8 %
Egypt's stock market closed in the green zone in Tuesday's session, as the benchmark EGX30 index rose 0.84 percent to…
Navy intervenes to rescue 20 tourists from cruise boat in Hurghada
Egypt
September 22, 2015
Navy intervenes to rescue 20 tourists from cruise boat in Hurghada
Egypt’s navy intervened to rescue 20 tourists who were on board a cruise boat in Hurghada, army spokesperson Mohamed Samir…
Egypt’s market gains LE1.3 bn on Monday, EGX30 rises 0.7 %
Business
September 21, 2015
Egypt’s market gains LE1.3 bn on Monday, EGX30 rises 0.7 %
Egypt's stock market closed in the green zone in Monday's session, as the benchmark EGX30 index rose 0.71 percent to…
Army not yet to blame for Mexican tourists killing: Egypt ambassador
Egypt
September 21, 2015
Army not yet to blame for Mexican tourists killing: Egypt ambassador
Despite an official apology from Egypt for the mistaken killing of 12 Mexican tourists in an army air raid in…
Israeli settlers in fresh raids at Jerusalem mosque
Egypt
September 20, 2015
Israeli settlers in fresh raids at Jerusalem mosque
Jewish settlers raided al-Aqsa Mosque in Jerusalem again on Sunday, after a two-day hiatus, according to a Sky News Arabia…
Egypt’s market loses LE2.1 bn on Sunday, indexes mixed
Business
September 20, 2015
Egypt’s market loses LE2.1 bn on Sunday, indexes mixed
Egypt's stock market ended its Sunday session with a mixed performance, as the benchmark EGX30 index and the broader EGX100…
NGO provides online tool for income tax calculation
Egypt
September 20, 2015
NGO provides online tool for income tax calculation
An NGO has developed an online tool for the instant calculation of income taxes and how their returns are redirected…
Afreximbank increases financial allocation to African trade from $500 mn to $1 bn
Business
September 20, 2015
Afreximbank increases financial allocation to African trade from $500 mn to $1 bn
Afreximbank has increased the financial allocation to trade between African countries from US$500 million to $1 billion, according to Chairman…