Fitch affirms Egypt at ‘B’; Outlook stable
Egypt

Fitch affirms Egypt at ‘B’; Outlook stable

Fitch Ratings has confirmed that Egypt's long-term foreign and local currency Issuer Default Ratings (IDR) received a 'B' with a…
Egypt’s market gains LE740 mn in week, while EGX30 index down 0.6%
Business

Egypt’s market gains LE740 mn in week, while EGX30 index down 0.6%

Egypt's stock market has witnessed slightly gains of LE740 million this week, and indexes were mixed, Egyptian Exchange data showed. The…
Video: US ambassador wishes happy Ramadan to Egyptians
Egypt

Video: US ambassador wishes happy Ramadan to Egyptians

The US ambassador to Egypt, R. Stephen Beecroft, released a video Thursday, wishing Egyptians a happy Ramadan on the first…
Minister highlights Russian interest in energy investments
Business

Minister highlights Russian interest in energy investments

Major Russian companies are eager to invest in various Egyptian economic sectors, most notably the energy and natural gas sectors,…
CAPMAS: 17.9% increase in scientific mission delegates in 2014
Egypt

CAPMAS: 17.9% increase in scientific mission delegates in 2014

The total number of Egyptian delegates traveling abroad on scientific missions increased by 17.9 percent in 2014, reaching 822 delegates,…
Egypt’s Suez Canal revenues fall for third consecutive month in May
Egypt

Egypt’s Suez Canal revenues fall for third consecutive month in May

Egypt's revenues from the Suez Canal continued to fall in May for the third consecutive month, reaching US$449.6 million, compared…
Photojournalist recounts abuse in prison after release
Egypt

Photojournalist recounts abuse in prison after release

An Egyptian photojournalist released mid-May after more than 490 days in detention, has recounted the abuse he suffered in prison…
CAPMAS: 172% increase in Foot and Mouth Disease incidents in Egypt
Egypt

CAPMAS: 172% increase in Foot and Mouth Disease incidents in Egypt

The number of cases of cattle infected with foot and mouth disease in Egypt increased to 172.1 percent in 2014,…
Egypt’s market gains LE1.6 billion on Wednesday, EGX30 up 0.01 %
Business

Egypt’s market gains LE1.6 billion on Wednesday, EGX30 up 0.01 %

Egypt's stock market closed flat on Wednesday, as the benchmark EGX30 index inched up 0.01 percent, recording 8,556.55.1 points and…
Giza villages suffer from water cuts
Egypt

Giza villages suffer from water cuts

The villages of Mazghouna, Nazlet al-Shobak and Omraniya in Giza have been suffering from daily water cuts for over a…
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