Fitch affirms Egypt at ‘B’; Outlook stable
Egypt
June 20, 2015
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
June 19, 2015
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
June 18, 2015
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
June 18, 2015
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
June 18, 2015
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
June 18, 2015
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
June 17, 2015
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
June 17, 2015
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
June 17, 2015
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
June 17, 2015
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…