Egypt Independent

Egypt’s market gains LE7 billion on Wednesday, EGX30 jumps 2.6%
Business

Egypt’s market gains LE7 billion on Wednesday, EGX30 jumps 2.6%

Egypt's market extended its recovery on Wednesday's session, as the benchmark EGX30 index jumped by 2.55 percent, recording 7,882.62 points…
CAPMAS: Wages in government economic institutions and public companies increase by 13% in 2013/2014
Business

CAPMAS: Wages in government economic institutions and public companies increase by 13% in 2013/2014

The wages in the government economic institutions and public companies increased by 13 percent to reach LE18.4 billion (US$2.4 billion)…
Investor: 60% of hotel guests in Eid al-Fitr are Egyptians
Economy

Investor: 60% of hotel guests in Eid al-Fitr are Egyptians

The hotel occupancy rate in Egypt during Eid al-Fitr holidays is expected to reach 100 percent in most tourist cities,…
French researcher: Still no explanation for deportation from Egypt
Egypt

French researcher: Still no explanation for deportation from Egypt

The young French researcher who was deported from Egypt says she still has not received any explanation from the Egyptian…
Malaysia warns expat students in Cairo of accommodation fraud
Egypt

Malaysia warns expat students in Cairo of accommodation fraud

Malaysia’s embassy in Cairo has warned the country’s expatriate students of fraudulent practices carried out by their compatriots with regard…
Egypt’s market gains LE3.1 billion on Tuesday, EGX30 rises 1.3%
Business

Egypt’s market gains LE3.1 billion on Tuesday, EGX30 rises 1.3%

Egypt's market closed in the green zone on Tuesday's session, as the benchmark EGX30 index rose by 1.32 percent, recording…
Egyptian Businessmen Association calls for suspending cotton import ban
Egypt

Egyptian Businessmen Association calls for suspending cotton import ban

The Agriculture Committee of the Egyptian Businessmen Association has called for suspending the decision banning the import of cotton, to…
EgyptAir plans to launch its first bio-fuel-run jet in a year
Egypt

EgyptAir plans to launch its first bio-fuel-run jet in a year

EgyptAir plans to launch its first plane run on biofuel, replacing traditional jet fuel, in one year, said Civil Aviation…
Minister: Egypt receives 5 offers from Egyptian and Arab developers for new capital
Egypt

Minister: Egypt receives 5 offers from Egyptian and Arab developers for new capital

The Egyptian Ministry of Housing has received 5 offers from Egyptian and Arab companies for the development of the new…
US navy commander meets Egyptian counterpart during Alexandria visit
Egypt

US navy commander meets Egyptian counterpart during Alexandria visit

The United States’ Chief of Naval Operations Jonathan Greenert visited Egypt on from between July 11 and 13th, when he met…
Egypt’s market loses LE3.6 billion on Monday, EGX30 falls 1.4%
Business

Egypt’s market loses LE3.6 billion on Monday, EGX30 falls 1.4%

Egypt's market closed in the red zone on Monday's session, as the benchmark EGX30 index declined by 1.36 percent, recording 7,587.07…
Allocations for exports could increase from current LE2.6 bn
Business

Allocations for exports could increase from current LE2.6 bn

The government is discussing the possibility of increasing allocations for its Exports Development from a current LE2.6 billion, Foreign Trade…
Registered divorces up 10.9% in 2014
Egypt

Registered divorces up 10.9% in 2014

Registered divorces in Egypt inched up by 10.9 percent to 180,344 during 2014, according to a government report which recorded…
Minister: No party would be harmed by application of new Civil Service Law
Economy

Minister: No party would be harmed by application of new Civil Service Law

No party would be harmed by the application of the Civil Service Law, said Finance Minister Hany Qadry Dimian on…
President approves law empowering private sector to produce electricity
Business

President approves law empowering private sector to produce electricity

President Abdel Fattah al-Sisi has adopted changes to the laws on power generation and the national electricity authority, which essentially…
Egypt launches monitor to scrutinize foreign media reports
Egypt

Egypt launches monitor to scrutinize foreign media reports

The government of Egypt has launched a monitoring office run by its State Information Service (SIS) to verify information included…
Akhbar Al-Youm journalist arrested, subjected to torture
Egypt

Akhbar Al-Youm journalist arrested, subjected to torture

Mohamed Batawy, journalist at Akhbar Al-Youm has been detained since June 17, when the police stormed his home and arrrested him.  Batawy's…
Actor Omar Sharif dies aged 83
Egypt

Actor Omar Sharif dies aged 83

According to BBC news reports, the 83-year world-famous Egyptian actor Omar Sharif died in a Cairo hospital on Friday, after…
NCRC: Issuing constituency demarcation law ‘useless’
Egypt

NCRC: Issuing constituency demarcation law ‘useless’

Director of the NCRC Rami Mohsen said that the president has issued the electral constituencies law without the rest of…
Secuity sources: Political activist arrested at airport released
Egypt

Secuity sources: Political activist arrested at airport released

A leftist political activist who was arrested at Cairo's airport for complicity in violence was released on Friday, following "a…
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