Economy
Fate of 4G mobile phone license still unknown after 6-year study
September 8, 2015
Fate of 4G mobile phone license still unknown after 6-year study
The fate of the 4G mobile phone license, the largest project in the Egyptian telecommunications sector, is still unknown after…
Hikma says to buy Egyptian pharma firm EIMC United
September 8, 2015
Hikma says to buy Egyptian pharma firm EIMC United
Hikma Pharmaceutical Plc said it would buy nearly the entire share capital of EIMC United Pharmaceuticals, a drugmaker specialising in…
Egypt’s finance minister says new gas find won’t hurt reform
September 7, 2015
Egypt’s finance minister says new gas find won’t hurt reform
Egypt's finance minister says that the discovery of a massive new offshore natural gas field will not slow down his…
Egypt’s market loses LE5.8 bn on Monday, EGX30 declines 1.5 %
September 7, 2015
Egypt’s market loses LE5.8 bn on Monday, EGX30 declines 1.5 %
Egypt's market closed in the red zone on Monday's session, as the benchmark EGX30 index went declined 1.48 percent 7,166.6…
Egypt signs deal with China Construction to build, finance, part of new capital
September 7, 2015
Egypt signs deal with China Construction to build, finance, part of new capital
Egypt signed an agreement with a Chinese company on building and financing part of a planned new administrative capital east…
Govt: China cuts 2014 GDP growth from 7.4% to 7.3%
September 7, 2015
Govt: China cuts 2014 GDP growth from 7.4% to 7.3%
China on Monday lowered its GDP growth figure for last year by 0.1 percentage points to 7.3 percent, official figures…
Minister: Agreement to facilitate export of Sudanese camels to Egyptian market
September 6, 2015
Minister: Agreement to facilitate export of Sudanese camels to Egyptian market
Trade and Industry Minister Mounir Fakhry Abdel Nour announced that Egypt agreed with the Sudanese side to remove obstacles hindering…
Egypt’s market loses LE660 mn on Sunday, EGX30 down 0.3 %
September 6, 2015
Egypt’s market loses LE660 mn on Sunday, EGX30 down 0.3 %
Egypt's market closed in the red zone on Sunday's session, as the benchmark EGX30 index went down 0.3 percent, 7,273…
Egyptian pound steady at dollar sale, weaker at exchange bureaux
September 6, 2015
Egyptian pound steady at dollar sale, weaker at exchange bureaux
Egypt's central bank kept the pound steady at a dollar sale on Sunday, selling $37.8 million at a cut-off price…
Center: Developing Mediterranean gas finding can double Egypt’s production by 2018
September 6, 2015
Center: Developing Mediterranean gas finding can double Egypt’s production by 2018
Developing a newly-discovered Egyptian natural gas field in the Mediterranean Sea to totally meet domestic demand could almost double the…