Economy

Fate of 4G mobile phone license still unknown after 6-year study‏

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

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

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 %

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

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%

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

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 %

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

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

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…
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