Economy
Loans given to customers in Egypt hit LE713.6 bn in June
September 5, 2015
Loans given to customers in Egypt hit LE713.6 bn in June
The loans provided by the Egyptian banks, except for the Central Bank of Egypt (CBE), to customers have increased by LE8 billion…
Minister: US$ 6 billion in fresh investments refineries
September 5, 2015
Minister: US$ 6 billion in fresh investments refineries
Minister of Petroleum and Mineral Resources, Sheriff Ismail announced the allocation of US$6 billion in investments for the manufacturing and…
GAFI chief: Major projects to be promoted before Euromoney conference
September 5, 2015
GAFI chief: Major projects to be promoted before Euromoney conference
CEO of the General Authority For Investment (GAFI) Alaa Omar said the organization of the Euromoney Conference next Monday represents…
Egypt, Indonesia trade exchange up 15% in first five month of 2015
September 5, 2015
Egypt, Indonesia trade exchange up 15% in first five month of 2015
Egypt and Indonesia's trade exchange from January to May has increased 15 percent compared to the same period of the…
Russia’s Gazprom to offer 5 mn tons of gas to Egypt
September 5, 2015
Russia’s Gazprom to offer 5 mn tons of gas to Egypt
Russian Energy Minister Alexander Novak said Gazprom company will provide Egypt with one million tons of liquefied natural gas annually…
Global LNG-Egypt takes centre stage after shortlist and Russian deals
September 4, 2015
Global LNG-Egypt takes centre stage after shortlist and Russian deals
Asian liquefied natural gas (LNG) prices sank this week as fresh supply emerged from traditional Chinese buyers looking to trim…
Egypt’s EGAS invites 10 LNG firms for workshop linked to tender
September 4, 2015
Egypt’s EGAS invites 10 LNG firms for workshop linked to tender
Ten liquefied natural gas (LNG) trading firms have been invited by state-run Egyptian Natural Gas Holding Co (EGAS) to join…
Egypt’s market gains LE12.7 bn in week, EGX30 index jumps 3.1%
September 4, 2015
Egypt’s market gains LE12.7 bn in week, EGX30 index jumps 3.1%
Egypt's stock market has witnessed wins of LE12.69 billion (US$1.6 billion) this week, as all indexes jumped, Egyptian Exchange data…
Egypt’s market gains LE5.6 bn on Thursday, EGX30 jumps 2.03 %
September 3, 2015
Egypt’s market gains LE5.6 bn on Thursday, EGX30 jumps 2.03 %
Egypt's market jumped as global backdrop improves on Thursday's session, according to Reuters.The benchmark EGX30 index jumped 2.03 percent, to…
Egyptian pound steady at dollar sale, exchange bureaux
September 3, 2015
Egyptian pound steady at dollar sale, exchange bureaux
Egypt's central bank kept the pound steady at a dollar sale on Thursday, selling $37.8 million at a cut-off price…