Economy
Russian delegation in Egypt for industrial zone project
July 27, 2015
Russian delegation in Egypt for industrial zone project
A delegation from Russia’s trade and industry ministry has begun a four-day visit to Egypt to select the location of…
EFSA: Insurance companies assets surge LE59 bn
July 27, 2015
EFSA: Insurance companies assets surge LE59 bn
The total assets of insurance companies surged to LE58.81 billion during the first quarter of 2015, up 11 percent from…
Egypt’s market loses LE1.7 billion Monday, EGX30 falls 1.5%
July 27, 2015
Egypt’s market loses LE1.7 billion Monday, EGX30 falls 1.5%
Egypt's market closed in the red zone for a second session in a row, as the benchmark EGX30 index on…
Report: Private sector investments in past 3 years US$60 bn
July 27, 2015
Report: Private sector investments in past 3 years US$60 bn
The annual report of the Egyptian Businessmen's Association has revealed that the total size of investments by the private sector…
Egypt 4th most sued by investors as new trade deal approaches
July 27, 2015
Egypt 4th most sued by investors as new trade deal approaches
Egypt ranks fourth among countries most sued by investors, according to data from the United Nations Conference on Trade and…
EGX to launch new equal weighted index EGX50 next Sunday
July 27, 2015
EGX to launch new equal weighted index EGX50 next Sunday
The Egyptian Exchange will launch a new equal weighted index (EWI) EGX50 next Sunday August 2, 2015, according to a…
CEO: Egypt’s Pioneers plans IPO of real estate developer Rooya
July 27, 2015
CEO: Egypt’s Pioneers plans IPO of real estate developer Rooya
Egypt's Pioneers Holding is seeking an initial share offering of real estate developer Rooya worth at least LE1 billion ($128…
Shanghai stocks see worst fall since 2007, defying government efforts
July 27, 2015
Shanghai stocks see worst fall since 2007, defying government efforts
Shanghai shares on Monday suffered their biggest one-day decline in more than eight years, plummeting 8.48 percent in defiance of…
Egypt flies 206 kgs of gold to Canada for sale
July 27, 2015
Egypt flies 206 kgs of gold to Canada for sale
Egypt flew 206 kilograms of gold from its Sukari gold mine late Sunday to Canada for refining and sale at…
BG Egypt appoints oil and gas veteran as new president
July 27, 2015
BG Egypt appoints oil and gas veteran as new president
BG Egypt, a subsidiary of BG Group and one of Egypt's largest natural gas producers, has appointed Khaled Kacem as…