Economy

Russian delegation in Egypt for industrial zone project

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

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%

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

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

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

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

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

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

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

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…
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