Economy
Egypt’s exports to Africa in 1st quarter of 2015 totals $810 million
June 8, 2015
Egypt’s exports to Africa in 1st quarter of 2015 totals $810 million
The Trade and Industry Ministry has announced that the total number of Egyptian exports to African countries amounted to US$810 million…
Egypt’s comeback bond should pave way for future deals
June 7, 2015
Egypt’s comeback bond should pave way for future deals
Robust global demand for Egypt's first bond in five years could prompt it to revisit the debt markets as early…
Egypt’s market loses LE2.8 billion on Sunday, EGX30 down 0.6 %
June 7, 2015
Egypt’s market loses LE2.8 billion on Sunday, EGX30 down 0.6 %
Egypt's stock market closed in the red zone on Sunday, as the benchmark EGX30 index declined by 0.59 percent, recording…
Cyprus gas field to produce 8 bcm a year with pipeline to Egypt
June 7, 2015
Cyprus gas field to produce 8 bcm a year with pipeline to Egypt
The Aphrodite natural gas field off Cyprus is commercially viable and plans call for producing 8 billion cubic metres (bcm)…
Egyptian pound steady at official auction, on black market
June 7, 2015
Egyptian pound steady at official auction, on black market
Egypt's central bank kept the pound's exchange rate steady at 7.53 to the dollar at a foreign exchange auction on…
Egypt’s current account hits deficit of $4.1 bn in Jan-March quarter
June 7, 2015
Egypt’s current account hits deficit of $4.1 bn in Jan-March quarter
Egypt's current account deficit registered $4.1 billion in the three months to March from a surplus of $322.9 million in…
Egypt signs $300 mn deal with UOP to produce high-octane benzene
June 5, 2015
Egypt signs $300 mn deal with UOP to produce high-octane benzene
Egypt signed a deal to set up a project to produce high-octane benzene with investments worth about $300 million, the…
Egypt’s market loses LE3 bn in a week, EGX30 down 1.5%
June 5, 2015
Egypt’s market loses LE3 bn in a week, EGX30 down 1.5%
Egypt's market main index EGX30 declined 1.47 percent in this week, Egyptian Exchange data showed.Meanwhile, the EGX70 index and the…
Egypt’s Beltone Capital to offer shares on stock exchange in Q4 2015
June 4, 2015
Egypt’s Beltone Capital to offer shares on stock exchange in Q4 2015
Egypt's Beltone Private Equity will offer shares of Beltone Capital, which it manages, worth LE1 billion ($131.06 million) on the…
Egypt’s market loses LE2.24 billion on Thursday, EGX30 falls 1.4%
June 4, 2015
Egypt’s market loses LE2.24 billion on Thursday, EGX30 falls 1.4%
Egypt's stock market closed in the red zone on Thursday, as the benchmark EGX30 index declined by 1.4 percent, recording…