Economy
Egypt’s market gains LE12.2 billion on Sunday, while EGX30 drops 1.2%
July 5, 2015
Egypt’s market gains LE12.2 billion on Sunday, while EGX30 drops 1.2%
Egypt's market traded sideways on Sunday's session, as the benchmark EGX30 index declined by 1.16 percent, recording 8,218.25 points and…
EGAS official: Egypt raises gas price paid to Italy’s Eni and Edison
July 5, 2015
EGAS official: Egypt raises gas price paid to Italy’s Eni and Edison
Egypt has raised the prices it pays Eni and Edison for the natural gas they produce in the country, an…
Egypt Seeks LE262 billion debt sales this quarter
July 5, 2015
Egypt Seeks LE262 billion debt sales this quarter
The Egyptian government will seek to raise LE262 billion from the sale of domestic debt in the first quarter of 2015/16…
Egypt targets LE417 investments this fiscal year
July 5, 2015
Egypt targets LE417 investments this fiscal year
The Egyptian government is targeting LE416.6 billion (US$55 billion) in investments for the fiscal year of 2015/16, compared to LE353.7…
Assay revenue LE27 million in 6 months
July 5, 2015
Assay revenue LE27 million in 6 months
Revenues from the Supply Ministry’s Assay Office garnered LE27 million in the last six months from stamping 26 tons of…
Center predicts outcome for Egypt’s anti-terror battle
July 5, 2015
Center predicts outcome for Egypt’s anti-terror battle
An economic research center has predicted possible outcomes for Egypt’s economy based on positive or negative results stemming from the…
NUCA finalizes 2014-2015 plan
July 4, 2015
NUCA finalizes 2014-2015 plan
The New Urban Communities Authority (NUCA) has fully accomplished its 2014-2015 plan.The plan cost some 13 billion pounds, Housing Minister…
Egypt’s market loses LE2.2 bn in week, EGX30 index down 1.1%
July 3, 2015
Egypt’s market loses LE2.2 bn in week, EGX30 index down 1.1%
Egypt's stock market has witnessed losses of LE2.15 billion this week, as all indexes were down, Egyptian Exchange data showed. The…
Egypt’s market loses LE1.2 billion on Thursday, EGX30 drops 0.7%
July 2, 2015
Egypt’s market loses LE1.2 billion on Thursday, EGX30 drops 0.7%
Egypt's market traded sideways on Thursday's session, as the benchmark EGX30 index went down by 0.68 percent, recording 8,341.72 points…
UPDATE: Egypt’s central bank lets pound weaken by 1.3 %
July 2, 2015
UPDATE: Egypt’s central bank lets pound weaken by 1.3 %
The central bank let the Egyptian pound depreciate for the first time in five months on Thursday, a move analysts…