Economy
Egypt’s market gains LE1.1 billion on Tuesday, EGX30 up 0.39 %
April 14, 2015
Egypt’s market gains LE1.1 billion on Tuesday, EGX30 up 0.39 %
Egypt's benchmark index EGX30 inched 0.39 percent up on Tuesday's session, reaching 8,927.53 points, and turnover of LE 508 million, according…
Tourism Ministry not to issue new licenses to agencies for another year
April 14, 2015
Tourism Ministry not to issue new licenses to agencies for another year
Mohamed Shaalan, head of the tourist agencies department said that the Tourism Ministry will not issue licenses for new tourist…
EFG Hermes named best Middle East broker
April 14, 2015
EFG Hermes named best Middle East broker
EFG Hermes Securities Brokerage has been named the best Middle East broker at EMEA Finance Middle East Banking Awards 2014,…
Egypt to import US$3.55 bn worth of LNG in 2015-2016
April 14, 2015
Egypt to import US$3.55 bn worth of LNG in 2015-2016
Egypt will import around US$3.55 billion worth of liquefied natural gas (LNG) in the 2015-2016 financial year, an official at…
Govt selects 115 bidders for renewable energy projects
April 14, 2015
Govt selects 115 bidders for renewable energy projects
The Egyptian government has chosen 115 companies to carry out nation-wide renewable energy projects. The companies were among many that had…
Egypt’s market gains LE1.2 billion on Thursday, EGX30 rises 1.18 %
April 9, 2015
Egypt’s market gains LE1.2 billion on Thursday, EGX30 rises 1.18 %
Egypt's benchmark index EGX30 increased 1.18 percent on Thursday's session, reaching 8,892.53 points, with a weak turnover of LE 327.6…
Contractors association demand overhaul of real estate sector
April 9, 2015
Contractors association demand overhaul of real estate sector
Egyptian Contractors Association has urged an overhaul of laws regulating the real estate sector, in order to amend the public…
Egypt tourism revenues more than double in first 8 months of 2014/15
April 8, 2015
Egypt tourism revenues more than double in first 8 months of 2014/15
Egypt's tourism revenue jumped by 113.6 percent to US$4.01 billion during July-February 2014/2015, compared to LE1.9 billion during July-February 2013/2014,…
Egypt’s market gains LE6 billion on Wednesday, EGX30 up 0.83%
April 8, 2015
Egypt’s market gains LE6 billion on Wednesday, EGX30 up 0.83%
Egypt's benchmark index EGX30 increased 0.83 percent on Wednesday's session, reaching 8,788.90 points and a LE 687.5 million turnover, according…
Egyptian pound steady on official, slightly weaker on black markets
April 8, 2015
Egyptian pound steady on official, slightly weaker on black markets
Egypt's central bank kept the pound steady at E7.53 to the dollar at a foreign exchange auction on Wednesday, while…