Business
Gold demand weakest since 2009 in Q2 as Chinese turned to stocks
July 29, 2015
Gold demand weakest since 2009 in Q2 as Chinese turned to stocks
Demand for gold slid to its lowest in six years in the second quarter of this year as buyers from…
US official: New Suez Canal to reduce oil prices
July 29, 2015
US official: New Suez Canal to reduce oil prices
Special Envoy and Coordinator for International Energy Affairs leading the Bureau of Energy Resources (ENR) at the US Department of…
Egypt’s market gains LE6.1 billion on Wednesday, EGX30 jumps 2%
July 29, 2015
Egypt’s market gains LE6.1 billion on Wednesday, EGX30 jumps 2%
Egypt's market expanded its gains on Wednesday, as the benchmark EGX30 index jumped by 1.96 percent, recording 8,105.69 points and…
Egyptians are among the world’s most generous hotel reviewers
July 29, 2015
Egyptians are among the world’s most generous hotel reviewers
It happens to many travelers.
Minister confirms public employees’ wages will not be reduced after law amendment
July 29, 2015
Minister confirms public employees’ wages will not be reduced after law amendment
Wage rates will not be reduced despite an ongoing debate on the application of the new Civil Service Law, Finance…
UAE telco Etisalat Q2 net profit falls 40 %
July 28, 2015
UAE telco Etisalat Q2 net profit falls 40 %
Abu Dhabi-listed Etisalat reported a 40 percent fall in second-quarter net profit on Tuesday that it blamed on its Saudi…
Survey: Egypt’s central bank to hold rates amid inflation concern
July 28, 2015
Survey: Egypt’s central bank to hold rates amid inflation concern
Egypt's central bank is expected to keep interest rates on hold on Thursday with inflation still in double digits, despite…
Egypt’s market gains LE2.7 billion Tuesday, EGX30 rises 0.8%
July 28, 2015
Egypt’s market gains LE2.7 billion Tuesday, EGX30 rises 0.8%
Egypt's market closed in the green zone on Tuesday, as the benchmark EGX30 index rose 0.79 percent, recording 7,949.89 points…
MoF issues LE14 bn bond to boost pensions
July 28, 2015
MoF issues LE14 bn bond to boost pensions
Finance Minister Hany Qadry Dimian has issued two bonds through the public treasury, in order to finance the pensions of…