Business
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…
Egyptian pound steady at official auction and exchange bureaus
July 28, 2015
Egyptian pound steady at official auction and exchange bureaus
Egypt's central bank kept the Egyptian pound steady at 7.73 per dollar at a foreign exchange auction on Tuesday after…
Russian delegation in Egypt for industrial zone project
July 27, 2015
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…