Business

Egypt Seeks LE262 billion debt sales this quarter

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

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

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…
Emaar Misr shares up for stock market trading

Emaar Misr shares up for stock market trading

The Egyptian Exchange began Sunday trading on the shares of Emaar Misr, days after the company offered 600 million shares…
Center predicts outcome for Egypt’s anti-terror battle

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

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%

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%

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 %

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…
Egypt tourist arrivals rise 9% in the first half of 2015

Egypt tourist arrivals rise 9% in the first half of 2015

Sami Mahmoud, head of the Tourism Promotion Authority, said that a 9 percent increase in the amount of incoming tourists…
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