Business
Egypt looking into paying for Russian wheat in roubles
June 22, 2015
Egypt looking into paying for Russian wheat in roubles
Egypt, the world's largest wheat importer, is studying a proposal put forward by some Russian grain exporters to pay for…
Egypt’s market gains LE1.6 billion on Monday, while all indexes go down
June 22, 2015
Egypt’s market gains LE1.6 billion on Monday, while all indexes go down
Egypt's stock market closed in the red zone for the second session in a row, as the benchmark EGX30 index…
Minister: Egypt to implement projects worth LE3.1 bn in May
June 22, 2015
Minister: Egypt to implement projects worth LE3.1 bn in May
Two hundred twenty-one industrial projects worth LE3.1 billion were cleared in May to begin implementation, Trade and Industry Minister Mounir Fakhry Abdel…
Egypt agrees deal with BP for LNG supply
June 22, 2015
Egypt agrees deal with BP for LNG supply
Egypt has agreed a liquefied natural gas (LNG) supply deal with British oil major BP through 2015 and 2016, but for less…
Egyptian pound steady on official market, stronger on black market
June 21, 2015
Egyptian pound steady on official market, stronger on black market
Egypt's central bank kept the pound's exchange rate steady at 7.53 to the dollar at a foreign exchange auction on…
Egypt’s market loses LE1.6 billion on Sunday, EGX30 down 0.5%
June 21, 2015
Egypt’s market loses LE1.6 billion on Sunday, EGX30 down 0.5%
Egypt's stock market closed in the red zone on Sunday, as the benchmark EGX30 index went down by 0.48 percent,…
CAPMAS: Egypt’s industrial production index decreases 13.8% in April
June 21, 2015
CAPMAS: Egypt’s industrial production index decreases 13.8% in April
Egypt's Industrial Production Index (without crude oil and petroleum products) decreased 13.8 percent in April 2015, compared to March 2015,…
Ministries win extension for MoUs on March conference projects
June 21, 2015
Ministries win extension for MoUs on March conference projects
The Cabinet has ordered a 90-day extension for the memorandums of understanding regarding the projects agreed upon during the Egypt…
Russia offers Egypt wheat to be paid for in rubles
June 21, 2015
Russia offers Egypt wheat to be paid for in rubles
According to Trade and Industry Minister Mounir Fakhry Abdel Nour, Egypt has received a proposal to obtain wheat shipments from…
Planning minister: VACSERA will settle debts
June 19, 2015
Planning minister: VACSERA will settle debts
Planning Minister Ashraf al-Araby said a plan has been devised to settle all the debts of the Holding Company for…