Business
Gold cuts losses after dive to 5-year low, risks remain
July 20, 2015
Gold cuts losses after dive to 5-year low, risks remain
Gold trimmed losses after falling as much as 4 percent to its lowest in more than five years on Monday…
Oil ministry: Eni discovers up to 15 bn cubic metres of gas in Egypt
July 20, 2015
Oil ministry: Eni discovers up to 15 bn cubic metres of gas in Egypt
Italy's Eni has discovered gas reserves of up to 15 billion cubic metres in Egypt's Nile Delta region, with production…
5 new areas will be put up to investment to establish logistical areas for grains, vegetables, fruits
July 19, 2015
5 new areas will be put up to investment to establish logistical areas for grains, vegetables, fruits
Five new areas will be put up to investment in Upper Egypt, Delta and Canal cities in order to establish…
IDA: 2,024 projects at LE33.4bn approved in 2014/15 FY
July 19, 2015
IDA: 2,024 projects at LE33.4bn approved in 2014/15 FY
Minister of Industry and Trade Munir Fakhry Abdel Nour said a big leap has been achieved in the rates of…
Trade exchange volume between Egypt, Algeria up 11.2%
July 18, 2015
Trade exchange volume between Egypt, Algeria up 11.2%
Egypt's Trade Minister Plenipotentiary to Algeria Mohamed Sherif Fathy said that the volume of trade exchange between Egypt and Algeria…
Egypt’s EGAS tenders for 45 cargoes LNG for 2015-16 shipment
July 18, 2015
Egypt’s EGAS tenders for 45 cargoes LNG for 2015-16 shipment
Egypt's state-owned gas company EGAS has tendered to buy 45 cargoes of liquefied natural gas (LNG) for delivery in 2015/16, three sources…
Egyptian pound steady at auction, weakens at exchange bureaus
July 16, 2015
Egyptian pound steady at auction, weakens at exchange bureaus
Egypt's central bank held the Egyptian pound steady at LE7.73 per dollar at a foreign exchange auction on Thursday after…
Egypt’s market gains LE4.8 billion on Thursday, EGX30 rises 1.8%
July 16, 2015
Egypt’s market gains LE4.8 billion on Thursday, EGX30 rises 1.8%
Egypt's market closed in green zone for third session in a row, as the benchmark EGX30 index on Thursday rose…
Egypt eyes 9 oil deals worth US$2.2 billion
July 16, 2015
Egypt eyes 9 oil deals worth US$2.2 billion
Egypt is preparing for the signing of nine petroleum deals which were approved in a recent Cabinet meeting, Petroleum Minister…
EGPC: Cooperation with Iran up to ‘sovereign authorities’
July 16, 2015
EGPC: Cooperation with Iran up to ‘sovereign authorities’
Egypt’s petroleum corporation has said that any future cooperation with Iran- after a nuclear deal with major world powers will…