Business
Egypt’s market loses LE2.2 billion on Sunday, EGX30 down 0.58%
May 10, 2015
Egypt’s market loses LE2.2 billion on Sunday, EGX30 down 0.58%
Egypt's market closed in the red zone on Sunday's session, as the EGX30 went down by 0.58 percent, reaching 8,692.00…
Finance Ministry: No one will get subsidized fuel without smart cards
May 10, 2015
Finance Ministry: No one will get subsidized fuel without smart cards
Deputy Finance Minister Amr Badawy said no gasoline will be disbursed at a subsidized price without the use of smart…
Government negotiations on compromise for Tanta Flax Company crisis
May 10, 2015
Government negotiations on compromise for Tanta Flax Company crisis
Chemical Industries Holding Company (CIHC), a business sector company, started a new round of negotiations with Saudi investor Abdellah al-Kahky…
EFG offers Egyptian Diagnostics Company in London Stock Exchange
May 10, 2015
EFG offers Egyptian Diagnostics Company in London Stock Exchange
EFG Hermes has concluded its advisory on an initial public offering for Egypt’s largest medical diagnostics company in the London…
Egypt asks US to reduce Israeli components in QIZ products
May 10, 2015
Egypt asks US to reduce Israeli components in QIZ products
Egypt has demanded the United States reduce the Israeli contribution to products produced under a joint free industrial zone agreement. Industry…
Sisi requests budget deficit decreased by LE40 billion for 2015/16
May 10, 2015
Sisi requests budget deficit decreased by LE40 billion for 2015/16
President Abdel Fattah al-Sisi is reviewing the budget for the 2015/16 fiscal year and has requested the deficit be reduced by…
Egypt’s market gains $1.9 bn in week, EGX30 up 0.81%
May 9, 2015
Egypt’s market gains $1.9 bn in week, EGX30 up 0.81%
Egypt's market main index EGX30 rose 0.81 percent this week, reaching 8,742.42 points and a turnover of LE2.6 billion, the…
Govt to settle dispute with Indian, Gulf investors
May 8, 2015
Govt to settle dispute with Indian, Gulf investors
The Cabinet will soon announce a number of important settlements with Indian and Gulf investors to avoid paying compensations up…
Minister: Big housing project on Sokhna-Suez road with Italian finance
May 8, 2015
Minister: Big housing project on Sokhna-Suez road with Italian finance
An Italian leading company operating in the building and construction filed has announced preparation of a plan to establish a…
UK markets rally as Conservatives head for outright election win
May 8, 2015
UK markets rally as Conservatives head for outright election win
British financial markets rallied on Friday as election results pointed to a shock outright victory for Prime Minister David Cameron's…