Business
Egyptian pound steady on official , stronger on black market
April 2, 2015
Egyptian pound steady on official , stronger on black market
Egypt's central bank kept the pound steady at LE7.53 to the dollar at a foreign exchange auction on Thursday, and…
Egypt’s benchmark index drops by 2.28 % on Thursday
April 2, 2015
Egypt’s benchmark index drops by 2.28 % on Thursday
Egypt's market Incurred heavy losses on Thursday's session, with benchmark index EGX30 dropped 2.28 percent reaching the record 8,891.73 points and…
Minister: 1 million Indian tourists initiative unsuccessful due to insufficient flights
April 2, 2015
Minister: 1 million Indian tourists initiative unsuccessful due to insufficient flights
According to Tourism Minister Khaled Ramy, Egypt received 60,459 Indian tourists in 2014. In January and February 2015, 19.6 percent…
Supply minister discusses jewelry manufacturing in Egypt
April 2, 2015
Supply minister discusses jewelry manufacturing in Egypt
The Minister of Supply and Internal Trade Khaled Hanafi announced the ministry's intention to study the issues thwarting the development…
Gulf stocks rise after oil’s rally; Arabtec up on Egypt report
April 2, 2015
Gulf stocks rise after oil’s rally; Arabtec up on Egypt report
Most Gulf STOCK MARKETS
Egypt’s market gains LE1.5 billion on Wednesday, while all indexes down
April 1, 2015
Egypt’s market gains LE1.5 billion on Wednesday, while all indexes down
Egypt's main stock market index EGX30 declined 0.39 percent on Wednesday's session, reaching the record 9,099.33 points with a LE1.1…
Official: Egypt considers 12-22% custom cuts on imported yarn
April 1, 2015
Official: Egypt considers 12-22% custom cuts on imported yarn
Egypt is considering cuts to custom fees on yarn and raw fibers imports ranging between 12 and 22 percent, a…
Report: Egypt’s benchmark index rises by 2.33 percent in first quarter of 2015
April 1, 2015
Report: Egypt’s benchmark index rises by 2.33 percent in first quarter of 2015
The overall market capital of Egypt's stock market rose by 1.2 percent in the first quarter of 2015 reaching 506.2…
Egyptian pound steady on official and black market
April 1, 2015
Egyptian pound steady on official and black market
Egypt's central bank kept the pound steady at LE7.53 to the dollar at a foreign exchange auction on Wednesday, and…
Gas shortage halts operations in fertilizer, iron plants
April 1, 2015
Gas shortage halts operations in fertilizer, iron plants
The majority of reinforcing steel and fertilizer plants in Egypt have halted operations as a natural gas shortage hits the…