Business
Executive regulations of coal usage presents to Cabinet
March 25, 2015
Executive regulations of coal usage presents to Cabinet
Egypt’s Ministry of Justice and Ministry of State for Environmental Affairs have finished revising the executive regulations for the industrial…
Minister: Butane gas cylinders to be distributed on ration cards in Port Said
March 25, 2015
Minister: Butane gas cylinders to be distributed on ration cards in Port Said
Domestic Trade and Food Supply Minister Khaled Hanafy has announced a committee his ministry, along with the planning and petroleum ministries,…
EFG Hermes says potential Israeli gas import benefits Egypt economy
March 25, 2015
EFG Hermes says potential Israeli gas import benefits Egypt economy
EFG Hermes, one of the Middle East’s biggest investment banks, has praised Egyptian investors’ plans to import natural gas from…
CAPMAS: Egypt sees 5.5% annual tourists rise in January
March 25, 2015
CAPMAS: Egypt sees 5.5% annual tourists rise in January
Egypt received 677,500 tourists in January 2015, 5.5 percent more than the 642,200 it received in the same period last…
Govt creates company for FM radio management
March 25, 2015
Govt creates company for FM radio management
Prime Minister Ibrahim Mehleb has decreed the formation of an Egyptian joint venture, Radio al-Nil (Nile Radio), for the commercial…
Ministry: Mobile subscriptions down 4.40%, Internet up by 24.75%
March 24, 2015
Ministry: Mobile subscriptions down 4.40%, Internet up by 24.75%
Mobile subscriptions have seen a decline in their annual growth rate from 99.70 million users in December 2013, to 95.32…
Egypt’s market loses LE760 million on Tuesday, EGX30 inches down 0.1 %
March 24, 2015
Egypt’s market loses LE760 million on Tuesday, EGX30 inches down 0.1 %
Egypt's market main index EGX30 inched down by 0.07 percent on Tuesday's session to record 9,367.54 points with a total…
Experts cautiously optimistic about new Egyptian capital
March 24, 2015
Experts cautiously optimistic about new Egyptian capital
Experts voiced cautious optimism for Egypt’s plans to erect a US$45 billion new capital between Cairo and the Suez Canal,…
Banks ready to automate salaries of 7 mn govt employees by July
March 23, 2015
Banks ready to automate salaries of 7 mn govt employees by July
Misr Bank President Mohamed al-Itriby said on Monday that local banks are ready to automate the salaries of seven million…
Egyptian pound steady on official market, stronger on black market
March 23, 2015
Egyptian pound steady on official market, stronger on black market
Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Monday,…