Business
Govt selects 115 bidders for renewable energy projects
April 14, 2015
Govt selects 115 bidders for renewable energy projects
The Egyptian government has chosen 115 companies to carry out nation-wide renewable energy projects. The companies were among many that had…
CAPMAS: Egypt’s trade deficit decreases LE19.45 bn in Jan 2015
April 12, 2015
CAPMAS: Egypt’s trade deficit decreases LE19.45 bn in Jan 2015
Egypt's trade deficit narrowed to LE19.45 billion in January, from LE24.53 a year earlier, the state's Central Agency for Public…
Media: Emaar chairman insists Dubai developer still his focus
April 12, 2015
Media: Emaar chairman insists Dubai developer still his focus
he chairman of Emaar Properties has insisted he remains committed to the Dubai-based developer in the face of concern about…
Two agreements signed between MIDOR, UOP over expanding oil refinery
April 9, 2015
Two agreements signed between MIDOR, UOP over expanding oil refinery
Petroleum Minister Sherif Ismail has attended the signing ceremony of two agreements between the Middle East Oil Refinery (MIDOR) and…
Egypt’s market gains LE1.2 billion on Thursday, EGX30 rises 1.18 %
April 9, 2015
Egypt’s market gains LE1.2 billion on Thursday, EGX30 rises 1.18 %
Egypt's benchmark index EGX30 increased 1.18 percent on Thursday's session, reaching 8,892.53 points, with a weak turnover of LE 327.6…
Egyptian pound steady on official, black markets
April 9, 2015
Egyptian pound steady on official, black markets
Egypt's central bank kept the pound steady at LE7.53 to the dollar at a foreign exchange auction on Thursday, while…
Contractors association demand overhaul of real estate sector
April 9, 2015
Contractors association demand overhaul of real estate sector
Egyptian Contractors Association has urged an overhaul of laws regulating the real estate sector, in order to amend the public…
Egypt-based Sawari Ventures to close $50Mn fund to new investors by year-end
April 8, 2015
Egypt-based Sawari Ventures to close $50Mn fund to new investors by year-end
Egypt-based investment firm Sawari Ventures expects to close its recently launched $50 million fund to new investors before year-end, its…
Egypt tourism revenues more than double in first 8 months of 2014/15
April 8, 2015
Egypt tourism revenues more than double in first 8 months of 2014/15
Egypt's tourism revenue jumped by 113.6 percent to US$4.01 billion during July-February 2014/2015, compared to LE1.9 billion during July-February 2013/2014,…
Egypt’s market gains LE6 billion on Wednesday, EGX30 up 0.83%
April 8, 2015
Egypt’s market gains LE6 billion on Wednesday, EGX30 up 0.83%
Egypt's benchmark index EGX30 increased 0.83 percent on Wednesday's session, reaching 8,788.90 points and a LE 687.5 million turnover, according…