Business
Egypt to offer dollar-denominated bonds before end of June
March 17, 2015
Egypt to offer dollar-denominated bonds before end of June
Egypt will offer dollar-denominated bonds between US$1.5 billion and $2 billion by the end of the current fiscal year, Finance…
Egypt’s market loses LE2bn on Monday, EGX30 fall 2%
March 16, 2015
Egypt’s market loses LE2bn on Monday, EGX30 fall 2%
Egypt's market main index EGX30 fell 2.03 percent on Monday's session to record 9,529.01 points with a total turnover of…
C.bank governor: Gulf allies’ cbank funds to arrive in Egypt within days
March 16, 2015
C.bank governor: Gulf allies’ cbank funds to arrive in Egypt within days
Central bank deposits that Egypt's Gulf allies pledged at an investment summit will arrive in the country within days, the…
Egyptian pound steady on official market, firms on black market
March 16, 2015
Egyptian pound steady on official market, firms 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,…
Official: Trade exchange between Egypt and Poland reaches US$400 billion
March 16, 2015
Official: Trade exchange between Egypt and Poland reaches US$400 billion
The trade volume between Egypt and Poland is estimated at US$400 billion, according to Commercial Minister Plenipotentiary Galal al-Sawy, head…
Dubai’s Emaar says not part of Egypt’s capital city project
March 16, 2015
Dubai’s Emaar says not part of Egypt’s capital city project
Dubai's Emaar Properties is not involved in a project to build a new administrative capital city in Egypt, it said…
Egypt’s Amer Group says 2014 net profit up 670 pct
March 16, 2015
Egypt’s Amer Group says 2014 net profit up 670 pct
Egyptian real estate company Amer Group Holding Co said on Monday its net profit for 2014 rose 670 percent over…
Orascom Construction says banks offer $1.95 bn for Egypt power station
March 16, 2015
Orascom Construction says banks offer $1.95 bn for Egypt power station
Orascom Construction is planning to raise $1.95 billion in syndicated loans which will be used for the $3 billion first…
Orascom Construction says banks offer US$1.95 bn for Egypt power station
March 16, 2015
Orascom Construction says banks offer US$1.95 bn for Egypt power station
Orascom Construction is planning to raise $1.95 billion in syndicated loans, which will be used for the $3 billion first…
Minister: Egypt state oil company signs deal to help develop Iraqi fields
March 15, 2015
Minister: Egypt state oil company signs deal to help develop Iraqi fields
Egypt's state oil company signed an agreement to join Kuwait Energy in developing an oil field in southern Iraq, the…