Business
Sisi confident after investment summit; now for the hard part
March 15, 2015
Sisi confident after investment summit; now for the hard part
President Abdel Fattah al-Sisi was so confident after Egypt signed billions of dollars of deals at an investment summit that…
PM: Egypt signs deals worth $36 bln at investment summit
March 15, 2015
PM: Egypt signs deals worth $36 bln at investment summit
Egypt signed deals worth $36 billion at an international investment conference in Sharm El Sheikh, Prime Minister Ibrahim Mehleb said…
Egypt’s market gains LE2bn on Sunday, EGX30 up 0.88%
March 15, 2015
Egypt’s market gains LE2bn on Sunday, EGX30 up 0.88%
Egypt's market main index EGX30 closed up 0.88 percent on Sunday's session to record 9,726.03 points with a total turnover…
Newspaper prices increase, readers vow to buy less
March 15, 2015
Newspaper prices increase, readers vow to buy less
The Supreme Press Council (SPC) approved on Sunday an increase in prices for governmental and privately-owned newspapers. Daily newspapers will…
Egypt signs agreement to generate 5,000 megawatts through solar energy
March 15, 2015
Egypt signs agreement to generate 5,000 megawatts through solar energy
Egypt signed a memorandum of understanding with global energy groups to generate electricity using solar power in a bid to…
Sisi: Egypt needs US$200 to 300 billion to advance
March 15, 2015
Sisi: Egypt needs US$200 to 300 billion to advance
President Abdel Fattah al-Sisi said at the Economic Summit that Egypt needs 200 to 300 billion dollars to advance, calling…
Mehleb to BP: Paying our dues to foreign companies is our top priority
March 15, 2015
Mehleb to BP: Paying our dues to foreign companies is our top priority
Prime Minister Ibrahim Mehleb and the Egyptian Petroleum Minister met on Sunday with British Petroleum (BP) CEO Bob Dudley at…
Egyptian pound steady on official market, stronger on black market
March 15, 2015
Egyptian pound steady on official market, stronger on black market
Egypt's central bank kept the pound steady at LE7.53 to the dollar at a foreign exchange auction on Sunday while…
UPDATED: Reports conflicting on the financier of Egypt’s new capital
March 15, 2015
UPDATED: Reports conflicting on the financier of Egypt’s new capital
Conflicting reports have emerged over the identity of the Emirati company that will finance the US$45 billion new administrative capital…
VISA: 30 million Egyptians carry out financial transactions outside legal channels
March 15, 2015
VISA: 30 million Egyptians carry out financial transactions outside legal channels
The MENA Regional Manager of VISA Inc., Tareq al-Husseiny, has announced that his company had prepared a draft strategy for…