Business
Egypt’s Arab Investment Bank and IDB unit launch leasing firm
March 26, 2015
Egypt’s Arab Investment Bank and IDB unit launch leasing firm
Egypt's Arab Investment Bank and the private sector arm of the Islamic Development Bank will launch an Islamic leasing firm…
Thailand’s PTT keen to sell stake in Egypt gas pipeline business
March 26, 2015
Thailand’s PTT keen to sell stake in Egypt gas pipeline business
Thailand's largest energy firm PTT PCL is keen to sell a 25 percent stake in Egyptian gas pipeline company East…
Egypt’s market loses LE10 billion on Wednesday, EGX30 falls 1.8 %
March 25, 2015
Egypt’s market loses LE10 billion on Wednesday, EGX30 falls 1.8 %
Egypt's market main index EGX30 dropped by 1.80 percent on Wednesday's session to record 9,198.46 points with a total turnover…
1,000 workers at Ain Sokhna port on strike
March 25, 2015
1,000 workers at Ain Sokhna port on strike
At least 1,000 workers went on strike at the Ain Sokhna port on Wednesday, demanding their late share profits and…
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…