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Egypt launches new solar power plant in Siwa

Egypt launches new solar power plant in Siwa

Egypt launched on Thursday a new power plant generated by solar energy in Siwa, west of the country, the minister…
Egypt’s pound steady on official auction and black market

Egypt’s pound steady on official auction and black market

Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Thursday,…
Investment law, earnings lift Egypt

Investment law, earnings lift Egypt

A new investment law and positive earnings in the real estate sector boosted Egypt's stock market in early trade on…
Petroleum Minister: Egypt could import gas from Israel

Petroleum Minister: Egypt could import gas from Israel

Egypt will take the controversial decision to import natural gas from Israel if the price is suitable and the Spanish…
Egypt’s SODIC says 2014 net profit LE154.3 million

Egypt’s SODIC says 2014 net profit LE154.3 million

SODIC, Egypt's third-largest listed property developer, said it made a net profit of 154.3 million Egyptian pounds ($20.2 million) in…
Egypt’s pound steady on official auction, slightly weaker on black market

Egypt’s pound steady on official auction, slightly weaker on black market

Egypt's central bank kept the pound steady at 7.53 pounds to the dollar at a foreign exchange auction on Wednesday,…
Qatar eyes 7% growth in 2015 despite oil price slump

Qatar eyes 7% growth in 2015 despite oil price slump

Qatar's economy is predicted to grow by seven percent in 2015, as it forges ahead with huge infrastructure investment despite…
Egypt’s market gains LE730 mn on Wednesday, while all indexes down

Egypt’s market gains LE730 mn on Wednesday, while all indexes down

Egypt's market Wednesday traded on the same levels For the third session in a row, with EGX30 Index  inched 0.15…
Natural gas to be provided to 850,000 housing units this year

Natural gas to be provided to 850,000 housing units this year

Gamal Hegazy, vice-chairman of the Egyptian Natural Gas Holding Company (EGAS), said the government will provide natural gas to around…
Orascom Construction offers 11 pct of shares in $185 mln IPO

Orascom Construction offers 11 pct of shares in $185 mln IPO

Orascom Construction plans to offer 11 percent of its shares on the Cairo bourse to raise 1.41 billion Egyptian pounds…
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