Business
Egypt launches new solar power plant in Siwa
March 5, 2015
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
March 5, 2015
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
March 5, 2015
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
March 5, 2015
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
March 5, 2015
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
March 4, 2015
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
March 4, 2015
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
March 4, 2015
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
March 4, 2015
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
March 4, 2015
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…