Business
Minister: Highest tower in Egypt project to be put forward in March economic summit
February 25, 2015
Minister: Highest tower in Egypt project to be put forward in March economic summit
Housing, Utilities and Urban Communities Minister Mostafa Madbouly announced the second project that will be put forward to investors during…
Newspaper: Egypt’s ministry of finance to cooperate with private sector in three new projects
February 25, 2015
Newspaper: Egypt’s ministry of finance to cooperate with private sector in three new projects
Egypt's Central Unit of Public Private Partnership (PPP), in minister of finance, plans to add three new projects to the…
Russian wheat arriving in Egypt after export tax delays -trade
February 24, 2015
Russian wheat arriving in Egypt after export tax delays -trade
Russian wheat purchased by Egypt's state grain buyer is now arriving following delays in shipments in the run-up to Russia's imposition of…
African Bank to pump US$500 mn supporting Egypt-Africa trade
February 24, 2015
African Bank to pump US$500 mn supporting Egypt-Africa trade
The African Export-Import Bank will avail funds worth of US$500 million designed to facilitate trade between Egypt and other member…
Egypt’s market gains LE70 million on Tuesday, EGX30 inches up 0.11%
February 24, 2015
Egypt’s market gains LE70 million on Tuesday, EGX30 inches up 0.11%
Egypt's market main index EGX30 Tuesday's session gained a marginal 0.11% recording 9,611.66 points with a weak turnover of LE317million.
Electricity Ministry signs contract at LE49 million to expand Tebbeen transformers station
February 24, 2015
Electricity Ministry signs contract at LE49 million to expand Tebbeen transformers station
A contract has been signed on Monday to expand Al-Tebbeen electrical transformers station, according to Ahmed al-Hanafy, chief of the…
Finance Ministry defends increase on cigarette prices
February 24, 2015
Finance Ministry defends increase on cigarette prices
The Finance Ministry has defended a recent decision by Egypt’s Presidency to increase taxes on local and imported cigarettes as a…
Govt to apply butane gas smart cards
February 24, 2015
Govt to apply butane gas smart cards
The government has approved starting the application of smart cards for the distribution of butane gas, having claimed the system’s…
Minister: Egypt’s budget deficit to become surplus by FY16/17
February 24, 2015
Minister: Egypt’s budget deficit to become surplus by FY16/17
Trade and Industry Minister Mounir Fakhry Abdel Nour said that the government economic reforms and the gradual reduction of energy prices…
Egypt to begin constructions in housing megaproject soon
February 24, 2015
Egypt to begin constructions in housing megaproject soon
Egypt will soon begin construction for the first stage of a major housing scheme, targeting one million homes over 160…