Business
Suez Canal corridor investment law to be adopted Wednesday
March 10, 2015
Suez Canal corridor investment law to be adopted Wednesday
Suez Canal Authority (SCA) Chairman Mohab Mamish said the government will approve the law on investment in the Suez Canal…
Dollar at 12-year peak on euro, emerging markets spooked
March 10, 2015
Dollar at 12-year peak on euro, emerging markets spooked
The US dollar scored multi-year highs against the euro and yen in Asia on Tuesday amid starkly diverging outlooks for…
Egypt’s market gains LE1.44 billion on Monday, EGX30 rises 0.78%
March 9, 2015
Egypt’s market gains LE1.44 billion on Monday, EGX30 rises 0.78%
Egypt's market main index EGX30 on Monday rose 0.78 percent to record 9,713.61 points on total turnover of LEP589 million,…
Tourism minister dismissal hurts Egypt’s presence at ITB Berlin
March 9, 2015
Tourism minister dismissal hurts Egypt’s presence at ITB Berlin
Although indications pointed towards Egypt’s progress with regards to the number of tourists visiting the country, the dismissal of former…
CEO: Orascom Construction shares to start trading in Cairo by Wednesday
March 9, 2015
CEO: Orascom Construction shares to start trading in Cairo by Wednesday
Shares in Egypt's Orascom Construction (OC) will start trading on the Cairo stock market by Wednesday, the company's chief executive…
Official: Egypt sets price for shale gas at $5.45 per mmBtu
March 9, 2015
Official: Egypt sets price for shale gas at $5.45 per mmBtu
Egypt has set the price of shale gas expected to be extracted from a recent concession to foreign firms at…
Chinese company to invest US$250 million in Egypt
March 9, 2015
Chinese company to invest US$250 million in Egypt
The Chinese Star Oil and Gas (SOG) company has announced an investment of US$250 million in Egypt to help build…
Egypt’s Orascom may rise on listing in Dubai
March 9, 2015
Egypt’s Orascom may rise on listing in Dubai
Shares in Egypt's Orascom Construction (OC) may rise as they start trading on NASDAQ Dubai on Monday after the company…
Egypt’s market gains LE1.76 billion on Sunday, EGX30 rises 0.65%
March 8, 2015
Egypt’s market gains LE1.76 billion on Sunday, EGX30 rises 0.65%
Egypt's market main index EGX30 rose 0.65 percent to record 9,675 points on total turnover of LEP450 million, the Egyptian…
Egypt opens LE200 million logistics center
March 8, 2015
Egypt opens LE200 million logistics center
Egypt’s Industry and Trade Minister, Mounir Fakhry Abdel Nour, inaugurated on Sunday the second part of a logistics and warehousing…