Business
CEO: EFG Hermes eyes Egypt renewables investments, leasing business
March 2, 2015
CEO: EFG Hermes eyes Egypt renewables investments, leasing business
Egyptian investment bank EFG Hermes is studying investments in renewable energy and hopes to start a leasing business in its…
C bank governor :Egypt to keep using interbank market “in coming period”
March 1, 2015
C bank governor :Egypt to keep using interbank market “in coming period”
Egypt's central bank will continue using the interbank market "in the coming period" alongside regular dollar auctions, the bank's governor…
Egypt’s central bank sells $420 mln in interbank marke
March 1, 2015
Egypt’s central bank sells $420 mln in interbank marke
Egypt's central bank said on Sunday it sold US$420 million in the interbank market, after a regularly-scheduled dollar auction did…
Egypt’s market losses LE2.9 billion on Sunday , EGX30 drops 0.54%
March 1, 2015
Egypt’s market losses LE2.9 billion on Sunday , EGX30 drops 0.54%
Egypt's market main index EGX30 Sunday decreased 0.54 percent to record 9,283.59 points and a weak turnover of LE345million, the…
Egypt demands reactivation of US export customs exemption
March 1, 2015
Egypt demands reactivation of US export customs exemption
Egypt has demanded the reactivation of a customs exemption system for its exports to the United States.
Egypt equities lose LE15.6 billion in February
February 28, 2015
Egypt equities lose LE15.6 billion in February
Egypt's market main index EGX30 incurred losses 5.2 percent in February, and market capital lost LE15.6 billion ( US$2.04 billion)…
IMF chief to attend Egypt’s economic summit
February 28, 2015
IMF chief to attend Egypt’s economic summit
International Monetary Fund (IMF) President Christine Lagarde will attend Egypt’s most-anticipated economic summit in March, an IMF spokesperson said to…
Finance, investment ministers review Egypt’s economic plan with EBRD president
February 28, 2015
Finance, investment ministers review Egypt’s economic plan with EBRD president
Finance Minister Hani Qadri and Investment Minister Ashraf Salman held a meeting Thursday 26/02/2015 with President of European Bank for…
China’s trade minister to participate in Egypt’s economic conference
February 27, 2015
China’s trade minister to participate in Egypt’s economic conference
China's trade minister will participate in Egypt's economic conference due in March, heading a delegation of official and private sector…
Al-Futtaim Group to invest LE18 bn in Egypt over 5 years
February 27, 2015
Al-Futtaim Group to invest LE18 bn in Egypt over 5 years
The UAE Al-Futtaim Group, specialized in building malls and recreational facilities, has announced its long-term commitment to supporting Egypt by…