Business

Egypt’s market gains LE66 million on Thursday, while EGX30 drops 1.4 %

Egypt’s market gains LE66 million on Thursday, while EGX30 drops 1.4 %

Egypt's market main index EGX30 Thursday decreased 1.43 percent to record 9,334.01points and a total turnover of LE532million,  the Egyptian…
Cairo hosts African Ministerial Conference on the Environment after 30 years

Cairo hosts African Ministerial Conference on the Environment after 30 years

Egypt is hosting the 15th session of the African Ministerial Conference on the Environment (AMCEN) from 2 to 6 March,…
CIB chairman optimistic of Egypt’s economic future

CIB chairman optimistic of Egypt’s economic future

The head of Egypt’s largest private sector bank has voiced optimism of the future of the country’s economy and investment…
Govt improves investment procedures and litigation

Govt improves investment procedures and litigation

Government and the business organizations are working on improving investment procedures and litigation in preparation for the economic summit on…
Egypt’s cabinet to approve VAT law before EEDC

Egypt’s cabinet to approve VAT law before EEDC

The Egyptian Cabinet plans to approve the value added tax (VAT) law before Economic Development Conference (EEDC) In March, according…
Cement prices stable in March

Cement prices stable in March

Cement companies and factories have announced that their maximum prices will remain stable through March for the third month in…
Sawiris to purchase majority of Euronews channel shares

Sawiris to purchase majority of Euronews channel shares

Egyptian business tycoon Naguib Sawiris is acquiring the majority of shares of the international news channel Euronews, according to the…
UAE’s Etisalat Q4 profit surges but misses forecasts

UAE’s Etisalat Q4 profit surges but misses forecasts

Abu Dhabi-listed Etisalat posted a 47 percent jump in fourth-quarter profit on Thursday as its purchase of a majority stake…
World art sales hit $15.2 billion in 2014

World art sales hit $15.2 billion in 2014

Global art sales set a fresh record in 2014 driven by acquisitions from new museums, while China maintained its place…
Egyptian central bank seen keeping rates steady

Egyptian central bank seen keeping rates steady

 Egypt's central bank is expected to leave interest rates unchanged at a monetary policy meeting on Thursday in order to…
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