Business
Report: Egypt’s oil and gas market to decline by 5.2 % for next five years
February 10, 2015
Report: Egypt’s oil and gas market to decline by 5.2 % for next five years
The Egyptian oil and gas market forecasts to decline by 5.2 percent for the five-year period 2014 - 2019, which is…
Egypt’s market gains LE940 million on Tuesday, EGX30 inches up 0.16%
February 10, 2015
Egypt’s market gains LE940 million on Tuesday, EGX30 inches up 0.16%
Egypt's market main index EGX30 inched up 0.16 percent Tuesday's session recording 9,900.65 points and a turnover of LE 630million,…
Central bank: Egypt’s core inflation falls to 7.06 pct in January
February 10, 2015
Central bank: Egypt’s core inflation falls to 7.06 pct in January
Egypt's annual urban consumer inflation and core inflation both slowed in January, a boost for government efforts to balance economic…
S&P lowers Saudi outlook on oil price slide
February 10, 2015
S&P lowers Saudi outlook on oil price slide
Standard and Poor's has lowered the outlook for the world's top oil exporter Saudi Arabia to negative and downgraded its…
Vodafone Egypt spending $1.25 billion on network upgrade
February 10, 2015
Vodafone Egypt spending $1.25 billion on network upgrade
Vodafone Egypt plans to spend around 9.5 billion Egyptian pounds ($1.25 billion) on upgrading its network over the next three…
Egypt sells LE5.5 bn in treasury bills
February 10, 2015
Egypt sells LE5.5 bn in treasury bills
Egypt's central bank (CBE) sold LE5.5 billion in domestic treasury bills on Tuesday, the Ministry of Finance said. CBE sold 18…
Cairo negotiates to transfer Iranian gas to Egypt
February 10, 2015
Cairo negotiates to transfer Iranian gas to Egypt
Egypt is seeking to convince Iraq to link the gas production fields in Iran to the national Arab gas pipeline…
Official: Russia offered to build Egypt’s nuclear station
February 10, 2015
Official: Russia offered to build Egypt’s nuclear station
Hussein al-Shafei, advisor to the Russian Space Agency in the Middle East, said Russian President Vladimir Putin’s visit to Cairo…
Egypt’s market loses LE3.8 bn on Monday, EGX30 down 0.74%
February 9, 2015
Egypt’s market loses LE3.8 bn on Monday, EGX30 down 0.74%
Egypt's market main index EGX30 declined 0.74 percent Monday's session recording 9,884.46 points and a turnover of LE 647 million,…
Finance Ministry, municipalities disagreements hold back mining draft regulation
February 9, 2015
Finance Ministry, municipalities disagreements hold back mining draft regulation
Egypt’s industry federation has decried disagreements between municipal authorities and the Finance Ministry for causing a delay in the issuance…