Business
Bill on Suez Economic Zone to be reviewed by Cabinet next week
February 23, 2015
Bill on Suez Economic Zone to be reviewed by Cabinet next week
Hani Sarrey Eddin, legal advisor to the Suez Canal Development Project, said the amended law on economic zones is the…
Regulator: Egypt’s Pioneers Holdings still interested in Arab Dairy bid
February 22, 2015
Regulator: Egypt’s Pioneers Holdings still interested in Arab Dairy bid
Egyptian financial firm Pioneers Holdings is still interested in bidding for Arab Dairy, the country's regulator said on Sunday, after…
EU to declare 120-mn-euro grants to Egypt during March summit
February 22, 2015
EU to declare 120-mn-euro grants to Egypt during March summit
The European Union will declare grants for Egypt worth of 120 million euros during its participation in Egypt Economic Development…
Egypt’s market losses LE 2.2 billion on Sunday, while EGX30 inches up 0.14%
February 22, 2015
Egypt’s market losses LE 2.2 billion on Sunday, while EGX30 inches up 0.14%
Egypt's market Sunday is still moving within the same range of last week on low volumes as investors appear less…
Libyan dinar exchange rate falls back to LE3.40
February 22, 2015
Libyan dinar exchange rate falls back to LE3.40
The Libyan dinar exchange rate declined on the Egyptian domestic market, since the start of the Egyptian air strikes on…
Saudi investor demands LE1 bn compensation from Egyptian govt
February 22, 2015
Saudi investor demands LE1 bn compensation from Egyptian govt
The Saudi investor Abdallah al-Kaaky, owner of NUBASEED in Egypt, estimated his losses as a result of returning Tanta Flax…
Housing Ministry offers land parcels in new cities for Egyptian expatriates
February 22, 2015
Housing Ministry offers land parcels in new cities for Egyptian expatriates
Housing Minister Mostafa Madbouly said the reservation of around 3,138 land parcels located in three new cities will start on…
Egyptian pound steady in official auction, weaker on black market
February 22, 2015
Egyptian pound steady in official auction, weaker on black market
Egypt's central bank kept the pound steady at LE7.53 to the dollar at a foreign exchange auction on Sunday while…
Minister: Egypt considers listing Food Industries Holding Company
February 22, 2015
Minister: Egypt considers listing Food Industries Holding Company
Egypt is considering listing the state-owned Food Industries Holding Company (FIHC) in a rare initial public offering (IPO) of shares…
Minister: New charter flights between Aswan and 3 Chinese cities
February 22, 2015
Minister: New charter flights between Aswan and 3 Chinese cities
Egyptian Minister of Tourism Hisham Zazou said on Sunday that the start of charter flights between Aswan and three Chinese…