Business
Egypt’s market loses LE1.64 billion on Tuesday, EGX30 down 0.83%
January 28, 2015
Egypt’s market loses LE1.64 billion on Tuesday, EGX30 down 0.83%
Egypt's market main index declined 0.83 percent on Wednesday's session recording 9,863.73 points and a turnover of LE827 million, the…
UAE’s NBAD CEO declines comment on Citigroup’s Egypt consumer unit
January 28, 2015
UAE’s NBAD CEO declines comment on Citigroup’s Egypt consumer unit
The chief executive of National Bank of Abu Dhabi (NBAD) declined to comment on Wednesday on whether his bank had…
Banking expert criticizes CBE policy toward US dollar
January 28, 2015
Banking expert criticizes CBE policy toward US dollar
Banking expert Passant Fahmy criticized previous televised remarks by Central Bank Governor Hisham Ramez in which he said he would…
Egyptian Consulate in UAE invites 500 companies to March economic summit
January 28, 2015
Egyptian Consulate in UAE invites 500 companies to March economic summit
The Egyptian Consulate in Dubai and the Northern Emirates promoted the economic summit, scheduled to be held next March, by…
Trading houses dominate in Egypt’s 75 LNG cargo tender
January 27, 2015
Trading houses dominate in Egypt’s 75 LNG cargo tender
European energy trading houses have emerged as the big winners of a highly sought-after Egyptian tender to buy 75 liquefied…
Egyptian businessmen: Falling ruble impacts tourism, imports
January 27, 2015
Egyptian businessmen: Falling ruble impacts tourism, imports
Egypt’s businessmen union held a meeting Monday which discussed the consequences of the falling exchange rates of Russian, Ukrainian and…
Egypt’s market gains LE3.8 billion on Tuesday, EGX30 rises 1.14%
January 27, 2015
Egypt’s market gains LE3.8 billion on Tuesday, EGX30 rises 1.14%
Egypt's market main index rose by 1.14 percent on Tuesday's session recording 9,946.58 points and a turnover of LE884 million,…
Egypt’s cabinet approves guidelines of coal use in industrial activities
January 27, 2015
Egypt’s cabinet approves guidelines of coal use in industrial activities
The Egyptian Cabinet approved the guidelines for the use of coal in industrial activities in Egypt, the minister of environmental…
Imported gas shipment postponed
January 27, 2015
Imported gas shipment postponed
Khaled Abdel Badie, chairman of the Gas Holding Company, said the electricity sector needs 150 million cubic meters of gas…
Trade Min.: Devising a road map for WTO necessary
January 26, 2015
Trade Min.: Devising a road map for WTO necessary
Minister of Trade and Industry Mounir Fakhry Abdel Nour returned home on Sunday coming from Switzerland, where he participated in…