Business
Egypt’s market gains LE5.82 bn on Tuesday, EGX30 jumps 2.14%
January 20, 2015
Egypt’s market gains LE5.82 bn on Tuesday, EGX30 jumps 2.14%
Egypt's market main index EGX30 jumped 2.14 percent on Tuesday's session to 9,804.18 points on a relatively high turnover of…
SEBA: 85% of issues with investors resolved
January 20, 2015
SEBA: 85% of issues with investors resolved
Secretary General of the Saudi Egyptian Businessmen Association (SEBA) Ahmed Darwish said that around 85 percent of problems of corporates…
Expert criticizes CBE decision to increase dollar exchange rate
January 20, 2015
Expert criticizes CBE decision to increase dollar exchange rate
Ahmed Shiha, vice president of the Division of Importers, criticized the Central Bank of Egypt's decision to increase the dollar…
Nestle plans to invest $138 million in Egypt in next few years
January 20, 2015
Nestle plans to invest $138 million in Egypt in next few years
Swiss food giant Nestle plans to invest about LE 1billion ($138 million / 91 million pounds) in Egypt in the…
Egypt to receive leading Italian companies delegation next February
January 19, 2015
Egypt to receive leading Italian companies delegation next February
Mounir Fakhry Abdel Nour, Minister of Industry, said that Egypt will receive a delegation of representatives to major Italian companies,…
Egypt’s market gains LE1.55 billion on Monday, EGX30 up 0.72%
January 19, 2015
Egypt’s market gains LE1.55 billion on Monday, EGX30 up 0.72%
Egypt's market rose by 0.72 percent on Monday's session with 9,599.10 points and turnover of LE722 million, the dealer said. The…
Minister: New investment law to be finalized before economic summit
January 19, 2015
Minister: New investment law to be finalized before economic summit
A new investment law will be finalized before the economic summit slated for March, according to Trade and Industry Minister…
UPDATED-Egypt allows pound to fall again as inflation concern eases
January 19, 2015
UPDATED-Egypt allows pound to fall again as inflation concern eases
Egypt's central bank let the pound weaken on Monday for the second day running, a move analysts said was aimed…
World Bank: improvements in Egyptian confidence
January 19, 2015
World Bank: improvements in Egyptian confidence
The World Bank reported an improvement in Egyptian confidence levels in exports and manufacturing in its semi-annual report on Monday. The…
Businessmen association to hold conference on future of energy in Egypt
January 19, 2015
Businessmen association to hold conference on future of energy in Egypt
Egyptian Businessmen Association (EBA) will hold in February a conference on supporting energy in Egypt in collaboration with Ahram to be…