Business
BMI: Egypt’s medical device market expects to reach $1.01bn within five years
December 23, 2014
BMI: Egypt’s medical device market expects to reach $1.01bn within five years
Egypt's medical device market is projected to grow by 11.1 percent in 2013-2018, one of the highest growth rates for…
Gulf, Egypt markets rebound stalls after oil pulls back
December 23, 2014
Gulf, Egypt markets rebound stalls after oil pulls back
Most Gulf stock markets fell on Tuesday, ending a rally of several days, after the Brent oil price pulled back…
Egyptian group to set up industrial zone in Ethiopia
December 23, 2014
Egyptian group to set up industrial zone in Ethiopia
The Ethiopian Ministry of Industry has received an offer from Elsewedy Electric Group to establish an industrial zone in Ethiopia…
Minister: Fuel smart card system to be applied in April
December 23, 2014
Minister: Fuel smart card system to be applied in April
The cabinet has decided to apply the new fuel smart card system in all governorates starting April, Planning Minister Ashraf…
Egypt’s market gains $1.2 bn, EGX30 Index inching up 0.15%
December 22, 2014
Egypt’s market gains $1.2 bn, EGX30 Index inching up 0.15%
Egyptian shares ended sideways with the EGX30 index inching up 0.15percent to reach 8,703.32 points .Meanwhile, the EGX70 and the…
Egyptian pound steady on official, slightly weaker on black market
December 22, 2014
Egyptian pound steady on official, slightly weaker on black market
The Egyptian pound held steady at a central bank dollar sale on Monday and weakened slightly on the black market.The…
Decrease in trade balance deficit in September
December 22, 2014
Decrease in trade balance deficit in September
Deficit in the balance of trade retreated by 11% last September, as the deficit rate hit 70.9%, compared to 81.9%…
Tourism Minister provides scenarios to face Russia’s ruble decline
December 22, 2014
Tourism Minister provides scenarios to face Russia’s ruble decline
The decline in price of Russian official currency of ruble will affect tourist traffic to Egypt from Russia, which neared…
Collapse of crude oil price to affect investment opportunities in Egypt
December 21, 2014
Collapse of crude oil price to affect investment opportunities in Egypt
Chairman of the Energy Committee of the Federation of Egyptian Industries Tamer Abu Bakr said the international oil companies will…
Egypt’s market gains $1.3 bn on Sunday, EGX30 Index soars 3.5%
December 21, 2014
Egypt’s market gains $1.3 bn on Sunday, EGX30 Index soars 3.5%
Egyptian shares ended on a strong positive note for the second consecutive session following the Arab markets rebound, dealers said.The…