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Study: Egyptian-Kuwaiti cumulative investments exceeded $16 billion over past 4 decades

Study: Egyptian-Kuwaiti cumulative investments exceeded $16 billion over past 4 decades

A study on Egyptian-Kuwaiti relations revealed that the cumulative investments between the two countries exceeded US$16 billion over the past…
Minister: Industrial companies to pay only for actual consumption of natural gas

Minister: Industrial companies to pay only for actual consumption of natural gas

The prime minister has approved the Industry Ministry's proposal to allow industrial companies using natural gas to pay for their…
Central bank: Egypt money supply up 15.65 pct in November

Central bank: Egypt money supply up 15.65 pct in November

Egypt's M2 money supply was up 15.65 percent at the end of November from a year earlier, the central bank…
Egypt’s market gains LE1.93 billion on Monday, EGX30 Index up 0.77 pct

Egypt’s market gains LE1.93 billion on Monday, EGX30 Index up 0.77 pct

Egypt's market rose on Monday's session with EGX30 closing 0.77 percent up, recording 9,011.7 points and a turnover of LE…
Newspaper: Army to hold 30% of unified telecom body

Newspaper: Army to hold 30% of unified telecom body

The Egypt’s government bodies will own 60 percent of the unified telecommunication entity it intends to establish and task with…
Egyptian pound steady in official market, stronger on black market

Egyptian pound steady in official market, stronger on black market

The Egyptian pound held steady at a central bank dollar sale on Monday and strengthened on the black market.The bank…
Sewedy to install $706 mn in power stations for electricity ministry

Sewedy to install $706 mn in power stations for electricity ministry

El Sewedy Electric has announced that one of its subsidiaries has signed two contracts for the importing, installation and test…
Transportation Ministry mulls amending DIPCO, DP World contracts

Transportation Ministry mulls amending DIPCO, DP World contracts

Transportation Minister Hany Dahy, along with heads of seaport authorities and maritime transport sector, will try to modify the contract of…
Egypt’s market gains LE1.2 billion on Sunday, EGX30 Index inches up 0.18 pct

Egypt’s market gains LE1.2 billion on Sunday, EGX30 Index inches up 0.18 pct

Egypt's market a slight increase on Sunday's session with EGX30 closing 0.18 percent up, recording 8942.65 points and a turnover…
Egypt’s Suez Canal revenue rises 11.4 pct to $5.5 billion in 2014

Egypt’s Suez Canal revenue rises 11.4 pct to $5.5 billion in 2014

Twenty dredgers are currently working in the new Suez Canal, managing to finish underwater dredging operations for 24 million square…
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