Business
Customs from European countries to be reduced 10% starting January
December 13, 2014
Customs from European countries to be reduced 10% starting January
The Customs Department has started measures to reduce customs on cars imported from European Union by 10 percent starting January…
Egypt’s non-petroleum exports rise to $20.2 billion Jan-Nov 2014
December 13, 2014
Egypt’s non-petroleum exports rise to $20.2 billion Jan-Nov 2014
Egypt's non-oil exports grew by 0.22 percent to US$2.206 billion (LE142.9 billion) from January to November 2014, compared to $20.162…
Minister: Wheat plantations amount to 1.3 million acres
December 12, 2014
Minister: Wheat plantations amount to 1.3 million acres
The total area cultivated with wheat is about about 3.1 million acres, according to the latest ministry statistics, said Minister of…
Oil sinks Gulf markets, Dubai down 7.4%
December 11, 2014
Oil sinks Gulf markets, Dubai down 7.4%
Gulf stock markets fell sharply on Thursday as panic selling spread across the region after oil dropped to a fresh…
EGX30 falls 2.2% on Thursday, market loses LE8 billion
December 11, 2014
EGX30 falls 2.2% on Thursday, market loses LE8 billion
The Egyptian stock exchange fell on Thursday for the third consecutive session with a turnover of LE772 million.The market's main…
Egypt’s Amer group wins approval to start building resort in Jordan
December 11, 2014
Egypt’s Amer group wins approval to start building resort in Jordan
Egyptian real estate company Amer Group has won approval to start building the $989.40 million Porto Dead Sea resort in…
Report: Egypt’s payment cards reach to LE161 billion in 2013
December 11, 2014
Report: Egypt’s payment cards reach to LE161 billion in 2013
The value of Egyptian payment cards (including debit and credit cards) reached LE161.7 billion (US$23.5 billion) in 2013 with annual…
EGX30 drops 0.83%, market loses 3 billion
December 10, 2014
EGX30 drops 0.83%, market loses 3 billion
The Egyptian stock exchange declined on Tuesday for the second consecutive session with a turnover of LE765 million.The market's main index…
CBE: Egypt core inflation falls to 7.81 pct in November
December 10, 2014
CBE: Egypt core inflation falls to 7.81 pct in November
Egypt core inflation ,computed by the Central Bank (CBE), dropped to 7.81 percent in November down from 8.47 percent in…
CBE report: EU is no. 1 trade partner to Egypt
December 10, 2014
CBE report: EU is no. 1 trade partner to Egypt
Egypt's foreign trade went up by 1.5 per cent to reach 85.9 billion dollars during the fiscal year 2013/2014. According to…