Business
Government will not purchase cotton crops: Minister
January 4, 2015
Government will not purchase cotton crops: Minister
The government will not support cotton crops during the coming agricultural season, said Agriculture Minister Adel al-Beltagy, who called on…
Egyptian pound steady in official market, gains on black market
January 4, 2015
Egyptian pound steady in official market, gains on black market
The Egyptian pound held steady at a central bank dollar sale on Sunday and made gains on the black market.The…
Egypt pays $700 million to Paris Club
January 4, 2015
Egypt pays $700 million to Paris Club
Egypt will pay US$700 million to Paris Club this month as the first installment of debt repayment in 2015 which…
UAE’s Dana Gas says receives $60 mln from Egyptian gov’t
January 4, 2015
UAE’s Dana Gas says receives $60 mln from Egyptian gov’t
Egypt's government has paid Dana Gas $60 million, part of overdue receivables totalling $212 million, the Abu Dhabi-listed firm said…
Chamber of tourism federation: Hotel occupancy reached only 12% by New Year
January 3, 2015
Chamber of tourism federation: Hotel occupancy reached only 12% by New Year
Hotel occupancy rates in the cities of Taba and Nuweiba ranged between 6-12 percent by the New Year, except for…
CAPMAS: 6.3% increase in industrial production value
January 2, 2015
CAPMAS: 6.3% increase in industrial production value
The Central Agency for Mobilization and Statistics (CAPMAS) asserted- in its statement issued yesterday- that the industrial production value soared…
BG Group receives $350 mln payment from Egypt
January 2, 2015
BG Group receives $350 mln payment from Egypt
Britain's BG Group said on Friday it had received a $350 million payment from the Egyptian government following the country's…
Minister says Egypt eyes 3.3 mn feddans of wheat for 2015
December 31, 2014
Minister says Egypt eyes 3.3 mn feddans of wheat for 2015
Egypt, the world’s largest wheat importer, is eyeing the cultivation of 3.3 million feddans of wheat during 2015, Agriculture Minister Adel…
Survey: Funds positive on UAE, Egypt stocks in era of cheap oil
December 31, 2014
Survey: Funds positive on UAE, Egypt stocks in era of cheap oil
The United Arab Emirates and Egypt appear the most attractive among major Middle Eastern stock markets in an era of…
Egypt to provide Somalia with customs, tax expertise
December 30, 2014
Egypt to provide Somalia with customs, tax expertise
Egypt has expressed readiness to benefit Somalia with its logistic and technical expertise in the fields of customs and tax…