Business
UNIDO seeks to raise quality of Egyptian essesntial oils to access global market
December 10, 2014
UNIDO seeks to raise quality of Egyptian essesntial oils to access global market
The United Nations Industrial Development Organization (UNIDO) seeks to raise the quality of Egyptian essential oils through the “Upgrading the…
Egyptian Iron and Steel’s net loss widened to LE 125m in 1Q2014/15
December 10, 2014
Egyptian Iron and Steel’s net loss widened to LE 125m in 1Q2014/15
The Egyptian Iron and Steel Company Wednesday says its net loss widened to LE125 million in the first quarter of…
Egypt’s Orascom to sell assets to Accelero Capital
December 10, 2014
Egypt’s Orascom to sell assets to Accelero Capital
An Orascom subsidiary has approved the sale of 140 million Egyptian pounds (US$19.58 million) of assets to Accelero Capital group,…
Egypt consumer inflation falls to 9.1 pct in November
December 10, 2014
Egypt consumer inflation falls to 9.1 pct in November
Egypt's annual urban consumer inflation slowed to 9.1 percent in November from 11.8 percent in the previous month, the official…
Egypt extends period of Abraaj bid for Bisco Misr to match Kellogg’s
December 9, 2014
Egypt extends period of Abraaj bid for Bisco Misr to match Kellogg’s
Egypt's financial regulator on Thursday extended the offer period for UAE's Abraaj Investment Management for Egyptian cake and biscuit maker…
EGX30 falls 1% on Tuesday, market loses LE7.1 billion
December 9, 2014
EGX30 falls 1% on Tuesday, market loses LE7.1 billion
The Egyptian stock exchange declined on Tuesday 's session with a turnover of LE992 million.The market's main index EGX30 down…
Egyptian businessmen, US officials hold trade talks in Cairo
December 9, 2014
Egyptian businessmen, US officials hold trade talks in Cairo
Egyptian Businessmen’s Association (EBA) board, headed by Hussein Sabour, has held a meeting in Cairo on Tuesday with US Commerce…
Egypt walks balance of payments tightrope
December 9, 2014
Egypt walks balance of payments tightrope
Egypt is walking a balance of payments (BOP) tightrope, where it faces challenges including the continued stagnation of exports, low…
Egypt to launch tender for second LNG import terminal
December 9, 2014
Egypt to launch tender for second LNG import terminal
Egypt will launch a tender for a second liquefied natural gas (LNG) import terminal in the coming weeks, a source…
Egypt’s stock market up for 4th day, EGX30 advances 0.46% on Monday
December 8, 2014
Egypt’s stock market up for 4th day, EGX30 advances 0.46% on Monday
The Egyptian stock exchange closed Sunday in the green for the forth consecutive session with a turnover of LE976 million. The…