Business
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…
Egyptian pound steady on official market, weaker on black market
December 21, 2014
Egyptian pound steady on official market, weaker on black market
The Egyptian pound held steady at a central bank dollar sale on Sunday but weakened on the unofficial market.The bank…
EFSA approves Kellogg’s revised bid to acquire Bisco Misr at LE86.36/share
December 21, 2014
EFSA approves Kellogg’s revised bid to acquire Bisco Misr at LE86.36/share
The Egyptian Financial Supervisory Authority (EFSA) approved Kellogg’s revised bid to acquire Bisco Misr at EGP86.36/share, 2.008% over Abraaj’s bid…
Amer Group in deal with Saudi mall co for theme park
December 21, 2014
Amer Group in deal with Saudi mall co for theme park
Amer Group has signed a deal with a Saudi entertainment and shopping malls giant Othaim Markets for the establishment of…