Business
EU gives Cairo annual donation of 1 billion euros
November 28, 2014
EU gives Cairo annual donation of 1 billion euros
Alongside efforts to boost Egypt's green energy sector, the European Union is helping Cairo achieve ambitious goals through providing annual…
175 companies bid for renewable energy projects
November 28, 2014
175 companies bid for renewable energy projects
The Electricity Ministry declared 175 companies have bid for renewable energy contracts after the tariffs for power supply using renewable sources…
Egypt’s Qalaa to issue shares by May for swap, restructuring
November 27, 2014
Egypt’s Qalaa to issue shares by May for swap, restructuring
Egypt's Qalaa Holding will issue shares worth 4 billion Egyptian pounds ($560 million) by May 2015 to advance a major…
Egypt’s stock market gains LE2.4 billion on Thursday, EGX30 up 0.99%
November 27, 2014
Egypt’s stock market gains LE2.4 billion on Thursday, EGX30 up 0.99%
The Egyptian stock exchange on Thursday closed on a positive note for the third consecutive session at a turnover of…
Egyptian pound steady on official, stronger on black market
November 27, 2014
Egyptian pound steady on official, stronger on black market
Egypt's pound held steady at a central bank dollar sale on Thursday but strengthened slightly on the unofficial market.The bank…
Public and private sectors in telecom partnerships up to LE7 billion
November 27, 2014
Public and private sectors in telecom partnerships up to LE7 billion
Giant information technology projects are to be carried out via public and private sectors partnerships (PPP) worth of from LE500…
EFG Hermes: Early signs for recovery of Egyptian economy confirmed
November 27, 2014
EFG Hermes: Early signs for recovery of Egyptian economy confirmed
EFG Hermes, one of the Middle East's largest investment banks, confirmed early signs for the recovery of the Egyptian economy…
Egypt repays Qatar’s deposit Friday
November 27, 2014
Egypt repays Qatar’s deposit Friday
Egypt will pay Qatar back a US$2.5 billion the oil-rich kingdom had deposited at the Central Bank of Egypt under…
Ericsson and Mobinil expand partnership to enhance network capabilities
November 27, 2014
Ericsson and Mobinil expand partnership to enhance network capabilities
Swedish multinational provider of communications, Ericsson has been chosen by Mobinil to enhance the Egyptian telecommunication company’s network providing improved…
Minister: Egypt housing project talks slowed by Arabtec board changes
November 27, 2014
Minister: Egypt housing project talks slowed by Arabtec board changes
Negotiations to implement a $40 billion scheme for one million new homes in Egypt have been slowed by board changes…