Business
Housing Minister ratifies sealed envelopes system instead of land auctions
November 25, 2014
Housing Minister ratifies sealed envelopes system instead of land auctions
Housing Minister Mostafa Madbouly announced on Monday replacing the land auctions with sealed envelops.
Egypt’s stock market loses LE12.1 billion on Monday
November 24, 2014
Egypt’s stock market loses LE12.1 billion on Monday
The Egyptian stock exchange fell as its main index EGX30 dipped 1.27 percent to 9,156.68 points in a total turnover…
UAE offers Egypt $200m to fund micro enterprises
November 24, 2014
UAE offers Egypt $200m to fund micro enterprises
Prime Minister Ibrahim Mahlab and UAE Minister of State Sultan Ahmed Al-Jaber, attended the signing ceremony of a $200-million deal…
Minister stresses priority of investment legislation
November 24, 2014
Minister stresses priority of investment legislation
The legislative reform committee has put investment legislation at the top of its priorities, by instruction from President Abdel Fattah al-Sisi…
C. bank: Egypt sold $1.796 bln in dollar-denominated treasury bills
November 24, 2014
C. bank: Egypt sold $1.796 bln in dollar-denominated treasury bills
Egypt's central bank sold $1.796 billion in one-year dollar-denominated treasury bills to local banks and foreign financial institutions at an…
Minister: 66 hotels meet criteria of green tourism in Egypt
November 24, 2014
Minister: 66 hotels meet criteria of green tourism in Egypt
Minister of Tourism Hisham Zaazou said on Sunday that Green Tourism is no longer a luxury, but a pressing must.In…
Egypt’s Beltone to issue bonus shares, raise capital
November 24, 2014
Egypt’s Beltone to issue bonus shares, raise capital
Egypt's Beltone Financial Holding's unveiled a one-for-two stock dividend plan as part of a two-stage capital increase programme of up…
Investment Minister: Armed forces, public sector not competing with investors
November 24, 2014
Investment Minister: Armed forces, public sector not competing with investors
Investment Minister Ashraf Salman denied claims that armed forces and other public sector companies are competing with private investors in…
Egyptian iron workers suspend all production
November 23, 2014
Egyptian iron workers suspend all production
The workers at the Egyptian and Iron Steel Company (EISCO) went on a total strike demanding 15 months worth of…