Business
Egypt’s stock market loses LE5.7 billion on Tuesday while all indices up
November 19, 2014
Egypt’s stock market loses LE5.7 billion on Tuesday while all indices up
Egypt's stock market lost LE5.7 billion on Tuesday, while all indexes remained up, due to the loss of large market…
UAE’s Abraaj gets go-ahead on Bisco Misr acquisition
November 18, 2014
UAE’s Abraaj gets go-ahead on Bisco Misr acquisition
UAE-based Abraaj Investment Management has won regulatory clearance for its LE850 million (US$119 million) offer for Bisco Misr, one of…
IMF mission discusses investment guarantees in Egypt
November 18, 2014
IMF mission discusses investment guarantees in Egypt
In an attempt to overcome all obstacles facing investors, Egypt is now providing all guarantees that attract domestic and foreign…
Egypt’s stock market lose LE5 billion on Tuesday, while all indexes up
November 18, 2014
Egypt’s stock market lose LE5 billion on Tuesday, while all indexes up
The Egyptian stock exchange edged up as its main index EGX30 rose 0.66 percent to 9,177.81 points in total turnover…
Minister: Egypt’s GDP growth rate reaches 6.8 % in first quarter
November 18, 2014
Minister: Egypt’s GDP growth rate reaches 6.8 % in first quarter
Egypt’s economy grew 1.1% q-o-q and 6.8% y-o-y in first quarter of the 2014-15 fiscal year, according to Preliminary indicators,…
Egypt to host 2015 Oil & Gas summit next February
November 18, 2014
Egypt to host 2015 Oil & Gas summit next February
Egypt will host the 2015 Oil & Gas summit next February, where key operators and well-established international companies will gather…
Egyptian pound steady on official market, weaker on black market
November 17, 2014
Egyptian pound steady on official market, weaker on black market
The Egyptian pound was unchanged at a central bank dollar sale on Monday but weakened on the black market.The bank…
Egypt denies intention to borrow from IMF next year
November 17, 2014
Egypt denies intention to borrow from IMF next year
The Egyptian government currently has no intention to borrow money from the International Monetary Fund, according to the minister of…
December set for conference on Egypt’s economic future
November 17, 2014
December set for conference on Egypt’s economic future
Al Mal-GTM, a leading private sector think tank, will hold a CEO conference at Four Seasons Nile Plaza on 1 December…