Business

Egypt’s stocks continue rally on Thursday, gain LE8.3 billion in a week

Egypt’s stocks continue rally on Thursday, gain LE8.3 billion in a week

The Egyptian stock exchange achieved a remarkable turnover in Thursday's session at LE1,058 million backed by institutions’ strong buying appetite…
Egyptian-Russian alliance on global logistic center for grains investment

Egyptian-Russian alliance on global logistic center for grains investment

A leading Russian investment company offered to set up an alliance with Egypt to participate and invest in the Global…
Standard & Poor’s delegation in Egypt to assess political environment

Standard & Poor’s delegation in Egypt to assess political environment

A Standard & Poor's Ratings Services delegation arrived on Wednesday to conduct several interviews as part of preparing Egypt’s classification…
EFG Hermes expects lower oil prices as positive news for Egypt

EFG Hermes expects lower oil prices as positive news for Egypt

EFG-Hermes expected lower oil prices as clearly positive news for oil-importing MENA.
Egypt’s stocks rise 2.4% on Wednesday, gain LE5.7 billion

Egypt’s stocks rise 2.4% on Wednesday, gain LE5.7 billion

The Egyptian stock exchange made remarkable gains in Wednesday’s session backed by Foreign and Arabs institutions’ buying. The EGX30 index soared…
World Bank: Egypt rises one place to 112th in 2015 Doing Business ranking

World Bank: Egypt rises one place to 112th in 2015 Doing Business ranking

Egypt rose a place in the global rankings, due to improvements in its business environment in 2014, according to a…
PM decides prices for purchasing electricity generated from renewable sources

PM decides prices for purchasing electricity generated from renewable sources

Prime Minister Ibrahim Mehleb issued decision on Tuesday specifying price of purchasing the electricity energy produced from stations using renewable…
Egypt, Gulf steel players unite in face of dumping

Egypt, Gulf steel players unite in face of dumping

Fears of market dumping by Chinese, Turkish and Ukrainian steel products have dominated the 2014 Arab Steel Summit currently held…
Arab Investors Conference for Egypt to be held in Cairo in November

Arab Investors Conference for Egypt to be held in Cairo in November

The Federation of Egyptian Chambers of Commerce is preparing for the 16th Conference of Arab Investors on November 23rd and 24th,…
BG posts bigger-than-expected fall in profit as Egyptian output halved

BG posts bigger-than-expected fall in profit as Egyptian output halved

Britain's third-biggest energy company BG Group reported a worse-than-expected 26 percent fall in third-quarter operating profit on the back of…
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