Business
Egypt Suez Canal revenue at $469.7 mn in September
October 27, 2014
Egypt Suez Canal revenue at $469.7 mn in September
Revenues from Egypt's Suez Canal reached $469.7 million in September, down from a record $510 million in August, the state…
IIF predicts Egypt 2015 GDP growth to 3.7%
October 26, 2014
IIF predicts Egypt 2015 GDP growth to 3.7%
The Institute of International Finance (IIF) predicted Egypt’s GDP will rise to 3.7 percent in the coming year, compared to…
EGX30 ends Sunday on red, down 0.25%
October 26, 2014
EGX30 ends Sunday on red, down 0.25%
The Egyptian stock exchange traded in the green throughout the session though it failed to maintain its upward movement and…
Greek diplomat: 100 large Greek companies plan investments in Egypt
October 26, 2014
Greek diplomat: 100 large Greek companies plan investments in Egypt
Economic and Commercial Counselor at the Greek Embassy in Cairo Evangelos Dairetzis revealed that 100 large Greek companies plan to…
Finance Ministry: International oil price decrease will not affect governmental projects
October 26, 2014
Finance Ministry: International oil price decrease will not affect governmental projects
Ayman al-Qaffas, Finance Ministry spokesperson and deputy minister for international affairs, ruled out negative impacts of decrease in oil international…
Government fails to resolve cotton marketing crisis
October 25, 2014
Government fails to resolve cotton marketing crisis
The cotton marketing committee meeting failed on Thursday to resolve the crop marketing issue during the current season or issue…
Finance minister: Egypt considering $1.5 billion foreign bond as it repairs economy
October 24, 2014
Finance minister: Egypt considering $1.5 billion foreign bond as it repairs economy
Egypt could tap international bond markets to raise up to $1.5 billion next year to shore up its finances and…
Telecom Egypt official: Talks about market saturation with mobile services untrue
October 23, 2014
Telecom Egypt official: Talks about market saturation with mobile services untrue
Mohamed al-Nawawy, managing director and executive chief of Telecom Egypt, said the company applied in August 2009 for a mobile…
EGX30 ends Thursday on red down 0.17%, gains LE9.35 billion in a week
October 23, 2014
EGX30 ends Thursday on red down 0.17%, gains LE9.35 billion in a week
The Egyptian stock exchange closed on a negative note with the benchmark index EGX30 slightly decreasing by 0.17 percent to…
CAPMAS: Egypt’s industrial production index up 4.6% in August
October 23, 2014
CAPMAS: Egypt’s industrial production index up 4.6% in August
Egypt's Industrial Production index (without crude oil and petroleum products) increased 4.6 percent in August 2014, compared to July 2014,…