Business

UAE’s Dana Gas wins gas exploration deals in Egypt

UAE’s Dana Gas wins gas exploration deals in Egypt

United Arab Emirates energy firm Dana Gas said on Monday that it had been awarded exploration deals for two onshore…
New factory could allow Egypt to start exporting petrochemicals to Europe

New factory could allow Egypt to start exporting petrochemicals to Europe

A new state-owned ethylene factory due to start production in Alexandria next year could save Egypt about $500 million on…
Stock market falls on Sunday

Stock market falls on Sunday

The main EGX 30 index of the Egyptian Stock Exchange fell by 0.97 percent at the end of Sunday’s trading,…
CAPMAS: Incoming tourists to Egypt decline by 25.4 percent in 2014

CAPMAS: Incoming tourists to Egypt decline by 25.4 percent in 2014

Central Agency for Public Mobilization and Statistics (CAPMAS) has released a report showing a decline in number of incoming tourists…
Egypt records $1.5 billion surplus in balance of payments in 2013/2014

Egypt records $1.5 billion surplus in balance of payments in 2013/2014

Egypt's balance of payments recorded an overall surplus of some US$1.5 billion in 2013/2014, against $237 million a year earlier,…
Stock market loses LE317 million on Thursday

Stock market loses LE317 million on Thursday

Stock market’s main EGX30 index declined on Thursday by 0.22 percent to close at 9,697 points, affected by Egyptians and…
Eni awarded 3 new exploration licenses in Egypt

Eni awarded 3 new exploration licenses in Egypt

Italian oil major Eni said on Thursday it had been awarded three new exploration licenses in Egypt as it grows…
CAPMAS: Total cultivated area in 2013 was 8.8 million acres

CAPMAS: Total cultivated area in 2013 was 8.8 million acres

The statistical yearbook of the Central Agency for Public Mobilization and Statistics (CAPMAS) said the total cultivated area in Egypt…
CAPMAS: Egypt’s tourism grows by nearly 16% in July

CAPMAS: Egypt’s tourism grows by nearly 16% in July

Egypt's tourist numbers grew by 15.8 percent this July compared to last, according to the latest report from Central Agency…
Stock market loses LE1.2 bn

Stock market loses LE1.2 bn

Egyptian stock indices fell collectively at the end of Wednesday’s trading.
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