Business
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,…
Govt considers Vodafone share sale to ‘sovereign’ body
October 23, 2014
Govt considers Vodafone share sale to ‘sovereign’ body
The Ministry of Electricity is considering a suggestion to sell state-owned Telecom Egypt’s 45-percent share in Vodafone Egypt to a…
Mehleb: US$12 billion in international arbitration cases against Egypt, our position is ‘weak’
October 23, 2014
Mehleb: US$12 billion in international arbitration cases against Egypt, our position is ‘weak’
Prime Minister Ibrahim Mehleb said Wednesday that the total number of international arbitration cases filed against the government amounted to…
Doma steps down as CEO of OTMT, Sawiris takes charge
October 23, 2014
Doma steps down as CEO of OTMT, Sawiris takes charge
Orascom Telecom Media and Technology Holding announced Thursday that Ahmed Abou Doma has stepped down as a member of the…
BG in talks to import gas to Egypt from Cyprus
October 23, 2014
BG in talks to import gas to Egypt from Cyprus
BG Egypt, a subsidiary of global energy company BG held talks on Tuesday to import natural gas from Cyprus, the…