Business
Minister: Growth rate to reach 5-6 percent in three years
September 16, 2014
Minister: Growth rate to reach 5-6 percent in three years
The growth rate in the 2013-2014 fiscal year will reach two percent, said Finance Ministry Hani Qadri, describing it as low, but…
Minister: Foreign investments could reach US$10 billion in 2014
September 16, 2014
Minister: Foreign investments could reach US$10 billion in 2014
Investment Minister Ashraf Salman has declared expectations to attract foreign investments of US$10 billion this year.Salman said there is a…
Suez Canal certificate sales close at LE61 billion
September 16, 2014
Suez Canal certificate sales close at LE61 billion
New Suez Canal investment certificates sales closed on Monday at 8 pm. Sale proceeds hit LE61 billion by end of the…
Russia’s Gazprom to supply Egypt with liquified natural gas shipments
September 15, 2014
Russia’s Gazprom to supply Egypt with liquified natural gas shipments
Trade and Industry Ministry Mounir Fakhry Abdel Nour announced on Monday that the Russian Gazprom agreed to provide Egypt with…
Stock market earns LE1.7 bn
September 15, 2014
Stock market earns LE1.7 bn
Stock indices rose collectively at the end of Monday’s trading, supported by purchases of Egyptian and Arab investors against sales…
Sharm al-Sheikh hosts first round of free trade talks between Egypt and Russia
September 15, 2014
Sharm al-Sheikh hosts first round of free trade talks between Egypt and Russia
Minister of Industry, Trade and Small and Medium Enterprises Mounir Fakhry Abdel Nour has said the first round of free…
Minister: Egypt tourism could fully recover in 2015
September 15, 2014
Minister: Egypt tourism could fully recover in 2015
Egypt's tourism industry, battered by three years of political upheaval, violence and street protests, could fully recover by the end…
CBE governor expects Suez Canal investment certificates purchasing to reach target in 48 hours
September 15, 2014
CBE governor expects Suez Canal investment certificates purchasing to reach target in 48 hours
Central Bank of Egypt (CBE) Governor Hesham Ramez said the outcome of purchasing the new Suez Canal certificates reached LE9.5…
CAPMAS: Egypt’s trade deficit down 63.5 percent in June 2014
September 14, 2014
CAPMAS: Egypt’s trade deficit down 63.5 percent in June 2014
Egypt's trade balance deficit declined by 63.5 percent in June 2014 compared to the same period last year, according to…
Stock market reduces losses
September 11, 2014
Stock market reduces losses
The stock market has reduced part of its losses on Thursday, the last trading session of the week, as foreign…