Business
EFEC: Furniture exports increased in 6 months
August 31, 2014
EFEC: Furniture exports increased in 6 months
Egyptian furniture exports had reached LE1,000,533 for the first six months of 2014, up until July. Egyptian Furniture Export Council (EFEC)…
Number of tourists fell by 20.5% in June 2014
August 31, 2014
Number of tourists fell by 20.5% in June 2014
The number of tourists coming from different countries fell back by 20.5 percent to reach 786,000 tourists in June 2014…
Authority Chief: Suez Canal revenues to reach US$100 bn before 2023
August 31, 2014
Authority Chief: Suez Canal revenues to reach US$100 bn before 2023
Revenues from the Suez Canal are projected to reach up to US$100 billion before 2023, according to Suez Canal Authority Chief…
Stock indexes rise sharply Thursday
August 28, 2014
Stock indexes rise sharply Thursday
Stock indexes rose sharply Thursday, backed by the purchases of Egyptian investors. The main index EGX30 was up by 0.65 percent by the…
First free trade zone to be established between Egypt, Gulf countries
August 28, 2014
First free trade zone to be established between Egypt, Gulf countries
An informed source from the Trade and Industry Ministry said that an important meeting for ministers of the Economic Group…
UAE to provide Egypt with loan to purchase petroleum products
August 27, 2014
UAE to provide Egypt with loan to purchase petroleum products
Tareq al-Mulla, executive chief of the Egyptian General Petroleum Corporation (EGPC), said the United Arab Emirates agreed to provide Egypt…
Tax Authority Chairman: Late tax dues LE84.5 bn
August 26, 2014
Tax Authority Chairman: Late tax dues LE84.5 bn
Tax Authority Chairman Mostafa Abdel Qader said the economic crisis that followed the 25 January revolution caused an increase in…
Stock market loses LE146 million
August 26, 2014
Stock market loses LE146 million
Stock indices declined collectively on Tuesday, affected by local corporations selling to earn profits, while individual Egyptian, Arab and foreign…
Ministers to inaugurate new land port between Egypt and Sudan on Wednesday
August 26, 2014
Ministers to inaugurate new land port between Egypt and Sudan on Wednesday
Ministers from Egypt and Sudan are inaugurating on Wednesday the new Qostul-Ashkit land port between the two countries, which is…
Mamish: The Suez Canal could raise Egypt’s future world trade income by 22%
August 26, 2014
Mamish: The Suez Canal could raise Egypt’s future world trade income by 22%
Suez Canal Authority Chairman Mohab Mamish said Egypt must take advantage of increased trade with European markets when rising economic…