Business
Telecommunications Minister: Telecom Egypt mobile license in best interest of sector
October 16, 2014
Telecommunications Minister: Telecom Egypt mobile license in best interest of sector
Fierce attacks have been made by the privately-owned mobile carriers against the state-owned Telecom Egypt, after beginning measures to receive…
CAPMAS: Poverty in Egypt increases to 26.3% in 2012/2013
October 16, 2014
CAPMAS: Poverty in Egypt increases to 26.3% in 2012/2013
The number of people living below the poverty line in Egypt increased to 26.3 percent of the population in 2012/2013…
EGX30 drops to lowest level in three months, sheds LE38 billion in a week
October 16, 2014
EGX30 drops to lowest level in three months, sheds LE38 billion in a week
The Egyptian stock exchange has dropped to its lowest level in three months, with EGX30 falling 10 percent this week…
US health official allowed new Ebola patient on plane with slight fever
October 16, 2014
US health official allowed new Ebola patient on plane with slight fever
A second Texas nurse who has contracted Ebola told a US health official she had a slight fever and was…
Minister: State-owned companies so far valued at LE80 billion
October 16, 2014
Minister: State-owned companies so far valued at LE80 billion
The latest inquiries show the holding companies’ assets for state-owned companies are valued at LE80 billion, according to the recently-formed…
Cabinet signs agreement with steel factories to maintain price levels
October 16, 2014
Cabinet signs agreement with steel factories to maintain price levels
Prime minister Ibrahim Mehleb signed an agreement with steel factories to maintain price levels, after imposing a temporary import tariff…
Govt agrees to buy wheat from farmers for LE420 per ardeb
October 15, 2014
Govt agrees to buy wheat from farmers for LE420 per ardeb
Cabinet has on Wednesday approved the purchase of wheat from farmers next season for LE74.73 per bushel (or LE420 per…
Egypt central bank seen keeping rates on hold as inflation eases
October 15, 2014
Egypt central bank seen keeping rates on hold as inflation eases
Egypt's central bank is expected to keep interest rates on hold on Thursday as inflationary pressure begins to ease after…
Cabinet names Lazard & HAVAS to head Egyptian economic conference
October 15, 2014
Cabinet names Lazard & HAVAS to head Egyptian economic conference
Egypt named Lazard Financial Advisory to head Egypt's upcoming economic conference, set to be held next year in Sharm al-Sheikh,…
EGX30 ends on green, up 0.18% on Wednesday
October 15, 2014
EGX30 ends on green, up 0.18% on Wednesday
The Egyptian stock exchange rebounded on Wednesday backed by the local and Arab institution buying activities. The benchmark index EGX30 rose…