Business
Standard & Poor’s delegation in Egypt to assess political environment
October 30, 2014
Standard & Poor’s delegation in Egypt to assess political environment
A Standard & Poor's Ratings Services delegation arrived on Wednesday to conduct several interviews as part of preparing Egypt’s classification…
EFG Hermes expects lower oil prices as positive news for Egypt
October 29, 2014
EFG Hermes expects lower oil prices as positive news for Egypt
EFG-Hermes expected lower oil prices as clearly positive news for oil-importing MENA.
Egypt’s stocks rise 2.4% on Wednesday, gain LE5.7 billion
October 29, 2014
Egypt’s stocks rise 2.4% on Wednesday, gain LE5.7 billion
The Egyptian stock exchange made remarkable gains in Wednesday’s session backed by Foreign and Arabs institutions’ buying. The EGX30 index soared…
World Bank: Egypt rises one place to 112th in 2015 Doing Business ranking
October 29, 2014
World Bank: Egypt rises one place to 112th in 2015 Doing Business ranking
Egypt rose a place in the global rankings, due to improvements in its business environment in 2014, according to a…
PM decides prices for purchasing electricity generated from renewable sources
October 29, 2014
PM decides prices for purchasing electricity generated from renewable sources
Prime Minister Ibrahim Mehleb issued decision on Tuesday specifying price of purchasing the electricity energy produced from stations using renewable…
Egypt, Gulf steel players unite in face of dumping
October 29, 2014
Egypt, Gulf steel players unite in face of dumping
Fears of market dumping by Chinese, Turkish and Ukrainian steel products have dominated the 2014 Arab Steel Summit currently held…
Arab Investors Conference for Egypt to be held in Cairo in November
October 29, 2014
Arab Investors Conference for Egypt to be held in Cairo in November
The Federation of Egyptian Chambers of Commerce is preparing for the 16th Conference of Arab Investors on November 23rd and 24th,…
BG posts bigger-than-expected fall in profit as Egyptian output halved
October 28, 2014
BG posts bigger-than-expected fall in profit as Egyptian output halved
Britain's third-biggest energy company BG Group reported a worse-than-expected 26 percent fall in third-quarter operating profit on the back of…
Twitter users and engagement disappoint, shares dive
October 28, 2014
Twitter users and engagement disappoint, shares dive
Twitter Inc posted a disappointing 7 percent slide in a closely watched measure of engagement even though its user base…
MF cuts Egypt’s growth forecast to 3.5% in 2014/15
October 28, 2014
MF cuts Egypt’s growth forecast to 3.5% in 2014/15
The International Monetary Fund (IMF) has cut Egypt's growth forecast to 3.5 percent in fiscal year 2014/15 down from 4.1…