Business

US$45 ml from Italy to build grain silos

US$45 ml from Italy to build grain silos

Minister of Supply and Internal Trade Khaled Hanafy met on Monday with Maurizio Massari, the Italian ambassador in Cairo, to…
Slight decline in main stock index due to year end settlement

Slight decline in main stock index due to year end settlement

The main stock index saw a slight decline, which speculators attributed to the end of the year settlement. The EGX30 index…
Egypt sets conditions for gas imports from Israel

Egypt sets conditions for gas imports from Israel

Egypt has said it conditionally agrees to import natural gas from Israel as the country is struggling with an energy…
Slight rise in the stock indices, earn LE1.1 bn

Slight rise in the stock indices, earn LE1.1 bn

Stock indices went up as Arab and foreign investors bought and Egyptian investors preferred to sell because budgets of investment…
Deficit reduced in draft state budget

Deficit reduced in draft state budget

A high-level government official said the budget deficit has been reduced for the second time in the new draft budget…
Labor Union Member: Minimum wage an illusion

Labor Union Member: Minimum wage an illusion

Kamal Abbas, member of the Labor Union and the National Council for Human Rights, said workers found out that the…
Stock market continues to lose LE4.8 bn

Stock market continues to lose LE4.8 bn

Stock indices dropped collectively on Wednesday, which experts attributed to a state of uncertainty after President Abdel Fattah al-Sisi declined…
Egypt allocates US$50 million to attract tourists

Egypt allocates US$50 million to attract tourists

Egypt has allocated US$50 million to promote Egyptian tourism abroad, according to an official from Tourism Ministry. The official told Anadolu…
Stock Exchange ignores Sisi’s speech, loses LE4.8 bn

Stock Exchange ignores Sisi’s speech, loses LE4.8 bn

Despite the speech of President Abdel Fattah al-Sisi, when he donated half his fortune and his salary and rejected the…
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