Business
US$45 ml from Italy to build grain silos
June 30, 2014
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
June 29, 2014
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
June 27, 2014
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
June 26, 2014
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
June 26, 2014
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
June 25, 2014
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
June 25, 2014
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
June 25, 2014
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
June 24, 2014
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…