Business

Stock market makes highest gains since 2008

Stock market makes highest gains since 2008

The Egyptian Stock Exchange made Tuesday its highest gains since mid-July 2008 backed by the progress of the indicators of…
Government to receive more than LE80 bn in loans from local banks

Government to receive more than LE80 bn in loans from local banks

The government will seek US$11.2 billion in loans during this month after expectations that fuel price hikes are to increase…
Stock indexes rise Sunday

Stock indexes rise Sunday

Egyptian stock indices recorded a relative increase at the end of Monday session kicking off the week's trading, supported by…
EFEC: Furniture exports increased in 6 months

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

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

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

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

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

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

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…
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