Business

Suez Canal revenues up 8 percent in July

Suez Canal revenues up 8 percent in July

The Cabinet Information and Decision Support Center said Suez Canal revenues rose in July by 8.6 percent to US$482.2 million…
Law firm: Egypt must cut red tape to win investors in second Suez canal

Law firm: Egypt must cut red tape to win investors in second Suez canal

Egypt must strip back bureaucracy to attract investment in its planned second Suez canal and bring in new laws making…
Govt to form body for the development and use of new energy

Govt to form body for the development and use of new energy

The Cabinet has on Wednesday passed a draft resolution to form a body for the development and use of new…
Wheat reserves sufficient until mid February

Wheat reserves sufficient until mid February

Egypt has contracted for the purchase of 180,000 tons of French wheat needed for the production of local subsidized bread. The…
Arab network for labor market information

Arab network for labor market information

Minister of Manpower and Immigration Nahed Ashry and Ahmed Luqman, director general of the Arab Labor Organization, on Tuesday launched…
Stock market earns LE3.5 bn

Stock market earns LE3.5 bn

Stock indices went up on Tuesday, supported by purchases of Egyptian and Arab investors and coinciding with the Euromoney conference…
Minister: Growth rate to reach 5-6 percent in three years

Minister: Growth rate to reach 5-6 percent in three years

The growth rate in the 2013-2014 fiscal year will reach two percent, said Finance Ministry Hani Qadri, describing it as low, but…
Minister: Foreign investments could reach US$10 billion in 2014

Minister: Foreign investments could reach US$10 billion in 2014

Investment Minister Ashraf Salman has declared expectations to attract foreign investments of US$10 billion this year.Salman said there is a…
Suez Canal certificate sales close at LE61 billion

Suez Canal certificate sales close at LE61 billion

New Suez Canal investment certificates sales closed on Monday at 8 pm. Sale proceeds hit LE61 billion by end of the…
Russia’s Gazprom to supply Egypt with liquified natural gas shipments

Russia’s Gazprom to supply Egypt with liquified natural gas shipments

Trade and Industry Ministry Mounir Fakhry Abdel Nour announced on Monday that the Russian Gazprom agreed to provide Egypt with…
Back to top button