Business
CAPMAS: Monthly inflation rate fell by 0.9% compared to April 2014
June 10, 2014
CAPMAS: Monthly inflation rate fell by 0.9% compared to April 2014
The Central Agency for Public Mobilization and Statistics announced Tuesday that the monthly inflation rate fell by 0.9 percent compared…
Investments in insurance raised by 9.2%
June 9, 2014
Investments in insurance raised by 9.2%
Mohamed Moeit, deputy chairman of the Financial Supervisory Authority, said the insurance sector has achieved growth from 30 June 2013 to…
Capital market earns LE3.6 bn
June 9, 2014
Capital market earns LE3.6 bn
Stock indices rose collectively, support by purchases of foreign and Egyptian investors.
Cabinet sources: Plan to cut subsidies delayed upon security authorities recommendations
June 8, 2014
Cabinet sources: Plan to cut subsidies delayed upon security authorities recommendations
The government has delayed raising the prices of fuel for further study and in order to choose the right timing…
Egypt self-sufficient in production of eggs
June 6, 2014
Egypt self-sufficient in production of eggs
Minister of Agriculture and Land Reclamation Ayman Farid Abu Hadid said Egypt has reached self-sufficiency in the production of eggs…
Govt mulls tobacco tax, Economic Group requests postponement
June 5, 2014
Govt mulls tobacco tax, Economic Group requests postponement
An official source speaking on condition of anonymity, said the government is considering a new tax on all kinds of…
Stock market earns LE16 bn as Sawiris and Beltone offer to buy 20% of Hermes
June 5, 2014
Stock market earns LE16 bn as Sawiris and Beltone offer to buy 20% of Hermes
Stock indices hit a record rise at the end of Thursday’s session when New Egypt Investment, a company owned by…
Cash reserves down 1.1 percent in May
June 5, 2014
Cash reserves down 1.1 percent in May
On Thursday, Egypt's central bank announced a 1.1 percent drop in net cash reserves.
Stock market earns LE6.3 bn
June 4, 2014
Stock market earns LE6.3 bn
Stock indices earned solid gains at the end of Wednesday’s trading, backed with purchases of institutions and investment funds against…
Dollar declines on black market
June 4, 2014
Dollar declines on black market
Banking sources have revealed that people saving dollars have begun to get rid of them in the past few days…