Business

Electricity Ministry signs LE310 million contract for power project

Electricity Ministry signs LE310 million contract for power project

The Ministry of Electricity and Renewable Energy has signed a LE310 million ($43.4 million) contract to develop Helwan's power plant, according…
Monthly inflation rate highest since 2008

Monthly inflation rate highest since 2008

The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the monthly rate of inflation in July reached 3.3…
Egypt Internet users reach 44.5 million in May

Egypt Internet users reach 44.5 million in May

The number of Internet users in Egypt reached 44.5 million in June 2014, up 33.82 percent from a year ago,…
Egypt to build LE80 billion Airport City

Egypt to build LE80 billion Airport City

Egypt's aviation authorities are planning a LE80 billion airport city around Cairo International Airport that would serve as an investment…
Stock market continues to rise, earns LE3.2 bn

Stock market continues to rise, earns LE3.2 bn

The Egyptian Stock Exchange continued to make gains on Thursday, supported by intensive buying on the part of corporations and…
Energy expert: Egypt on verge of humanitarian crisis

Energy expert: Egypt on verge of humanitarian crisis

A British energy expert has warned that Egypt is facing a humanitarian crisis that is fueled by energy problems. In an…
Stock market makes collective gains Wednesday

Stock market makes collective gains Wednesday

Egyptian stock indexes rose collectively during Wednesday’s trading session, supported by purchases from corporations and foreign investment funds. 
Stock market earns LE4.5 bn

Stock market earns LE4.5 bn

The Egyptian Stock Exchange continued to rise on Monday and the market capitalization earned LE4.5 billion.  The main EGX30 index went…
Main stock index falls by 0.27%

Main stock index falls by 0.27%

Stock indices fell on Sunday due to profit earnings by corporations in the housing sector, while the shipping and textile…
Campaign in Europe to promote tourism

Campaign in Europe to promote tourism

Tourism Ministry Undersecretary Ahmed Shoukry said that Egypt is launching a promotional campaign mid-August until the end of December in…
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