Business
CAPMAS: Inflation reaches 11.4 percent in August
September 10, 2014
CAPMAS: Inflation reaches 11.4 percent in August
The Central Agency for Public Mobilization and Statistics (CAPMAS) has declared an increase in the annual inflation up to 11.4…
Egyptian exports to England increase by 46 percent
September 10, 2014
Egyptian exports to England increase by 46 percent
The volume of Egyptian exports to England increased by 46 percent during the first quarter of 2014, compared to the…
Minister: 15 agreements on gas, oil exploration to be signed in days
September 9, 2014
Minister: 15 agreements on gas, oil exploration to be signed in days
Minister of Petroleum Sherif Ismail said 15 agreements on oil and natural gas exploration will be signed in the upcoming days,…
Transport Minister: Railway Authority loses LE1.8 billion a year
September 9, 2014
Transport Minister: Railway Authority loses LE1.8 billion a year
Transport Minister Hani Dahi said on Tuesday that the Railway Authority loses LE1.8 billion every year. “There are 65,000 workers…
Minister: 24.88 percent rise in non-oil exports
September 9, 2014
Minister: 24.88 percent rise in non-oil exports
Minister of Industry and Trade Mounir Fakhry Abdel Nour announced that Egyptian exports of non-petroleum products have increased over last…
Stock market loses LE2.2 bn
September 8, 2014
Stock market loses LE2.2 bn
Stock indices recorded collective declines at the end of Monday’s trading, affected by the selling of Arab funds and corporations…
20 percent increase in container traffic in 2014
September 8, 2014
20 percent increase in container traffic in 2014
An official report has monitored a 20 percent increase in the container traffic of Egyptian ports in 2014 compared to…
Finance Ministry seeks 9 percent deficit by 2017
September 8, 2014
Finance Ministry seeks 9 percent deficit by 2017
Finance Minister Hani Qadri has said that the government hopes to reduce the budget deficit and debt to around 9.5…
US dollar prices down as turnout for Suez Canal certificates soars
September 8, 2014
US dollar prices down as turnout for Suez Canal certificates soars
Egyptian officials are noting a downtrend in the demand for the US dollar, as well as its price, as result…
Stock market gains LE1.2 billion
September 7, 2014
Stock market gains LE1.2 billion
Egypt’s stock market closed on a high note on Sunday prompted by intensive buying from foreign investors.EGX30, the main index,…