Business

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…
Stock market in six-year high

Stock market in six-year high

Egypt’s stock market closed on a record high Thursday on the first session following Eid al-Fitr feast.  The six-year high closure…
Egypt to buy 102,000 tons of diesel fuel in September

Egypt to buy 102,000 tons of diesel fuel in September

The General Authority for Supply Commodities plans to purchase 102,000 tons of diesel fuel to be delivered in September.  GASC had…
Spain lifts travel ban on Sharm al-Sheikh

Spain lifts travel ban on Sharm al-Sheikh

The Spanish Foreign Ministry had lifted travel ban to the city of Sharm al-Sheikh, stipulating commitment to reaching the city…
Minister: Citizens will pay 25 piasters for kilo of subsidized sugar

Minister: Citizens will pay 25 piasters for kilo of subsidized sugar

Citizens will bear only 25 piasters of the actual cost of the kilo of subsidized sugar, said the Minister of…
International bidders compete for manufacture of 700 train cars

International bidders compete for manufacture of 700 train cars

Transport Minister Hany Dahy said Friday that international companies are vying to win a deal with the Egyptian side for…
Offshore platform to produce 150 million cubic feet of gas per day by 2016

Offshore platform to produce 150 million cubic feet of gas per day by 2016

The Petroleum Ministry said on Tuesday that the Italian company Edison began a new project in Egypt to produce natural…
Official: Suez Canal revenues up by US$136 million

Official: Suez Canal revenues up by US$136 million

An official source at the Suez Canal Authority said Monday that the revenues of the Suez Canal during the first…
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