Business
CAPMAS: Number of tourists decline by 21.9 percent in April
June 12, 2014
CAPMAS: Number of tourists decline by 21.9 percent in April
Central Agency for Public Mobilization and Statistics (CAPMAS) has indicated a decline in the number of inbound tourists in April…
Stock market breaks 8,700-point barrier backed by Morgan Stanley
June 11, 2014
Stock market breaks 8,700-point barrier backed by Morgan Stanley
Major stock indices rose at the end of Wednesday’s trading session and the capital market earned more than LE5 billion,…
Profit earning pushes stock indices down
June 10, 2014
Profit earning pushes stock indices down
Profit earning pushed stock indices down toward the end of Tuesday’s trading session after a strong rise since President Abdel…
Hermes board of directors considers Sawiris’s offer
June 10, 2014
Hermes board of directors considers Sawiris’s offer
The Board of Directors of EFG Hermes Holding S.A.E convened to discuss the voluntary tender offer that has been submitted…
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…