Business
Budget deficit down 3 percent in 2013-2014
April 30, 2014
Budget deficit down 3 percent in 2013-2014
Egypt’s general budget deficit has dropped to LE145 billion during the first nine months of the 2013-2014 fiscal year, according to…
Cabinet approves development projects
April 29, 2014
Cabinet approves development projects
The Cabinet has on Tuesday approved a draft presidential decree to re-allocate 2744.4 acres of state land in Al-Amal, Ismailia…
Stock market continues to decline
April 29, 2014
Stock market continues to decline
Stock indexes continued to decline by the end of Tuesday's trading session as Arab and foreign investors' purchases failed to…
Supply minister: LE10 billion to buy wheat from local farmers
April 29, 2014
Supply minister: LE10 billion to buy wheat from local farmers
Approximately LE10 billion has been allocated to buy wheat from local farmers and merchants this season, said Supply and Internal…
Budget deficit LE350 bn
April 28, 2014
Budget deficit LE350 bn
Finance Minister Hani Qadri Damian said at a news conference Monday that the next state budget has been prepared without…
Report: Consumer confidence at economic performance declines
April 27, 2014
Report: Consumer confidence at economic performance declines
The general indicator of consumer confidence declined in March, reaching 106.6 points, compared to 107.4 points in February. A report by…
Investment minister announces sugar project in Sharqiya
April 27, 2014
Investment minister announces sugar project in Sharqiya
The Ministry of Commerce, Industry and Investment announced signing an agreement between 13 funding parties and several companies to establish…
Cabinet likely to postpone energy subsidy reduction until after presidential elections
April 27, 2014
Cabinet likely to postpone energy subsidy reduction until after presidential elections
The Cabinet is reconsidering implementing measures to limit energy subsidies on electricity, natural gas, gasoline and diesel oil until after…
Stock market projected to rise with the approach of the presidential elections
April 23, 2014
Stock market projected to rise with the approach of the presidential elections
Money market traders expected new waves of buying with the approach of the presidential elections, portending positive news on the…