Business
Stock market continues to rise, earns LE600 million
March 17, 2014
Stock market continues to rise, earns LE600 million
Stock indices rose collectively at the end of Monday’s trading session, supported by Arab and foreign investors' purchases against sales…
Power supply 3,000 megawatts short
March 17, 2014
Power supply 3,000 megawatts short
Power cuts have increased in Cairo and other governorates due to a shortage of 3000 megawatts in electricity generation capacity. The…
CAPMAS: Inbound tourists to Egypt decline by 28.9% in 2014
March 17, 2014
CAPMAS: Inbound tourists to Egypt decline by 28.9% in 2014
Central Agency for Public Mobilization and Statistics (CAPMAS) has indicated a decline in the number of inbound tourists in January…
Egypt to take part in China’s COTTM in April
March 13, 2014
Egypt to take part in China’s COTTM in April
Egypt will take part in China Outbound Travel and Tourism Market (COTTM), which will last from 9 to 11 April,…
Telecom Egypt sees 2013 revenues increase 11%
March 12, 2014
Telecom Egypt sees 2013 revenues increase 11%
Telecom Egypt released FY2013 financial statements according to EAS. Revenue for 4Q2013 was recorded at LE2.8 billion, up 12 percent…
Abdeen court drops charges against Juhayna chairman
March 12, 2014
Abdeen court drops charges against Juhayna chairman
Abdeen Court dropped charges against Juhayna chairman Safwan Thabet due a lack of evidence of violations of technical standards required…
Infrastructure incentive package doubled to LE60 bn
March 11, 2014
Infrastructure incentive package doubled to LE60 bn
Minister of Commerce, Industry and Investment Mounir Fakhri Abdel Nour told the Swiss Egyptian Businessmen Association on Tuesday that the…
Dispute between Petroleum Authority and Kuwait Gas and Oil settled ‘amicably’
March 11, 2014
Dispute between Petroleum Authority and Kuwait Gas and Oil settled ‘amicably’
Minister of Petroleum and Mineral Resources Sherif Ismail said on Tuesday that the Petroleum Authority reached an amicable settlement in…
EFG-Hermes showcases local projects to global funds
March 11, 2014
EFG-Hermes showcases local projects to global funds
The 10th Annual EFG Hermes One-on-One, the largest MENA-dedicated investment conference held globally with investors controlling some US$7 trillion, will…
Cement plants to start using coal September 2014
March 11, 2014
Cement plants to start using coal September 2014
The cabinet has directed the Ministry of Trade, Industry and Investment to study the use of coal in cement plants,…