Business
Planning minister says investment plan targets 4% growth rate next fiscal year
January 19, 2014
Planning minister says investment plan targets 4% growth rate next fiscal year
Planning Minister Ashraf al-Araby said the investment plan for the 2014-2015 fiscal year is still under consideration but revealed that it would…
Central Bank says Egypt’s economy ‘sluggish’ amid political unrest
January 17, 2014
Central Bank says Egypt’s economy ‘sluggish’ amid political unrest
Egypt’s GDP growth rate continued to slow down in the first quarter of the 2013/2014 fiscal year to stand at…
Supply Commodities authority offers bid to buy wheat
January 16, 2014
Supply Commodities authority offers bid to buy wheat
The General Authority For Supply Commodities (GASC) has offered tender over buying unlimited amount of wheat from international exporters to…
Stock market earns LE5 bn
January 12, 2014
Stock market earns LE5 bn
Stock indices experienced a record rise on Sunday, apparently amid strong confidence in the country’s future.
Production of 700 medicines suspended due to losses
January 12, 2014
Production of 700 medicines suspended due to losses
Awad Gabr, chairman of the Export Council of Medical Industries warned Sunday of shortage in a large number of medicines…
Cabinet to buy 55,000 tons of wheat from US
January 12, 2014
Cabinet to buy 55,000 tons of wheat from US
Supply Commodities Authority contracted the Ministry of Supply and Internal Trade to buy 55,000 tons of US wheat for the…
UAE plans more charge-free butane shipments to Egypt
January 10, 2014
UAE plans more charge-free butane shipments to Egypt
The United Arab Emirates plans to send two new charge-free butane gas shipments in the next few days to Egypt…
EgyptAir losses drop in 2012-2013
January 10, 2014
EgyptAir losses drop in 2012-2013
EgyptAir has seen fewer losses during the period 2012-2013, according to a government statement. “The company and subsidiaries recorded losses worth…
Finance Ministry: Cabinet borrows LE17.5 billion from banks this week
January 9, 2014
Finance Ministry: Cabinet borrows LE17.5 billion from banks this week
The Ministry of Finance said that the Cabinet borrowed LE17.5 billion from banks this week through bonds and treasury bills.According…
Custom duties on cars hit US$1 million in 11 months
January 8, 2014
Custom duties on cars hit US$1 million in 11 months
The Customs Department announced on Wednesday that 104,800 cars have been imported from January to November of last year, with…