Business
Cabinet plans to attract tourists through live online broadcasts
December 12, 2013
Cabinet plans to attract tourists through live online broadcasts
The Ministry of Tourism, in tandem with the Ministry of Communications, announced “Egypt Now,” a new venture aimed at attracting…
Bread and commodity subsidies LE 35 billion: Supply Ministry
December 11, 2013
Bread and commodity subsidies LE 35 billion: Supply Ministry
Supply Minister Mohamed Abu Shady said that subsidies for bread and food commodities amount to more than LE35 billion, all…
Stock market gains LE900 million
December 11, 2013
Stock market gains LE900 million
Egyptian stock indexes increased collectively on Wednesday after purchases by Arabs and Egyptians, in contrast to sales by foreign investors. The…
LE80.3 billion in tax revenues collected in 6 months: tax authority
December 11, 2013
LE80.3 billion in tax revenues collected in 6 months: tax authority
The Egyptian Tax Authority has collected LE80.3 billion in six months since the beginning of the second half of the…
Shares gain LE1.4 billion in middle of trading
December 11, 2013
Shares gain LE1.4 billion in middle of trading
The Egyptian stock indexes rose in the middle of trading on Wednesday with the help of Arab and Egyptian purchases. EGX30…
CBE offers 137th tender of US$40 million for auction
December 11, 2013
CBE offers 137th tender of US$40 million for auction
The Central Bank of Egypt (CBE) granted on Wednesday a tender of US$40 million, offering it up for auction to…
DHAMAN expects Egyptian foreign cash to cover imports in 2014
December 11, 2013
DHAMAN expects Egyptian foreign cash to cover imports in 2014
The Arab Investment & Export Credit Guarantee Corporation (DHAMAN), an autonomous Arab supranational organization, has forecasted Egypt’s GDP growth rate…
Tuesday trading session at stock exchange ends with mixed results
December 10, 2013
Tuesday trading session at stock exchange ends with mixed results
The performance of the Egyptian stock indexes varied at the end of Tuesday's trading session, amid selling by institutions and…
Inflation rate rose by 14.2% compared to 2012: official report
December 10, 2013
Inflation rate rose by 14.2% compared to 2012: official report
The Central Agency for Public Mobilization and Statistics said the inflation rate in November rose by 0.9 percent compared to…
Non-petroleum exports jump 12 percent in 2013
December 10, 2013
Non-petroleum exports jump 12 percent in 2013
Revenue from non-petroleum exports in the January to November period has increased by 12 percent since last year, said Trade…