Business
Bankers: Dirty money report an American scheme to divert attention from roadmap
December 12, 2013
Bankers: Dirty money report an American scheme to divert attention from roadmap
Hossam Nasser, former planning minister advisor, accused the dirty money report as being an American scheme to divert the attention…
Prosecutor listens to testimonies against mobile operators for increasing prices
December 12, 2013
Prosecutor listens to testimonies against mobile operators for increasing prices
The finance and commercial affairs prosecution summoned the Consumer Protection Agency's officials, and the Citizens Against Price Hikes' Association officials,…
Referendum announcement pushes stock indices up
December 12, 2013
Referendum announcement pushes stock indices up
Stock indices rose considerably during Thursday’s trading session. Some credit the rise to Interim President Mansour Adly's declaration about the…
Egypt-Saudi power link-up project signed
December 12, 2013
Egypt-Saudi power link-up project signed
Prime Minister Hazem al-Beblawy attended the signing ceremony of an agreement of the Egyptian-Saudi electricity linkage project Thursday, along with…
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…