Business

Petrojet wins a US$100 million pipeline contract in Iraq

Petrojet wins a US$100 million pipeline contract in Iraq

Egyptian-owned oil company Petrojet won a tender to design, supply and implement the butane pipeline project from Nasiriyah to Khor…
Stock market earns LE2.4 bn Tuesday

Stock market earns LE2.4 bn Tuesday

Stock indices rose collectively at the end of Tuesday’s trading session with extensive purchases on blue-chip stocks, ignoring the clashes…
Egypt sees wheat self-sufficiency for subsidy program by 2019

Egypt sees wheat self-sufficiency for subsidy program by 2019

Egypt, the world's biggest wheat importer, can achieve self-sufficiency in wheat for its bread subsidy program by 2019 if silo…
Stock market earns LE3 bn Monday

Stock market earns LE3 bn Monday

Stock indices shrugged off investors’ fears of Brotherhood violence on the second anniversary of the Mohamed Mahmoud Street events and…
Stock rises in Sunday trading, shares gain LE2.2 billion

Stock rises in Sunday trading, shares gain LE2.2 billion

Stock indexes ended Sunday’s trading session, the first of the week, with a collective rise, with the support of purchases…
Report: transportation of passengers and goods declines

Report: transportation of passengers and goods declines

 The Information and Decision Support Center of the Council of Ministers showed a decline in railway revenues during January to…
Negotiations for $4 billion Saudi financing package near completion: source

Negotiations for $4 billion Saudi financing package near completion: source

 The Egyptian government is near completing negotiations with the Kingdom of Saudi Arabia on a financing package to support the…
World Bank re-affirms support for Egypt

World Bank re-affirms support for Egypt

World Bank regional vice-president for the Middle East and North Africa, Inger Andersen, has re-affirmed support for Egypt during a…
We provide surplus butane gas each day: Petroleum Authority

We provide surplus butane gas each day: Petroleum Authority

Petroleum Authority deputy chairman Amr Mostafa has said that the authority regularly provides the local market with surplus butane gas,…
Telecom Egypt hopes to win mobile licence this year

Telecom Egypt hopes to win mobile licence this year

Landline monopoly Telecom Egypt is confident the government will grant it a licence to provide mobile services by the end…
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