Business
Egypt relies on Gulf aid for economy: Then what?
November 10, 2013
Egypt relies on Gulf aid for economy: Then what?
Egypt is engaged in a high stakes gamble, using billions of dollars from Gulf Arab allies to stimulate the economy and keep its…
Abu Dhabi bank chief says Egypt must develop base of economy
November 9, 2013
Abu Dhabi bank chief says Egypt must develop base of economy
In order to reach its potential, Egypt must first develop the base of its economy, which currently lacks raw materials…
Egypt signs five new oil excavation deals
November 9, 2013
Egypt signs five new oil excavation deals
Egypt’s Minister of Petroleum Sherif Ismail has signed five new deals for petroleum excavation in West Ghazalat in the Western…
Market capital up LE3 billion
November 7, 2013
Market capital up LE3 billion
Stock indices rose marginally by the end of Thursday’s trading session, as investors took profits made from Wednesday’s strong rise. The…
Tougher punishments introduced for butane gas storehouses: governors
November 7, 2013
Tougher punishments introduced for butane gas storehouses: governors
Egyptian governors will introduce deterrents, including fines and tougher prison sentences, to stop warehouses manipulating the distribution of butane gas. Those…
Is the worst over for Egypt’s economy?
November 6, 2013
Is the worst over for Egypt’s economy?
Could Egypt’s economy be on the road to recovery? Some indicators suggest this might be the case.
Egypt returned Qatari deposit on 1 November: CBE source
November 5, 2013
Egypt returned Qatari deposit on 1 November: CBE source
Egypt returned a US$500 million deposit to Qatar on 1 November, according to an official source at the Central Bank…
Stock market gains LE1 billion on Monday
November 4, 2013
Stock market gains LE1 billion on Monday
Stock indexes went up at the end of Monday trading session, rising with the help of purchases by foreign investors,…
Egypt sees a drop in millionaires during Morsy
November 3, 2013
Egypt sees a drop in millionaires during Morsy
The number of millionaires in Egypt fell by around 3,000 during Morsy’s one-year rule, according to Credit Suisse Research Institute’s…