Business
Stock market indices rise by trading’s close
November 3, 2013
Stock market indices rise by trading’s close
Egyptian stock market indices rose collectively by the close of Sunday trading. The stock market's benchmark EGX30 index rose by 0.08…
Government mulls raising income tax bracket by 30%
November 1, 2013
Government mulls raising income tax bracket by 30%
A senior official of the Finance Ministry has said that the government is considering increasing taxes on annual incomes of…
Cabinet plans to improve telecommunications services in Sinai
October 31, 2013
Cabinet plans to improve telecommunications services in Sinai
Egypt's Cabinet is overseeing an overhaul of telecommunications services in the Sinai Peninsula.The Ministry of Communications and the National Telecommunications…
Arab and foreign investors purchases pushes stock market upward
October 30, 2013
Arab and foreign investors purchases pushes stock market upward
Stock indexes rose collectively by the end of the Wednesday trading session, as a result of increasing purchases by foreign…
National economic census starts Saturday
October 30, 2013
National economic census starts Saturday
Central Agency for Public Mobilization and Statistics (CAPMAS) Chief Abu Bakr al-Guindy, said the national economic census fieldwork will start…
Profit-earning costs stock market LE6.1 billion in losses
October 28, 2013
Profit-earning costs stock market LE6.1 billion in losses
Stock indices fell collectively by the end of Monday’s trading session due to profit-earning operations by Egyptian investors against purchases…
Mobinil loses LE403 mil third quarter 2013
October 28, 2013
Mobinil loses LE403 mil third quarter 2013
Mobinil incurred losses for the second year in a row. This year’s third quarter the mobile phone service provider lost…
Stock market gains LE1.8 billion
October 27, 2013
Stock market gains LE1.8 billion
Stock indices rose collectively by the end of Sunday’s trading session, supported by Arab and foreign purchases against Egyptian sales. The…
Arab aid to Egypt will not last long, UAE minister warns
October 27, 2013
Arab aid to Egypt will not last long, UAE minister warns
United Arab Emirates (UAE) Minister of Presidential Affairs Mansour bin Zayed Al Nahyan has said that Arab aid to Egypt…
Fund will support health, education and infrastructure in Egypt
October 26, 2013
Fund will support health, education and infrastructure in Egypt
The Support Egypt Fund has decided to establish a charity worth LE1.5 billion to support health, education and infrastructure in…