Business
Report: transportation of passengers and goods declines
November 17, 2013
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
November 17, 2013
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
November 14, 2013
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
November 14, 2013
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
November 13, 2013
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…
Sovereign entities track Brotherhood investments
November 13, 2013
Sovereign entities track Brotherhood investments
Sovereign entities are investigating investments belonging to Muslim Brotherhood-linked businessmen, according to a senior government official. Entities have requested information from…
Luxor to host Euromoney conference next April
November 12, 2013
Luxor to host Euromoney conference next April
Luxor is hosting the Euromoney conference next April, governor Tarek Saad Eddin announced on Tuesday. The conference has just completed its…
Stock indexes not affected by protests: stock market head
November 12, 2013
Stock indexes not affected by protests: stock market head
The stock performance on Tuesday was not affected by political movements' calls for demonstrations in front of the Cairo Stock…
IMF says still ready to aid Egypt when needed
November 12, 2013
IMF says still ready to aid Egypt when needed
The International Monetary Fund remains ready to provide aid to Egypt when Cairo requests it, a senior IMF official said…