Business

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…
Sovereign entities track Brotherhood investments

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

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

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

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…
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