Business
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…
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…