Business

State will force pricing list if pricing guideline not followed: Supply minister

State will force pricing list if pricing guideline not followed: Supply minister

Minister of Supply and Internal Trade Mohamed Abu Shady threatened that if the new pricing guideline issued earlier by the…
Government cuts commodity prices as part of stimulus plan

Government cuts commodity prices as part of stimulus plan

In light of current high inflation rates, which rose an alarming 0.7 percent, the interim government launched a new price…
Stock market gains LE2.3 billion in Thursday trading

Stock market gains LE2.3 billion in Thursday trading

Stock market indices ended in the green on Thursday, supported by intensive purchases by Arab and Egyptian investors, especially of…
Stock market on middling rise despite $2 billion from Kuwait

Stock market on middling rise despite $2 billion from Kuwait

Egypt's stock market saw a limited decline on Wednesday despite a Kuwaiti deposit of US$2 billion that could push foreign…
Germany eases travel ban to Egypt

Germany eases travel ban to Egypt

Germany has eased its travel ban to Egypt, advising its citizens to exercise caution when traveling to Egypt, particularly in…
Stock market shares gains LE1.9 billion

Stock market shares gains LE1.9 billion

  The stock market's benchmark index EGX-30 rose by 0.59 percent reaching 5680.65 points. The small and medium-sized index EGX70 increased…
Stock market hits highest level in seven months

Stock market hits highest level in seven months

The Egyptian stock exchange continued to gain at the close of Monday’s trading session, supported by purchases of Egyptian investors…
Wheat stocks to reach three million tonnes by October: source

Wheat stocks to reach three million tonnes by October: source

Official sources from Egypt's Agriculture Ministry said wheat stocks now stand at more than 2,562,000 tonnes with the number expected…
Tourism Minister to ask France, Germany to lift travel bans to Egypt

Tourism Minister to ask France, Germany to lift travel bans to Egypt

Mahfouz Ali, first deputy tourism minister, said Tourism Minister Hesham Zazou will ask Germany and France to lift travel bans…
Low turnout on food supply despite new school year, commerce chambers say

Low turnout on food supply despite new school year, commerce chambers say

Egypt has witnessed a low turnout on food supply in retail chains and cooperatives, despite the beginning of the new…
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