Business

Stock market continues to decline, loses LE1.6 bn

Stock market continues to decline, loses LE1.6 bn

The stock market today in Cairo continued to fall today as market capital lost LE1.6 billion, closing at LE352.1 billion. Traders…
Electricity Ministry appeals to citizens to continue paying bills

Electricity Ministry appeals to citizens to continue paying bills

Egypt's Electricity Ministry has called on citizens to pay their bills. The ministry also said it is coordinating with the Petroleum…
Official: UAE will send fuel to Egypt

Official: UAE will send fuel to Egypt

Tareq al-Mulla, Chairman of the General Petroleum Authority, said Monday the United Arab Emirates (UAE) has agreed with the Ministry…
Stock market loses LE2.4 billion on Monday

Stock market loses LE2.4 billion on Monday

Stock indices fell at the end of Monday’s trading session despite the aid package of the Gulf countries, with Arab…
Egyptian companies freeze investments in Syria

Egyptian companies freeze investments in Syria

Egyptian officials said a number of Egyptian companies have frozen investments and activities in Syria due to the deteriorating security…
Number of foreign workers in Egypt declining

Number of foreign workers in Egypt declining

The total number of foreigners working in the private sector and investment in Egypt has declined during 2012 to reach…
$2 billion UAE aid package to Egypt by the end of Crown Prince visit

$2 billion UAE aid package to Egypt by the end of Crown Prince visit

The Crown Prince of Abu Dhabi and Defense Minister Mohammed bin Zayed Al Nahyan has held a series of meetings…
Market capitalization up by LE1.4 billion Sunday

Market capitalization up by LE1.4 billion Sunday

The Egyptian stock indexes rose by the end of Sunday backed by purchases by Arab and Egyptian investors. The market capitalization…
Grocers protest shortage in supply commodities

Grocers protest shortage in supply commodities

Dozens of subsidized supply goods distributors staged a protest on Sunday outside the Food Industries Holding Company over the delivery…
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