Business
Rebar price expected to decrease, as Turkish product importing resumes
November 21, 2013
Rebar price expected to decrease, as Turkish product importing resumes
Traders and importers are expecting a decline in prices of steel reinforcement-bar and stability in the market within two weeks,…
No stability, no investment in Egypt: Saudi Hotel Company
November 21, 2013
No stability, no investment in Egypt: Saudi Hotel Company
Saudi-owned Anjum Hotels has deferred investment of about 10 billion Saudi riyals (US$2.67 billion) in Egypt until stability is achieved…
Minister predicts tourism slowdown by end of 2013
November 21, 2013
Minister predicts tourism slowdown by end of 2013
Tourism Minister Hisham Zaazou has predicted tourism revenues will drop by the end of 2013 despite "efforts being exerted by…
Petrojet wins a US$100 million pipeline contract in Iraq
November 19, 2013
Petrojet wins a US$100 million pipeline contract in Iraq
Egyptian-owned oil company Petrojet won a tender to design, supply and implement the butane pipeline project from Nasiriyah to Khor…
Stock market earns LE2.4 bn Tuesday
November 19, 2013
Stock market earns LE2.4 bn Tuesday
Stock indices rose collectively at the end of Tuesday’s trading session with extensive purchases on blue-chip stocks, ignoring the clashes…
Egypt sees wheat self-sufficiency for subsidy program by 2019
November 19, 2013
Egypt sees wheat self-sufficiency for subsidy program by 2019
Egypt, the world's biggest wheat importer, can achieve self-sufficiency in wheat for its bread subsidy program by 2019 if silo…
Stock market earns LE3 bn Monday
November 18, 2013
Stock market earns LE3 bn Monday
Stock indices shrugged off investors’ fears of Brotherhood violence on the second anniversary of the Mohamed Mahmoud Street events and…
Stock rises in Sunday trading, shares gain LE2.2 billion
November 17, 2013
Stock rises in Sunday trading, shares gain LE2.2 billion
Stock indexes ended Sunday’s trading session, the first of the week, with a collective rise, with the support of purchases…
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…