Business
Euromoney says conference in Egypt to be held on time
September 4, 2013
Euromoney says conference in Egypt to be held on time
Euromoney’s Egypt annual conference will take place 24 to 25 September to assess Egypt’s current economic situation, the organization said. The…
Telecom Egypt will launch a mobile network
September 4, 2013
Telecom Egypt will launch a mobile network
Telecom Egypt CEO Mohamed al-Nawawy announced Wednesday the company will be expanding into the mobile network industry, launching a fourth…
UAE funds new solar power station in Siwa
September 4, 2013
UAE funds new solar power station in Siwa
A solar power plant projected to produce 20 megawatts of electricity will be funded with LE1 million Emirati fund to…
CBE grants exceptional tender to cover strategic goods
September 4, 2013
CBE grants exceptional tender to cover strategic goods
Central Bank of Egypt (CBE) announced granting non-periodic tender of US$1.3 billion to cover the importing of strategic goods. In a…
The Return Of Egypt’s Elite
September 4, 2013
The Return Of Egypt’s Elite
Those who were punished under Mohammed Morsy are getting their own back.The chief executive of Egypt’s biggest construction company, Orascom…
Stock market continues to decline, loses LE1.6 bn
September 3, 2013
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
September 3, 2013
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
September 3, 2013
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
September 2, 2013
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…