Business

Sukari Gold Mine trial adjourned to May

Sukari Gold Mine trial adjourned to May

The Administrative Court on Tuesday postponed to 22 May the consideration of a lawsuit filed by MP Hamdy al-Fakhrany demanding…
International cooperation minister projects foreign reserves to rise next month

International cooperation minister projects foreign reserves to rise next month

Minister of Planning and International Cooperation Fayza Abouelnaga expects foreign reserves to rise next month with the stabilization of political…
Egypt regulator clears France Telecom’s Mobinil offer

Egypt regulator clears France Telecom’s Mobinil offer

Egypt's financial market regulator EFSA said on Sunday that France Telecom can go ahead with a tender offer for a…
Sources: Govt meeting with Saudi investors to settle investment issues

Sources: Govt meeting with Saudi investors to settle investment issues

The Egyptian government is holding secret meetings with Saudi investors whose businesses were nationalized after the 25 January revolution, sources…
34% decrease in volume of trade between Egypt, US in January 2012

34% decrease in volume of trade between Egypt, US in January 2012

Ezz Eddin Ashraf, Egyptian envoy to the United States, said that the volume of trade between Egypt and the US…
IMF head Lagarde: IMF loan for Egypt won’t be enough

IMF head Lagarde: IMF loan for Egypt won’t be enough

WASHINGTON, D.C. — Egypt's request for a US$3.2 billion IMF loan will not be enough to meet the country's financial…
Egypt sees Saudi financial help by end April

Egypt sees Saudi financial help by end April

Saudi Arabia will deposit US$1 billion at the Egyptian central bank and buy T-bonds worth $750 million by the end…
EGPC delays naphtha shipments after fire at refinery

EGPC delays naphtha shipments after fire at refinery

Egyptian General Petroleum Corporation (EGPC) has delayed naphtha shipments for April after a fire at its 146,300 barrels-per-day Nasr refinery…
Amid looming France Telecom buyout, stock exchange suspends trading of Mobinil and OTMT shares

Amid looming France Telecom buyout, stock exchange suspends trading of Mobinil and OTMT shares

The Egyptian Stock Exchange has suspended trading of shares of mobile operator Mobinil and Orascom Telecom Media and Technology (OTMT)…
Industrial deal focus of Israeli talks in Cairo, Amman

Industrial deal focus of Israeli talks in Cairo, Amman

A delegation from the Israeli Foreign Ministry traveled to Amman on Wednesday following a one-day visit to Cairo, where they…
Back to top button