Business

Stock exchange rallies, jumps 2.1%

Stock exchange rallies, jumps 2.1%

The Egyptian Stock Exchange on Tuesday rose following two consecutive days of losses, with renewed buying appetites on the part…
CAO sums up govt economic performance (Part II)

CAO sums up govt economic performance (Part II)

In a statement before parliament on Sunday, Gawdat el-Malt, head of the state-run Central Auditing Organization (CAO), discussed the government's…
GPA boasts LE18.6 billion surplus last year

GPA boasts LE18.6 billion surplus last year

The state-run General Petroleum Authority (GPA) accounted for 55.3 percent of the total financial surplus achieved by all economy-related government…
CAO sums up govt economic performance (Part I)

CAO sums up govt economic performance (Part I)

In a statement before parliament Sunday, Gawdat el-Malt, head of the state-run Central Auditing Organization (CAO), discussed the government's performance…
Aviation minister stops additional flights to Medina

Aviation minister stops additional flights to Medina

An ongoing crisis between aviation authorities in Egypt and Saudi Arabia has escalated after the Saudi authority pressured Egypt to…
Foreigners falsify land ownership in Sinai

Foreigners falsify land ownership in Sinai

Foreigners have forged their ownership of 100 housing units in Coral Beach Resort in Sharm el-Sheikh, according to Assistant Justice…
Egypt parliament clashes over end of year economy results

Egypt parliament clashes over end of year economy results

The People's Assembly saw a confrontation yesterday between Gawdat el-Malt, head of the Central Auditing Organization (CAO) and Ahmed Ezz,…
Rachid: Nothing wrong with importing energy

Rachid: Nothing wrong with importing energy

Minister of Industry and Trade Rachid Mohamed Rachid said the government seeks to raise industrial growth by ten percent which…
Textiles companies warn of closures without bailout

Textiles companies warn of closures without bailout

At a meeting of the Egyptian Chamber of Textiles Manufacturers on Thursday, local textiles companies threatened to close down due…
Ezz Steel sets per-ton prices for March

Ezz Steel sets per-ton prices for March

Local steel giant Ezz Steel announced fixed retail prices of LE3470 per ton for the month of March. "We have…
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