Egypt
Egypt’s market loses LE9.1 bn on Tuesday, EGX30 falls 3.4 %
September 8, 2015
Egypt’s market loses LE9.1 bn on Tuesday, EGX30 falls 3.4 %
Egypt's market incurred heavy losses during Tuesday's session, as the benchmark EGX30 index plunged 3.38 percent to 6,921.77 points, with…
Solidarity Movement to hold press conference on Civil Service law Tuesday
September 8, 2015
Solidarity Movement to hold press conference on Civil Service law Tuesday
The Solidarity Movement, which represents over 30 trade unions, will hold a press conference Tuesday to announce the final preparations…
Wednesday forecast: High temperatures, humidity in Cairo
September 8, 2015
Wednesday forecast: High temperatures, humidity in Cairo
The Egyptian Meteorology Authority is predicting humid weather in Cairo, slightly hot temperatures on the northern coast and high heat…
Sawiris offered a Maldive island following refugee shelter pledge
September 8, 2015
Sawiris offered a Maldive island following refugee shelter pledge
A businessman from the Maldives has offered his family’s island to Egyptian billionaire Naguib Sawiris, who declared last week he…
Economic ministerial group considers devaluation of Egyptian pound: Minister
September 8, 2015
Economic ministerial group considers devaluation of Egyptian pound: Minister
Investment Minister Ashraf Salman announced that the ministerial economic group is seriously considering the devaluation of the Egyptian pound in…
NCHR member calls for anti-corruption commission
September 8, 2015
NCHR member calls for anti-corruption commission
Nasser Amin, member of the National Council for Human Rights (NCHR), said in a statement on Tuesday that freedom of…
Nasr Coke Company workers go on strike
September 8, 2015
Nasr Coke Company workers go on strike
Nasr Coke Company workers went on strike and staged an open-ended sit-in at the company's headquarters in Helwan on Tuesday…
Sisi to visit Japan in November
September 8, 2015
Sisi to visit Japan in November
The International Cooperation Ministry has officially announced that President Abdel Fattah al-Sisi will visit Japan in November.The ministry also said…
Ernst & Young: Egyptian market has promising opportunities for acquisitions and mergers
September 8, 2015
Ernst & Young: Egyptian market has promising opportunities for acquisitions and mergers
Midhat Afifi, financial advisor to Ernst & Young, has said that investment in Egypt requires unconventional ideas, as well as…
Housing minister: No chance for entrusting million-home project to Arabtec
September 8, 2015
Housing minister: No chance for entrusting million-home project to Arabtec
Housing Minister Mostafa Madbouly has stressed that there is no chance that the million-home project, adopted 18 months earlier, would…