Economy
Egypt’s six-month and one-year t-bill rise in Thursday’s auction
March 3, 2016
Egypt’s six-month and one-year t-bill rise in Thursday’s auction
Yields on Egypt's six-month and one-year Treasury bills rose at an auction on Thursday, data from the central bank showed. The…
German summer bookings for Turkey, Egypt, Tunisia drop 40 percent
March 3, 2016
German summer bookings for Turkey, Egypt, Tunisia drop 40 percent
German travellers' bookings for summer holidays in Egypt, Tunisia and Turkey have dropped around 40 percent compared with a year…
Egypt’s non-oil sector activity recess persists in February
March 3, 2016
Egypt’s non-oil sector activity recess persists in February
Activity by Egypt’s non-oil private companies receded for a fifth month in a row in February, according to the National…
Egypt to take part in Berlin’s stock exchange
March 3, 2016
Egypt to take part in Berlin’s stock exchange
Tourism Minister Hisham Zaazou will head Egypt’s delegation at the International Tourism Stock Exchange of Berlin being held March 8-12. The…
Egyptian pound steady at auction, weakens on black market
March 3, 2016
Egyptian pound steady at auction, weakens on black market
The Egyptian pound held steady against the dollar at an official foreign currency auction on Thursday but weakened significantly on…
LG to start manufacturing washing machines in Egypt before year’s end
March 3, 2016
LG to start manufacturing washing machines in Egypt before year’s end
James Park, vice-president of LG Electronics, has announced his company's plans to start manufacturing washing machines in Egypt before the…
Egypt’s Domty gives US$1.12-$1.17 float price guidance
March 3, 2016
Egypt’s Domty gives US$1.12-$1.17 float price guidance
Arabian Food Industries Co (Domty) said price guidance for its planned share float on the Egyptian bourse would be LE8.8…
Egypt seeks petrol self-sufficiency by 2020: official
March 3, 2016
Egypt seeks petrol self-sufficiency by 2020: official
Vice-Chief of the Egyptian General Petroleum Corporation for Operations Amr Mostafa has announced a plan that includes several petroleum projects…
Egypt addresses airline concerns on profit repatriation: c.bank source
March 3, 2016
Egypt addresses airline concerns on profit repatriation: c.bank source
Egypt has addressed the concerns of airlines who have complained in recent weeks about their inability to repatriate earnings, a…
Bureaucrat and old fungus law hold Egypt’s wheat supplies hostage
March 2, 2016
Bureaucrat and old fungus law hold Egypt’s wheat supplies hostage
A global grain glut should make purchasing wheat cheap and easy for Egypt, the world's biggest importer, but traders say…