Economy

Rice exports regulator says no need to raise prices

Rice exports regulator says no need to raise prices

Egypt’s rice export council said the Trade and Industry Ministry’s recent decision to open the door for chaffed rice exports for six…
Egypt plans new Mediterranean gas exploration round in first half 2016

Egypt plans new Mediterranean gas exploration round in first half 2016

Egypt is preparing to launch a new bidding round for gas exploration off the Mediterranean coast in the first half…
Govt still in limbo over foreign reserves

Govt still in limbo over foreign reserves

The government is still in a state of confusion as a foreign currency crisis bites harder, with the Central Bank…
Meeting hopes to solve issue of chemicals stranded at ports following govt decision

Meeting hopes to solve issue of chemicals stranded at ports following govt decision

A meeting between the General Authority for Export and Import Control and security officials will soon be held to review a government…
US, 11 nations reach massive trade deal

US, 11 nations reach massive trade deal

The United States and 11 Pacific Rim countries agreed on Monday to what could be the largest regional trade agreement…
Eurozone business activity slows in September: data

Eurozone business activity slows in September: data

Eurozone economic activity slowed more than first thought in September, a key business survey showed on Monday, adding to concerns…
Egypt’s market loses LE950 mn on Monday, EGX30 down 0.33 %

Egypt’s market loses LE950 mn on Monday, EGX30 down 0.33 %

Egypt's market closed in the red zone on Monday, as the benchmark EGX30 index inched down 0.33 percent, to 7,239.27points…
Egypt’s market off Tuesday over October Victory

Egypt’s market off Tuesday over October Victory

The Egyptian Exchange will close on Tuesday to mark the 42nd anniversary of the Sixth of October war victory. Trading will…
Trade Minister sanctions export of hulled rice for LE2,000/ton

Trade Minister sanctions export of hulled rice for LE2,000/ton

Trade and Industry Minister Tareq Qabil has officially allowed the export of hulled rice for the next six months, imposing…
Egypt’s market loses LE3.2 bn on Sunday, EGX30 down 0.7 %

Egypt’s market loses LE3.2 bn on Sunday, EGX30 down 0.7 %

Egypt's market closed in the red zone on Sunday, as the benchmark EGX30 index went down 0.65 percent, to 7,263.29…
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