Economy
Rice exports regulator says no need to raise prices
October 6, 2015
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
October 6, 2015
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
October 6, 2015
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
October 6, 2015
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
October 6, 2015
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
October 5, 2015
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 %
October 5, 2015
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
October 5, 2015
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
October 4, 2015
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 %
October 4, 2015
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…