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Egypt signs deal with China Construction to build, finance, part of new capital

Egypt signs deal with China Construction to build, finance, part of new capital

 Egypt signed an agreement with a Chinese company on building and financing part of a planned new administrative capital east…
Govt: China cuts 2014 GDP growth from 7.4% to 7.3%

Govt: China cuts 2014 GDP growth from 7.4% to 7.3%

China on Monday lowered its GDP growth figure for last year by 0.1 percentage points to 7.3 percent, official figures…
Minister: Agreement to facilitate export of Sudanese camels to Egyptian market

Minister: Agreement to facilitate export of Sudanese camels to Egyptian market

Trade and Industry Minister Mounir Fakhry Abdel Nour announced that Egypt agreed with the Sudanese side to remove obstacles hindering…
Egypt’s market loses LE660 mn on Sunday, EGX30 down 0.3 %

Egypt’s market loses LE660 mn on Sunday, EGX30 down 0.3 %

Egypt's market closed in the red zone on Sunday's session, as the benchmark EGX30 index went down 0.3 percent, 7,273…
Egyptian pound steady at dollar sale, weaker at exchange bureaux

Egyptian pound steady at dollar sale, weaker at exchange bureaux

 Egypt's central bank kept the pound steady at a dollar sale on Sunday, selling $37.8 million at a cut-off price…
Center: Developing Mediterranean gas finding can double Egypt’s production by 2018

Center: Developing Mediterranean gas finding can double Egypt’s production by 2018

Developing a newly-discovered Egyptian natural gas field in the Mediterranean Sea to totally meet domestic demand could almost double the…
Egypt, Tunisia seeking to boost trade exchange to $500m

Egypt, Tunisia seeking to boost trade exchange to $500m

An Egyptian-Tunisian joint committee is working to increase trade exchange between the two countries from 317 million dollars in 2014…
Loans given to customers in Egypt hit LE713.6 bn in June

Loans given to customers in Egypt hit LE713.6 bn in June

The loans provided by the Egyptian banks, except for the Central Bank of Egypt (CBE), to customers have increased by LE8 billion…
Minister: US$ 6 billion in fresh investments refineries

Minister: US$ 6 billion in fresh investments refineries

Minister of Petroleum and Mineral Resources, Sheriff Ismail announced the allocation of US$6 billion in investments for the manufacturing and…
GAFI chief: Major projects to be promoted before Euromoney conference

GAFI chief: Major projects to be promoted before Euromoney conference

CEO of the General Authority For Investment (GAFI) Alaa Omar said the organization of the Euromoney Conference next Monday represents…
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