Business
Egypt signs deal with China Construction to build, finance, part of new capital
September 7, 2015
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%
September 7, 2015
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
September 6, 2015
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 %
September 6, 2015
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
September 6, 2015
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
September 6, 2015
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
September 5, 2015
Egypt, Tunisia seeking to boost trade exchange to $500m
An Egyptian-Tunisian joint committee is working to increase trade exchange between the two countries from 317 million dollars in 2014…
Loans given to customers in Egypt hit LE713.6 bn in June
September 5, 2015
Loans given to customers in Egypt hit LE713.6 bn in June
The loans provided by the Egyptian banks, except for the Central Bank of Egypt (CBE), to customers have increased by LE8 billion…
Minister: US$ 6 billion in fresh investments refineries
September 5, 2015
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
September 5, 2015
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…