Business
Egypt’s market gains LE3.9 billion on Wednesday, EGX30 rises 1.1%
February 18, 2015
Egypt’s market gains LE3.9 billion on Wednesday, EGX30 rises 1.1%
Egypt's market improved Wednesday’s session pushed by foreign and Arab institutions buying appetites that recorded net flows of LE57.16 million…
Triumphant Egypt return to bond market risks ultra-tight pricing
February 18, 2015
Triumphant Egypt return to bond market risks ultra-tight pricing
Egypt's return to the international debt market after a five-year gap is set to attract heavy demand - so heavy…
Egyptian pound steady at both official and black market exchange rates
February 18, 2015
Egyptian pound steady at both official and black market exchange rates
Egypt's central bank kept the pound steady at LE7.53 to the dollar at a foreign exchange auction on Wednesday and…
Tax authority declares 2015 fees on car license renewal
February 18, 2015
Tax authority declares 2015 fees on car license renewal
The Egyptian tax Authority has set fees for car license renewals based on the capacity of engines for the year…
Government nears compromise on gas arbitration lawsuits
February 18, 2015
Government nears compromise on gas arbitration lawsuits
The Cabinet has almost reached final compromise on the international arbitration lawsuits filed against Egypt due to previous decisions on…
Egypt’s Qalaa considers sale of food businesses, sees 2015 profit
February 18, 2015
Egypt’s Qalaa considers sale of food businesses, sees 2015 profit
Egypt's Qalaa Holdings has hired investment bank EFG Hermes to advise it on the possible sale of its food businesses,…
Half projects in Egypt March investment conference to be in energy sector
February 17, 2015
Half projects in Egypt March investment conference to be in energy sector
alf the projects Egypt will propose at a March investment summit will be in the energy sector, the minister of…
Egypt’s market loses LE6.51 billion on Tuesday, EGX30 down 1.6%
February 17, 2015
Egypt’s market loses LE6.51 billion on Tuesday, EGX30 down 1.6%
Egypt's market incurred losses on Tuesday for the second session in a row with the EGX30 closing down 1.59 percent…
Egypt’s strikes in Libya pose challenge to common investments
February 17, 2015
Egypt’s strikes in Libya pose challenge to common investments
Investors and financial players are split over the potential impact the Egyptian air raids on Islamic State camps in Libya…
Ezz Steel posts Q3 loss of LE285 million
February 17, 2015
Ezz Steel posts Q3 loss of LE285 million
Ezz Steel, Egypt's biggest steel maker, posted a third-quarter net loss on Tuesday that widened to LE285.38 million ($37.43 million)…