Business
Investment minister blames economy decline on energy
January 21, 2015
Investment minister blames economy decline on energy
A flawed system of the generation and distribution of energy was the basic reason behind the deterioration in Egyptian economy…
Egypt’s market gains LE1.04 bn on Wednesday, EGX30 inches up 0.53%
January 21, 2015
Egypt’s market gains LE1.04 bn on Wednesday, EGX30 inches up 0.53%
Egypt's market main index EGX30 inched up 0.53% on Wednesday's session breaking the resistance level at 9,830 points to record…
Butane gas cylinders shortage crisis to be resolved end of week: Minister
January 21, 2015
Butane gas cylinders shortage crisis to be resolved end of week: Minister
Domestic Trade and Supply Minister Khaled Hanafy said there has been coordination with Petroleum Ministry over the recent shortage of…
Government decides not to issue new investment law
January 21, 2015
Government decides not to issue new investment law
Egypt's legislative reform committee, in affiliation with its cabinet, has agreed on suspending the unified investment law, only including amendments…
Gloomy survey opens Davos meeting
January 21, 2015
Gloomy survey opens Davos meeting
Global business leaders are very downbeat on the potential for economic growth in 2015, a closely watched survey said on…
Total taxes reach LE103 billion: Authority
January 21, 2015
Total taxes reach LE103 billion: Authority
Total taxes collected since beginning of July reached LE103 billion, without the compromise with the Egyptian General Petroleum Corporation, marking…
Report: Egypt economy to witness significant improvement in 2015
January 20, 2015
Report: Egypt economy to witness significant improvement in 2015
Oxford Business Group, a global consultancy producing annual economic reports, expressed hope toward signs that heralded a significant improvement of…
Egypt’s market gains LE5.82 bn on Tuesday, EGX30 jumps 2.14%
January 20, 2015
Egypt’s market gains LE5.82 bn on Tuesday, EGX30 jumps 2.14%
Egypt's market main index EGX30 jumped 2.14 percent on Tuesday's session to 9,804.18 points on a relatively high turnover of…
SEBA: 85% of issues with investors resolved
January 20, 2015
SEBA: 85% of issues with investors resolved
Secretary General of the Saudi Egyptian Businessmen Association (SEBA) Ahmed Darwish said that around 85 percent of problems of corporates…
Expert criticizes CBE decision to increase dollar exchange rate
January 20, 2015
Expert criticizes CBE decision to increase dollar exchange rate
Ahmed Shiha, vice president of the Division of Importers, criticized the Central Bank of Egypt's decision to increase the dollar…