Business

Supply Minister: Wheat reserve until mid-June 2014

Supply Minister: Wheat reserve until mid-June 2014

Supply Minister Mohamed Abu Shady said on Monday that the wheat reserve is sufficient to meet demand until mid-June 2014. “Egypt…
Govt agrees to disburse last tranche of textile companies’ dues

Govt agrees to disburse last tranche of textile companies’ dues

The cabinet has agreed on Monday to disburse the last tranche of dues to textile companies this week. The tranches had started…
Purchases of Egyptians push stock market indexes upward

Purchases of Egyptians push stock market indexes upward

Purchases from Egyptian investors pushed the stock market indexes upward, against the sales of Arab and foreign investors on Sunday.
Consumer confidence in economy rises 11.9%

Consumer confidence in economy rises 11.9%

A survey by the Cabinet’s Center for Information and Decision Support showed an 11.9 percent rise in the index measuring…
Banque Misr awarded 6th time

Banque Misr awarded 6th time

Banque Misr retained the title for the sixth time as the "Best Treasury & Cash Management Providers" in 2014 by…
Central Bank: foreign reserves record a slight 5-month high

Central Bank: foreign reserves record a slight 5-month high

Egypt's foreign reserves recorded a slight rise for the first time in five months, the Central Bank of Egypt said…
Egyptian agricultural exports reach LE13.6 billion in 2013

Egyptian agricultural exports reach LE13.6 billion in 2013

 The value of Egypt's agricultural exports amounted to LE13.6 billion, representing 10 percent of Egypt's total exports in 2013 and…
New offers to encourage Arab tourism to Egypt

New offers to encourage Arab tourism to Egypt

 The Tourism Ministry and the Tourism Promotion Authority launched new promotional offers in early March in a bid to attract…
Tourism declines by 17% in 2013: tourism minister

Tourism declines by 17% in 2013: tourism minister

Tourism Ministry statistics issued on Wednesday showed that incoming tourists in 2013 declined by 17.4 percent compared to 2012.  Egypt received…
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