Business

Stock market earns LE2.3 bn

Stock market earns LE2.3 bn

The main EGX30 index of the stock exchange went up by 0.7 percent on Tuesday to close at 7,086.8 points. The…
New reform package to promote financial growth

New reform package to promote financial growth

Finance Minister Ahmed Galal said in a press statement on Tuesday that the government will announce a package for new…
Minister: Tourism revenues drop 41% in 2013

Minister: Tourism revenues drop 41% in 2013

Egypt's revenues from the tourism reached US$5.9 billion in 2013, compared to $10 billion in 2012, which means that the…
Beblawy to speak at Davos Forum this week

Beblawy to speak at Davos Forum this week

On Wednesday, Prime Minister Hazem al-Beblawy will deliver a speech about the political and economic details that followed the 30…
Government mulls Golden Triangle project in Upper Egypt

Government mulls Golden Triangle project in Upper Egypt

Prime Minister Hazem al-Beblawy met with a group of ministers and governors on Sunday to tackle developments of the Golden…
Stock market loses LE6.4 bn

Stock market loses LE6.4 bn

Egyptian stock indices fell at the end of Sunday’s trading session, as the main EGX30 index fell by 1.96 percent…
Egypt suspends importing cattle from Germany after mad cow disease emergence

Egypt suspends importing cattle from Germany after mad cow disease emergence

The General Authority for Veterinary Services decided on Sunday to temporarily suspend importing dairy cattle from Germany, after the World…
Tourism most sector affected by political unrest: agency

Tourism most sector affected by political unrest: agency

The Central Agency for Public Mobilization and Statistics said in its monthly report issued Sunday on tourist activity in November…
Planning minister says investment plan targets 4% growth rate next fiscal year

Planning minister says investment plan targets 4% growth rate next fiscal year

  Planning Minister Ashraf al-Araby said the investment plan for the 2014-2015 fiscal year is still under consideration but revealed that it would…
Central Bank says Egypt’s economy ‘sluggish’ amid political unrest

Central Bank says Egypt’s economy ‘sluggish’ amid political unrest

Egypt’s GDP growth rate continued to slow down in the first quarter of the 2013/2014 fiscal year to stand at…
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