Business
The Return Of Egypt’s Elite
September 4, 2013
The Return Of Egypt’s Elite
Those who were punished under Mohammed Morsy are getting their own back.The chief executive of Egypt’s biggest construction company, Orascom…
Stock market continues to decline, loses LE1.6 bn
September 3, 2013
Stock market continues to decline, loses LE1.6 bn
The stock market today in Cairo continued to fall today as market capital lost LE1.6 billion, closing at LE352.1 billion. Traders…
Electricity Ministry appeals to citizens to continue paying bills
September 3, 2013
Electricity Ministry appeals to citizens to continue paying bills
Egypt's Electricity Ministry has called on citizens to pay their bills. The ministry also said it is coordinating with the Petroleum…
Official: UAE will send fuel to Egypt
September 3, 2013
Official: UAE will send fuel to Egypt
Tareq al-Mulla, Chairman of the General Petroleum Authority, said Monday the United Arab Emirates (UAE) has agreed with the Ministry…
Stock market loses LE2.4 billion on Monday
September 2, 2013
Stock market loses LE2.4 billion on Monday
Stock indices fell at the end of Monday’s trading session despite the aid package of the Gulf countries, with Arab…
Egyptian companies freeze investments in Syria
September 2, 2013
Egyptian companies freeze investments in Syria
Egyptian officials said a number of Egyptian companies have frozen investments and activities in Syria due to the deteriorating security…
Number of foreign workers in Egypt declining
September 1, 2013
Number of foreign workers in Egypt declining
The total number of foreigners working in the private sector and investment in Egypt has declined during 2012 to reach…
$2 billion UAE aid package to Egypt by the end of Crown Prince visit
September 1, 2013
$2 billion UAE aid package to Egypt by the end of Crown Prince visit
The Crown Prince of Abu Dhabi and Defense Minister Mohammed bin Zayed Al Nahyan has held a series of meetings…
Market capitalization up by LE1.4 billion Sunday
September 1, 2013
Market capitalization up by LE1.4 billion Sunday
The Egyptian stock indexes rose by the end of Sunday backed by purchases by Arab and Egyptian investors. The market capitalization…