investments

Stock market plummets to maximum decline
Business

Stock market plummets to maximum decline

The Egyptian Stock Market continued its downturn during the Sunday session with the main EGX30 index recording a 9.5 percent…
PM: Investments increased to LE55.6 billion
Business

PM: Investments increased to LE55.6 billion

Prime Minister Hesham Qandil on Tuesday said the government has increased investments to LE55.6 billion this year. “The aspirations of…
Egypt to import Algerian gas
Business

Egypt to import Algerian gas

Prime Minister Hesham Qandil said on Wednesday that although Egypt is a producer and exporter of natural gas, it has…
Stock exchange rebounds after two sessions of decline
Business

Stock exchange rebounds after two sessions of decline

The Egyptian Stock Exchange index rebounded strongly on Wednesday after two sessions of declines as positive sentiment generated by government…
Saudi businessmen intend to invest in Egypt, says minister
Business

Saudi businessmen intend to invest in Egypt, says minister

Trade and Industry Minister Hatem Saleh said at a meeting with the Egyptian-Saudi Business Council Wednesday that there are Saudi…
British Gas to inject US$5 billion in investments
Business

British Gas to inject US$5 billion in investments

Petroleum Minister Osama Kamal on Tuesday said British Gas is injecting US$3 billion to US$5 billion into development projects in…
Stock exchange achieves second highest monthly record
Business

Stock exchange achieves second highest monthly record

The Egyptian Stock Exchange achieved unprecedented gains of nearly LE30 billion in August backed by several positive events at the…
Morsy’s visit to China reinforces old regime’s economic ties
Egypt

Morsy’s visit to China reinforces old regime’s economic ties

President Mohamed Morsy’s trip to China this week was deemed intuitive by analysts, given a thriving trade connection between the…
Qandil’s economic appointments maintain status quo in weakened govt
Business

Qandil’s economic appointments maintain status quo in weakened govt

As Prime Minister Hesham Qandil was unveiling the new Cabinet, unrest ensued in parts of the country. One person died…
PM appointment causes stock market slump
Business

PM appointment causes stock market slump

The stock market slumped for a second day on investor skepticism of the political and economic experience of Egypt's new…
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