Economy

GAFI chief: Major projects to be promoted before Euromoney conference

GAFI chief: Major projects to be promoted before Euromoney conference

CEO of the General Authority For Investment (GAFI) Alaa Omar said the organization of the Euromoney Conference next Monday represents…
Egypt, Indonesia trade exchange up 15% in first five month of 2015

Egypt, Indonesia trade exchange up 15% in first five month of 2015

Egypt and Indonesia's trade exchange from January to May has increased 15 percent compared to the same period of the…
Russia’s Gazprom to offer 5 mn tons of gas to Egypt

Russia’s Gazprom to offer 5 mn tons of gas to Egypt

Russian Energy Minister Alexander Novak said Gazprom company will provide Egypt with one million tons of liquefied natural gas annually…
Global LNG-Egypt takes centre stage after shortlist and Russian deals

Global LNG-Egypt takes centre stage after shortlist and Russian deals

Asian liquefied natural gas (LNG) prices sank this week as fresh supply emerged from traditional Chinese buyers looking to trim…
Egypt’s EGAS invites 10 LNG firms for workshop linked to tender

Egypt’s EGAS invites 10 LNG firms for workshop linked to tender

Ten liquefied natural gas (LNG) trading firms have been invited by state-run Egyptian Natural Gas Holding Co (EGAS) to join…
Egypt’s market gains LE12.7 bn in week, EGX30 index jumps 3.1%

Egypt’s market gains LE12.7 bn in week, EGX30 index jumps 3.1%

Egypt's stock market has witnessed wins of LE12.69 billion (US$1.6 billion) this week, as all indexes jumped, Egyptian Exchange data…
Egypt’s market gains LE5.6 bn on Thursday, EGX30 jumps 2.03 %

Egypt’s market gains LE5.6 bn on Thursday, EGX30 jumps 2.03 %

Egypt's market jumped as global backdrop improves on Thursday's session, according to Reuters.The benchmark EGX30 index jumped 2.03 percent, to…
Egyptian pound steady at dollar sale, exchange bureaux

Egyptian pound steady at dollar sale, exchange bureaux

 Egypt's central bank kept the pound steady at a dollar sale on Thursday, selling $37.8 million at a cut-off price…
MIDEAST STOCKS: Saudi, Egypt rise alongside global markets as oil steadies

MIDEAST STOCKS: Saudi, Egypt rise alongside global markets as oil steadies

 Stock markets in Saudi Arabia and Egypt rose in early trade on Thursday, tracking global bourses as oil prices, which…
Sisi urges Chinese partners to join Egypt’s development projects

Sisi urges Chinese partners to join Egypt’s development projects

President Abdel Fattah Al Sisi urged on Wednesday the Chinese companies to contribute to Egypt's development projects meant to boost…
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