Economy
Egypt’s non-petroleum exports recede by 18.7% in 7 months
August 27, 2015
Egypt’s non-petroleum exports recede by 18.7% in 7 months
Non-petroleum exports declined during the first seven months of the year by 18.7 percent to reach 11.150 billion dollars compared…
Russia plans to increase wheat supplies to Egypt – Putin
August 27, 2015
Russia plans to increase wheat supplies to Egypt – Putin
Russia plans to increase wheat supplies to Egypt, Russia's President Vladimir Putin said on Wednesday.According to Putin, Russia sold 4…
Egypt’s market gains LE90 million on Wednesday, EGX30 inches 0.5 %
August 26, 2015
Egypt’s market gains LE90 million on Wednesday, EGX30 inches 0.5 %
Egypt's equities closed in the green zone on Wednesday's session, as the benchmark EGX30 index inched up 0.53 percent, to…
Competition among travel agencies affects tourism in Red Sea
August 26, 2015
Competition among travel agencies affects tourism in Red Sea
Competition between foreign travel agencies operating in the Red Sea has increased, leading to a significant decline in accomodation prices…
Euromoney: Egyptian economy faces tremendous challenges
August 26, 2015
Euromoney: Egyptian economy faces tremendous challenges
The Euromoney institution has announced that the Egyptian economy is going through a critical stage and faces tremendous challenges that…
MIDEAST STOCKS: Saudi stocks pull back, Egypt stalls
August 26, 2015
MIDEAST STOCKS: Saudi stocks pull back, Egypt stalls
Saudi Arabia's stock market pulled back in early trade on Wednesday as buying in blue chips petered out, while Egypt's…
Fitch raises Greece rating
August 25, 2015
Fitch raises Greece rating
Fitch Ratings raised its credit grade for Greece by one notch to CCC Tuesday, saying the new bailout deal reached…
Egypt’s market gains LE4 billion on Tuesday, EGX30 rises 2.8 %
August 25, 2015
Egypt’s market gains LE4 billion on Tuesday, EGX30 rises 2.8 %
Egypt's equities rebounded on Tuesday's session, as more stable oil prices and Asian markets prompted some investors to buy back…
Egyptian pound steady at official auction, weaker at exchange bureaus
August 25, 2015
Egyptian pound steady at official auction, weaker at exchange bureaus
Egypt's central bank kept the pound steady at 7.73 per dollar at a foreign exchange auction on Tuesday, and the…
Mideast leaders flood to Moscow for Syrian talks, aerospace salon
August 25, 2015
Mideast leaders flood to Moscow for Syrian talks, aerospace salon
Russian President Vladimir Putin is to host the Jordanian King and the Crown Prince of Abu Dhabi in Moscow on…