Economy
Egypt, NAFTA to discuss economic cooperation Tuesday
August 17, 2015
Egypt, NAFTA to discuss economic cooperation Tuesday
A roundtable will be held Tuesday at the international business center of the Smart Village with member states of the…
Egypt’s market loses LE5.7 billion on Monday, EGX30 down 0.4%
August 17, 2015
Egypt’s market loses LE5.7 billion on Monday, EGX30 down 0.4%
Egypt's market closed in the red zone on Monday's session, as the benchmark EGX30 index went down 0.42 percent, recording…
Study: Lower Internet prices ensure increase in customer acquisition
August 16, 2015
Study: Lower Internet prices ensure increase in customer acquisition
Reducing Internet prices could ensure an increase in the number of customers served to over 50 percent of the population…
Egyptian pound steady at official auction, weaker at exchange bureaux
August 16, 2015
Egyptian pound steady at official auction, weaker at exchange bureaux
Egypt's central bank kept the pound steady at 7.73 per dollar at a foreign exchange auction on Sunday, and the…
SCA: 4-year delay in digging Port Said Canal cost US$1.9 bn
August 16, 2015
SCA: 4-year delay in digging Port Said Canal cost US$1.9 bn
The delay in the excavation of the eastern Port Said canal, which was supposed to have been completed in 2011,…
Egypt’s Medinet Nasr Q2 net profit up at LE62.42 mn
August 16, 2015
Egypt’s Medinet Nasr Q2 net profit up at LE62.42 mn
Egyptian property developer Medinet Nasr reported second-quarter net profit of LE62.415 million ($7.97 million), up from LE55.180 million in the…
Egypt’s market loses LE10 bn in week, EGX30 index falls 2.9%
August 15, 2015
Egypt’s market loses LE10 bn in week, EGX30 index falls 2.9%
Egypt's stock market has witnessed loses of LE10 billion this week, as all indexes dropped, Egyptian Exchange data showed.The main…
Egypt to import wheat from Russia, Ukraine
August 15, 2015
Egypt to import wheat from Russia, Ukraine
The General Authority for Supply of Commodities (GASC) will buy 175,000 tons of wheat from Russia and Ukraine to produce subsidized bread.The…
$6.2bn volume of Egyptian-Chinese trade in 6 months
August 14, 2015
$6.2bn volume of Egyptian-Chinese trade in 6 months
The volume of Egyptian-Chinese trade exchange reached dlrs 6.2 billion in the first half of 2015, the deputy head of…
Egypt’s market loses LE710 mn on Thursday, EGX30 down 0.4%
August 13, 2015
Egypt’s market loses LE710 mn on Thursday, EGX30 down 0.4%
Egypt's market closed in the red zone on Thursday's session, as the benchmark EGX30 index went down 0.41 percent, recording…