Economy
Diplomat: Total Egypt-China trade volume reached US$1.6 bn in 2014
July 24, 2015
Diplomat: Total Egypt-China trade volume reached US$1.6 bn in 2014
The total volume of trade exchange between Egypt and China reached US$11.6 billion in 2014, which represents an increase of…
Local gold exceeds world price by LE12
July 23, 2015
Local gold exceeds world price by LE12
Global gold prices continued to fall on Wednesday, dropping by US$50 to $1,086 an ounce, the lowest in five years.
Kuwait’s Al-Salam to list on Egypt exchange
July 22, 2015
Kuwait’s Al-Salam to list on Egypt exchange
Kuwait's Al-Salam Group Holding Co KSC has received approval to list on the Egyptian stock exchange and offer depository receipts,…
Egypt’s market gains LE1.53 billion on Wednesday, EGX30 rises 0.5%
July 22, 2015
Egypt’s market gains LE1.53 billion on Wednesday, EGX30 rises 0.5%
Egypt's market closed in the green zone for the fifth session in a row, as the benchmark EGX30 index on…
Egypt organizes Investment Conference in September
July 22, 2015
Egypt organizes Investment Conference in September
The Egyptian General Authority for Investment (GAFI) is planning to sign a contract with an international company to organize an…
Precious-Gold falls to near 5-year low as bearish view holds
July 22, 2015
Precious-Gold falls to near 5-year low as bearish view holds
Gold fell on Wednesday for a seventh session in eight, reflecting sustained downward pressure on the metal days after its…
CAPMAS: Egypt’s trade deficit rises 52.7% to LE24.6 bn in April 2015
July 21, 2015
CAPMAS: Egypt’s trade deficit rises 52.7% to LE24.6 bn in April 2015
Egypt's trade deficit increased to LE24.6 billion (US$3.2 billion) in April 2015, from LE16.11 a year earlier, the state's Central…
Egypt’s GASC receives wheat offers in tender- trade
July 21, 2015
Egypt’s GASC receives wheat offers in tender- trade
Egypt, one of the world's largest wheat importers, received offers from Russia, Romania, Ukraine and France in its latest wheat…
Egyptian pound steady at auction, stronger at exchange bureaus
July 21, 2015
Egyptian pound steady at auction, stronger at exchange bureaus
Egypt's central bank kept the Egyptian pound steady at 7.73 per dollar at a foreign exchange auction on Tuesday after…
Egypt’s market gains LE170 million on Tuesday, EGX30 inches up 0.33%
July 21, 2015
Egypt’s market gains LE170 million on Tuesday, EGX30 inches up 0.33%
Egypt's market closed in green zone for forth session in a row, as the benchmark EGX30 index on Tuesday inched…