Egypt Independent

Syrian government delegation visited Cairo to discuss terrorism: BBC
Egypt

Syrian government delegation visited Cairo to discuss terrorism: BBC

A security delegation affiliated with the government of beleaguered Syrian President Bashar al-Assad has held talks with Egyptian officials in…
Minister announces new fire stations in 52 industrial areas
Egypt

Minister announces new fire stations in 52 industrial areas

Manpower and Immigration Minister Nahed al-Ashry agreed to construct fire stations in 52 industrial areas across the country on Wednesday. Ashry…
Socialists back teacher protests for educational reform
Egypt

Socialists back teacher protests for educational reform

Egypt’s socialists have voiced support for Thursday's upcoming teacher demonstrations, where people will demand the removal of Education Minister Moheb…
Egypt’s market loses LE9.1 bn on Tuesday, EGX30 falls 3.4 %
Egypt

Egypt’s market loses LE9.1 bn on Tuesday, EGX30 falls 3.4 %

Egypt's market incurred heavy losses during Tuesday's session, as the benchmark EGX30 index plunged 3.38 percent to 6,921.77 points, with…
Sawiris offered a Maldive island following refugee shelter pledge
Egypt

Sawiris offered a Maldive island following refugee shelter pledge

A businessman from the Maldives has offered his family’s island to Egyptian billionaire Naguib Sawiris, who declared last week he…
Economic ministerial group considers devaluation of Egyptian pound: Minister
Economy

Economic ministerial group considers devaluation of Egyptian pound: Minister

Investment Minister Ashraf Salman announced that the ministerial economic group is seriously considering the devaluation of the Egyptian pound in…
Egypt’s market loses LE5.8 bn on Monday, EGX30 declines 1.5 %
Business

Egypt’s market loses LE5.8 bn on Monday, EGX30 declines 1.5 %

Egypt's market closed in the red zone on Monday's session, as the benchmark EGX30 index went declined 1.48 percent 7,166.6…
Egypt’s market loses LE660 mn on Sunday, EGX30 down 0.3 %
Business

Egypt’s market loses LE660 mn on Sunday, EGX30 down 0.3 %

Egypt's market closed in the red zone on Sunday's session, as the benchmark EGX30 index went down 0.3 percent, 7,273…
Center: Developing Mediterranean gas finding can double Egypt’s production by 2018
Business

Center: Developing Mediterranean gas finding can double Egypt’s production by 2018

Developing a newly-discovered Egyptian natural gas field in the Mediterranean Sea to totally meet domestic demand could almost double the…
Egypt’s market gains LE12.7 bn in week, EGX30 index jumps 3.1%
Business

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 %
Business

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…
Russia approves Mistral carrier sale to Egypt, UAE
Egypt

Russia approves Mistral carrier sale to Egypt, UAE

Russia has given France the green light to sell two Mistral helicopter carriers to Egypt and the United Arab Emirates. France…
New diesel and naphtha contract worth $300 mn
Business

New diesel and naphtha contract worth $300 mn

Egypt’s Alexandria National Refining and Petrochemicals Company is planning to rely on technology from UOP LLC, a Honeywell company, to expand…
EU, WFP fund Egypt’s student welfare project
Egypt

EU, WFP fund Egypt’s student welfare project

The Belgian and Dutch ambassadors to Egypt concluded a two-day visit to Upper Egyptian community schools on Wednesday, where the World Food…
Egypt’s market loses LE1.2 bn on Wednesday, EGX30 down 0.74%
Business

Egypt’s market loses LE1.2 bn on Wednesday, EGX30 down 0.74%

Egypt's market closed in the red zone on Wednesday's session, as the benchmark EGX30 index went down 0.74 percent, to…
Violence down in last week of August, monitors say
Egypt

Violence down in last week of August, monitors say

The rate of violence and terrorist attacks dropped in the period between August 21-27, an alliance of NGOs detecting violence…
Saudi mufti slams Iranian film on Prophet’s life
Cinema/TV

Saudi mufti slams Iranian film on Prophet’s life

Saudi Arabia’s top cleric has slammed an Iranian movie depicting the life of the Prophet Mohamed, thereby reviving a longstanding…
One million Suez Canal commemorative coins on market next week
Business

One million Suez Canal commemorative coins on market next week

The Finance Ministry has said that the New Suez Canal commemorative coins it issued early last week were well received…
Egypt’s market loses LE1.8 bn on Tuesday, EGX30 down 0.7%
Business

Egypt’s market loses LE1.8 bn on Tuesday, EGX30 down 0.7%

Egypt's market closed in the red zone on Tuesday, as the world markets extend losses and China falters again, according…
REC, O Capital in solar power alliance
Business

REC, O Capital in solar power alliance

REC, the largest European brand of solar panels and O Capital for Services and Contracting (O Capital), an energy subsidiary…
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