Business
Sources: Emaar Properties targets Q2 for $270 mln Egypt unit float
January 26, 2015
Sources: Emaar Properties targets Q2 for $270 mln Egypt unit float
Dubai's Emaar Properties will submit plans to float its Egyptian unit to the North African country's regulator "within days" ahead…
Egypt’s market loses LE350 million on Monday, EGX30 down 0.65%
January 26, 2015
Egypt’s market loses LE350 million on Monday, EGX30 down 0.65%
Egypt's market main index declined 0.65 percent on Monday's session recording 9,834.81 points and a turnover of LE756million, the Egyptian…
Russia warns West not to blackmail it over Ukraine
January 26, 2015
Russia warns West not to blackmail it over Ukraine
Russia blamed Kiev on Monday for a surge in fighting in Ukraine and warned the West that any attempt to…
UPDATE: CBE governor says Egypt to ease foreign currency transfers
January 26, 2015
UPDATE: CBE governor says Egypt to ease foreign currency transfers
Egypt will loosen restrictions on foreign currency transfers, according to Central Bank Governor Hisham Ramez. "The Egyptian government will take further steps…
Egypt awards $2.2 bln LNG tender to 4 foreign firms-state gas board
January 25, 2015
Egypt awards $2.2 bln LNG tender to 4 foreign firms-state gas board
Egypt's state gas board has awarded a $2.2 billion tender to import 75 cargoes of liquefied natural gas (LNG) to…
Abu Dhabi, Qatar rise; property stocks weigh on Dubai
January 25, 2015
Abu Dhabi, Qatar rise; property stocks weigh on Dubai
Stock markets in the United Arab Emirates and Qatar were mixed in low-volume trade on Sunday as most countries in…
Three oil agreements with investments of USD 47 million
January 23, 2015
Three oil agreements with investments of USD 47 million
Petroleum Minister Eng. Sherif Ismail inked three new agreements for prospecting for petroleum and natural gas in the two regions…
Egypt’s market gains LE1.58 bn on Thursday, EGX30 inches up 0.43%
January 22, 2015
Egypt’s market gains LE1.58 bn on Thursday, EGX30 inches up 0.43%
Egypt's market main index commenced Thursday’s session on a strong positive note recording its 52 week high at EGP9,975.88 points,…
Minister: Customs Act to be amended in line with international standards
January 22, 2015
Minister: Customs Act to be amended in line with international standards
Finance Minister Hany Qadry Dimian announced Thursday a plan to amend the Customs Act No.
Businessmen propose fund to stabilize cotton prices after subsidy lift
January 22, 2015
Businessmen propose fund to stabilize cotton prices after subsidy lift
Egyptian businessmen are searching for alternatives to save the cotton industry after the recent decision by the government to lift…