Household appliance prices to hike 7% in upcoming period

Sun, Jul. 15, 2018

The increase in the prices will be applied during the upcoming period according to each factory.

Two agreements with ISDB, IBRD referred to parl't committees

Sun, Jul. 15, 2018

The first report recommends scrapping an agreement signed in 2013 between the government and the ISDB to purchase equipment for building Al Azhar Educational Hospital.

Arab selling keeps EGX in red for 2nd session in row

Sun, Jul. 15, 2018

The benchmark EGX30 declined 0.24 percent, or 37.35 points, to close at 15,842.46 points.

Turning Egypt into regional oil hub to greatly affect economy: Min.

Sun, Jul. 15, 2018

During a meeting held with the 6th program's working team, the minister said serious steps have been taken on the ground as part of the ongoing plan of action.

Sukari mine’s production of gold reaches 108.8 tons: Centamin

Sun, Jul. 15, 2018

General Manager of Centamin Egypt and Managing Director of Sukari Gold Mining Company Youssef el-Raghy clarified that the production recorded 1.1 tons of gold in June 2018.

Egypt’s inflation expected to temporarily rise in 2018/19: IMF

Sun, Jul. 15, 2018

The economic reform program launched by the Egyptian government contributed to the stability of the macro economy, as the budget deficit shrunk significantly, Subir Lall said.

Telecom Egypt, Liquid Telecom sign MOU to complete fibre network

Sun, Jul. 15, 2018

Liquid Telecom, a subsidiary of Econet Wireless Global, has been building a fibre network across southern Africa covering Botswana, Democratic Republic of Congo, Lesotho, South Africa, Zambia and Zimbabwe.

Investment min leaves for New York to take part in UN ECOSOC Forum

Sun, Jul. 15, 2018

The minister is also scheduled to visit Washington for talks with a number of World Bank officials and major American companies.