Latest news
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Eissa: More facilities to Egyptian industry in coming period
Dr. Mahmoud Eissa said that the coming period will witness more facilities to the Egyptian industry to attract more foreign investment.
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Egypt, Russia seek enhancing economic relations
Mohamed Kamel on Friday 30/12/2011 said that his talks with Russian officials in Moscow tackled developing bilateral economic relations.
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Ganzouri expresses need to support firms for boosting production
Al-Ganzouri affirmed that the national salvation gov. will help firms operating in Egypt and will maintain Egyptian labour for increasing production.
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Egypt bourse recovers LE 2.4b
The Egyptian Stock Exchange (ESE) recovered LE2.4 billion on Monday 19/12/2011 prompted by purchases by Arab and Egyptian investors.
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Petroleum Ministry seeks meeting local needs despite crisis
Eng. Abdullah Ghorab said providing citizens with oil products in a comfortable way comes at the top of the ministry's priorities.
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Biblawi: Canceling sales tax cannot be applied this year or in near future
Canceling sales tax is a process that needs a lot of time due to the complexity of legal measures needed, said Hazem el-Biblawi on Thursday.
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No intention to increase price of subsidized bread
SCAF Head demanded not to increase the price of subsidized bread.
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Minister: LE 233 billion investments to spur Egypt's economy in 2012
Fayza Abul-Naga said 2011/2012 plan targets the increase in the gross domestic product to hit LE 1.570bn against LE 1.373bn for 2010/2011.
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NTC thanks Egypt for reversing decision on entry visa issue
The Libyan National Transitional Council has thanked Egypt for revoking the requirement for Libyans to obtain entry visas for travel into Egypt.
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Egyptian-Libyan business council encourages investment, trade development
The Egyptian businessmen association and Libyan business association signed a protocol to establish a joint business council.
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IMF: Egypt's economic potentials are promising
The team of the IMF affirmed that Egypt enjoys economic promising potentials, but it faced challenges for maintaining economic stability.
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Egypt, Bangladesh discuss cooperation in telecommunications
Mohamed Salem received in Cairo Sunday his Bengali counterpart. The two sides discussed bilateral cooperation in the fields of communications and IT.
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Benchmark index EGX 30 gets up to 2.6%
The Egyptian Exchange gained LE5.5 billion at the close of trading, reaching a total value of LE335.1 billion.
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Higher Committee of Nile Water discusses Egyptian projects in Nile Basin countries
Hisham Qandil discussed a number of reports on the future of development in the Nile Basin countries and cooperation in the water sector.
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US Apache, Coca Cola CO. to pump more investments in Egypt
US Apache oil and gas exploration and production company, and Coca Cola plan to pump investments in Egypt worth about $1.7 bln as of the new year.
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Biblawi: Visit of IMF mission to Egypt is for consultation; government did not seek loans
The IMF mission dealt in Egypt with the economic situation, current incidents and the possibility of offering aid to Egypt, Biblawi noted.
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Abul-Naga: Negotiations with the G-8 group to get $35 billion
Minister of Planning and Int'l Cooperation Fayza AbulNaga said the G-8 envoy promised to reply to the Egyptian queries as soon as possible.
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Egypt, Bulgaria discuss bilateral cooperation
Minister of Industry & Foreign Trade Mahmoud Issa held talks with Bulgarian Economy & Energy Minister Traicho Traikov on ways to boost cooperation.
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The Banking Sector in Egypt
The banking sector plays a crucial role in the development process of Egypt, it consists of commercial banks (local banks) and non-local banks.
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Egypt urges bigger Muslim role in re-outlining world economic map
Mahmoud Issa said, stressing the need for Muslim countries to form their own economic bloc to be more effective in the new world order.