Egypt’s Local Wheat Purchases at more than 1.2 m Tonnes: Minister
Egypt, the world's biggest wheat importer, has bought more than 1.2 million tonnes of local wheat since the start…
C. Bank Offers Its First FX Auction US$40mln of this Week
The Central Bank of Egypt (CBE) has offered today its first foreign exchange auction for this week totaled US$ 40…
IMF: Egypt’s Economy Strong, Well-Established, Will Flourish Again
Egypt's economic structure is strong and well-established and it will be flourished again depending on human…
Egypt’s Umployment Rate May Exceed 13% by 2015; Says IMF Chief
The Managing Director of International Monetary Fund (IMF) Christine Lagarde said the Egyptian economy rose by 4.1%…
IMF Chief Lagarde Warns of Risks to Eurozone Recovery
IMF chief Christine Lagarde says euorzone economies are not out of the woods yet. She cites access to credit,…
Egypt Reaches Deal with Norway’s Hoegh on LNG Import Terminal
Egypt has signed a deal with Norway's Hoegh to supply a floating terminal needed to import liquefied natural gas,…
Unidentified Attackers Torch Sisi’s Campaign HQ in Sharqiya
Unidentified men torched the Sharqiya headquarters of Abdel Fattah al-Sisi's campaign on Monday before escaping, a…
Cairo Financial to Lead an IPO in Egypt Bourse in Q1/15
Cairo Financial Holding (CFH Holding) plans to manage an IPO for an Egyptian company into the local stock exchange,…
Lecico Egypt Says Q1 Net Profits Hit EGP35.2 mln
Egyptian ceramics maker Lecico Egypt reported on Monday a net profit worth 35.246 million Egyptian pounds (US$5.003…
Dubai Bourse Changes Trading Session Structure ahead of MSCI Upgrade
Dubai Financial Market (DFM) will introduce a pre-closing period to its trading sessions from May 14 that will make…