Auda: Egypt Allocates $600 mln To Staple Commodities
The Egyptian Minister of Supply, Dr Bassem Auda, has revealed the budget allocated for subsidizing the staple…
EGX 30 Ends Below 5200 Pts As Regulator OKs OCI’s Amsterdam Listing
The Egyptian Exchange (EGX) has ended Tuesday’s session posting gains of EGP 561 billion coinciding with the…
Egypt Names New Key Negotiator With IMF
Dr. Abdallah Shehata, economic adviser to the Minister of Finance and head of Economic Affairs Committee of the…
Morsi OKs Listing 2005 Births in Rationing System
The Egyptian Ministry of Supply revealed that President Mohamed Morsi has approved listing the 2005 births in the…
OCI Says To Pay 1st Installment To Egypt Tax In Weeks
Orascom Construction Industries (OCIC.CA), announced on Tuesday that it will pay the Egyptian Tax Authority (ETA)…
Kandil Attends Signing Contract For Sugar Plant At $372 mln
Dr. Hesham Kandil, Egypt's Premier, witnessed Tuesday morning singing a contract between the contributors to the…
Egypt’s Central Bank Accepts EGP 18 Bln Deposits On Tuesday
The Central Bank of Egypt (CBE) has accepted EGP 18 billion worth of seven-day deposits at a fixed interest rate of…
Orascom Construction Reconciles With Egypt’s Tax, To Pay EGP 7.1 Bln
OCI N.V.’s subsidiary, Orascom Construction Industries (OCIC.CA), announced on Tuesday that it will pay the…
Egypt’s Budget Deficit Widens To EGP 175.9 Bln In Nine Months
Egypt’s budget deficit has widened to EGP 175.9 billion in nine months since the start of the new fiscal year,…
1910 Tourists Arrive In Alexandria Port
Egypt's Alexandria Port received today the Bahamian ship "Legend of the Seas", which was coming from Sharm Al…