Egypt’s CIB approves capital hike through bonus shares
The ordinary general meeting (OGM) of Commercial International Bank- Egypt (CIB) has approved raising the…
Browsing Tag
Hike
Pharmacists Syndicate of Egypt postpones strike
Egypt's Pharmacists Syndicate postponed on Saturday for two weeks a partial strike at pharmacies initially…
Brent hike, flotation eat 91% of fuel subsidies in H1 of FY 2016-17
The Ministry of Petroleum began reviewing fuel subsidy allocations for the current fiscal year (FY) 2016/2017 to…
Home appliances prices hike by 25%; Egyptian chamber head says
The average prices of all home electric appliances in Egyptian markets hiked by 25 percent following government's…
Egypt’s leather exports to hit $800m after finishing Al Robeky zone: minister
Egypt's total exports of leather products is expected to hike from US$170 million to US$800 million annually after…
Petroleum product subsidies to hit $5bn in Egypt’s FY2016-17 budget
The total volume of Egyptian subsidy on petroleum products is set to be raised to around 64 billion Egyptian pounds…
Local autos prices to jump 50% amid floating Egyptian pound: official
The prices of local and imported automotives would be increased by 50 percent and 15 percent respectively due to…
Trade ministry designs a strategy to hike Egyptian exports in 5 years
Egyptian trade ministry is currently designing a strategy to double the volume of state's exports during the coming…
Egypt’s exports to Turkey hike by 9.3% in six months: CAPMAS
Egyptian exports to Turkey reached 5.2 billion Egyptian pounds (US$585.5 million) during the first half of 2016…
Asia stocks hit 1-year high as soft U.S. data quells Fed hike talk
The dollar tumbled and Asian stocks rose to one-year highs on Wednesday after surprisingly weak U.S. services…
