Industrial growth rate registers 6.9% in Q3 FY 2013/2014: Abdel Nour
Investments in industry valued at EGP 30bn in FY 2013/2014, $4.8bn in foreign investments
Budget under review, hearing to be held Wednesday: PM media adviser
Cabinet to hold weekly meeting Wednesday, Prime Minister to hear ministers’ proposals on budget development
Al-Sisi asks Egyptians to ‘sacrifice’ for sake of the economy
Al-Sisi also addressed his salary, EGP 42,000, saying that this is the maximum wage and that he “won’t take half of it”.
Court postpones AUC detainees ruling
Students were charged with belonging to a terrorist organisation, planning to kill a police officer, and blocking traffic
Central Bank of Egypt establishes ‘Long Live Egypt Fund’ to support economy
Fund will use account number 037037 in reference to the date of former president Mohamed Morsi’s ouster
Abraaj open to offers for shares of Cairo Medical Centre, Cairo Investment and Real Estate Development (CIRA): Managing director
Abraaj Capital Group is monitoring new direct investment opportunities to acquire companies in different sectors, counting on political stability
Hotel occupancy on North Coast rises to 70%: Chamber of Hotels Official
One week before Ramadan, hotel occupancy on North Coast at 70%, rates fall to 15% during first week before rebounding
Government negotiating with foreign partners to adjust price of gas from $3 to $4 per 1m BTUs
Decreased gas production is result of slowdown in partners’ development and exploration of wells in light of increasing operation costs
Al-Sisi refuses to approve current draft for state budget, citing debt
President says that assistance from Gulf States was the reason Egypt survived the past 10 months
Court orders hunger-striking detainee back to hospital
Soltan on hunger strike for over140 days to receive medical care