| 5/21/2012 - Prime Minister Kamal al-Ganzouri approved to set up a new airport in Ras Sedr, with a total cost of approximately LE 600 million. Ganzouri called for building the airport through an Egyptian joint sto... |
| 5/21/2012 - Dr. Mahmoud Eissa Industry and Foreign Trade Minister witnessed the signing of a protocol to establish a sodium carbonate project with a production capacity of half a million tons annually. The plant ... |
| 5/21/2012 - Dr. Farouk Al Oqda Governor of the Central Bank (CBE) affirmed that Egypt is not in need for the international monetary fund (IMF) loan of $ 3.2 bn, adding that he did not visit Washington for this pu... |
| 5/21/2012 - Electricity Minister Hassan Yunis presided on 20/5/2012 over a general assembly meeting of the Egyptian Electricity Holding Company to address future activities and the 2012/13 budget whose investment... |
| 5/22/2012 - The growth rate has risen for the first time after January 25th Revolution to reach 5.2 per cent in the third quarter of the current fiscal year compared to 4.3 percent in the same period of fiscal ye... |
| 5/22/2012 - The Egyptian Stock Exchange recovered LE 3.5 billion during the close of trading on 21/5/2012, backed by Egyptian and Arab purchases. The benchmark EGX 30 index was up 1.8 percent to 4878.37 points. T... |
| 5/22/2012 - Egypt's trade balance deficit climbed by an annual 9.8 per cent to reach LE17.2 billion in January 2012, according to official figures cited by Ahram's Arabic gate. The country's trade balance deficit... |
| 5/22/2012 - Saudi Arabia's Finance Minister Ibrahim Al-Assaf said in a speech that the OPEC country was in the process of finalising its $2.7-billion aid package for Egypt. The funds are aimed at helping Cairo se... |
| 5/22/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, held meeting to review situation of various projects attracting investment, in attendance of Ministers of Planning and Agriculture, Head of the General Authority... |
| 5/23/2012 - Minister of Trade and Industry Mahmoud Eissa asserted the Egyptian government's keenness on solving all problems facing companies investing in Egypt to achieve balance between all parties concerned. <... |
| 5/23/2012 - Minister of Transport Galal Mustafa Saeed said on 22/5/2012 that the total budget of the Transport Ministry in 2012/2013 reached LE 11.6 billion. The first part of the ministry's budget, LE 7.5 billio... |
| 5/24/2012 - HSBC Bank Egypt SAE, operating under the investment law and capitalized at L.E. 2,078 million, fully paid up, has posted for the first quarter of 2012 about L.E. 431.3 million net profits before taxes... |
| 5/25/2012 - Prime Minister, Dr. Kamal Al-Ganzoury, held meeting with head of the leather tanning chamber and members of the chamber, in attendance of the Minister of Industry. The meeting tackled problems of the ... |
| 5/25/2012 - Governor of the Central Bank of Egypt (CBE) Dr. Farouk El-Oqda said that the growth rate of total deposits recorded 89.4% in last January, where the household sector deposits reached 7.77% of total de... |
| 5/25/2012 - The Egyptian Stock Exchange continued to make profits on the second day running on the final day of voting for the presidential elections to garner in two days 5 billion pounds at the close of trading... |
| 5/25/2012 - Egypt's economy began to recover and return to its normal growth rates in the third quarter of the Fiscal Year 2011/2012, the Planning Ministry said on 24/05/2012 in a report. In the report, which cov... |
| 5/25/2012 - Minister of Finance Momtaz al-Saeed has said that he expects the Egyptian economy to thrive spectacularly after the presidential election and restoring political stability. Saeed told MENA after casti... |
| 5/26/2012 - Finance Minister Momtaz al-Saeed on 25/05/2012 said that total subsidy for bread hit EGP16.2 billion in the State budget this fiscal year 2012/2013, subsidy for purchasing wheat from farmers also hit ... |
| 5/26/2012 - The Egyptian Stock Exchange (ESE) gained up to EGP 4.4 billion during last week's trading on the backdrop of presidential elections that kicked off on Wednesday and lasted until Thursday. The gains we... |
| 5/27/2012 - Minister of Finance Momtaz al-Saeed decided to swiftly earmark EGP500 million to the Ministry of Supply and Trade as a fourth batch to finance purchase of domestic wheat. The aggregate funds transferr... |
