Bourse gains EGP 8.7 bln, all indexes up

The Egyptian Exchange (EGX) gained 8.7 billion pounds this week as the market capital went up 1.0 percent to 836.2 billion pounds compared to 827.5 billion pounds in the previous week.

The EGX 30 benchmark index upped 1.08 percent to …

PM orders swiftly connecting utilities in governorates’ investment areas

Prime Minister Moustafa Madbouli gave directives to swiftly connect external facilities in all investment and industrial areas being established in governorates.

He ordered also starting the marketing process for these areas and providing the financial dues for the engineering authority …

PM stresses necessity to implement Robeiki Leather City on time

Prime Minister Moustafa Madbouli chaired on Thursday a meeting to follow up the implementation of the second and third phases of Robeiki Leather City’s projects, reaffirming the need to complete the projects on scheduled time.

The meeting was attended by …

FM, former US congressman discuss bilateral ties

Foreign Minister Sameh Shoukry conferred on Thursday with Steve Israel, director of the Cornell University’s Institute of Politics and Global Affairs and former congressman, on various aspects of the Egyptian-American relations.

Talks covered the necessity that US administration should continue …

UN rights office urges Egypt to halt death row executions amid torture allegations

Fifteen death row inmates have been executed in Egypt so far this month despite claims from many that they were tortured to secure a confession, the UN human rights office, OHCHR, said on Friday.

According to OHCHR, nine people were …