Egypt’s business digest Sept. 24: Petroleum Min. signs 3 deals for natural gas, oil excavation; main EGX index declines by 0.82% last week
Traders work at the Egyptian stock exchange in Cairo, Egypt, December 3, 2015. REUTERS/Mohamed Abd El Ghany

CAIRO: No more browsing from site to site, view the top business news stories on Sept. 24 here:


Main EGX index declines by 0.82% last week 

The main Stock exchange index EGX30 has seen a decline by 0.82 percent during last week’s transactions, Youm7 reported.




6K job opportunities offered at ministry’s employment hub

Ministry of industry opened Saturday an employment forum to provide 6,000 job opportunities.


Thousands of youth have flocked into the forum to fill the registration documents.





USD exchange rate ‘stable,’ reaches 8.88 EGP

The USD exchange rate has been stable against the Egyptian Pound, where it reached Saturday 8.88 EGP for sale and 8.85 for purchase. Euro exchange rate reached 9.95 EGP for purchase and 9.98 EGP for sale.




Petroleum Min. signs 3 deals for natural gas, oil excavation

Ministry of Petroleum has signed three agreements with Italian Company Eny and British Petroleum for natural gas and oil excavation in Nile Delta.


The three deals stipulate investments of $595 million at the excavation sites.


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