Latest news
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Egypt stocks surge on OCI tax settlement
News of Egypt's largest company tax dispute settlement drove index up, despite failure of EFG Hermes-QInvest merger deal.
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Tourism in Egypt: Arab spring break
Two years of political upheaval have battered tourism, a motor of Egypt’s economy.
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Egypt's president says no more privatization
Egyptian President Mohammed Morsi says that there will be no further privatization of state-owned companies.
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Egypt's Finance Minister appoints adviser to lead IMF talks
Egypt's Finance Minister appointed his economic adviser Abdallah Shehata to manage negotiations with the International Monetary Fund.
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Germany pledges 172.6 mn euros for projects in Egypt
Cooperation agreement allocates funds to development projects in pollution reduction, water supply, sanitation facilities, private sector etc.
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ElBaradei says Egypt needs political consensus to heal economy
Egypt's government must seek political compromise to win broad support for a crucial IMF loan and revive the country's ailing economy.
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Should Egypt's businessmen use Samsung's Galaxy S4?
Samsung’s “Life Companion” Galaxy S4 might not be a must-have for an average Egyptian, but it does have beneficial treats for Egypt’s businessman.
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Egyptian official says Qatar’s $3 billion loan not received
Egypt has not received the promised $3 billion loan from Qatar, Al-Ahram quoted Egypt’s Minister for Planning and International Cooperation.
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Alcohol-Free Hotel Opens in Egypt Resort Town of Hurghada
A no-alcohol hotel opened yesterday in the Red Sea resort town of Hurghada, state-run Middle East News Agency said.
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Who Rules the Street in Cairo? The Residents Who Build It
The old neighborhood of Darb al-Ahmar in Cairo. A result of the revolution has been a frenzy of building, much of it improvised.
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Key Egyptian negotiator with IMF quits
A key Egyptian negotiator with the International Monetary Fund said on Sunday he has resigned as first deputy finance minister.
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Egyptian Tourism Minister Arrives In Manama
Egyptian Tourism Minister Hisham Zazou stressed that the situation in Egypt is stable and tourists can enjoy visiting his country.
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Next Step for real estate
Bringing real estate companies and customers together was one of the main aims of the Next Step Exhibition last week.
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Egypt stocks inch up amid poor turnover
Stocks make modest gains on day of low turnover and uncertainty over pending deals.
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Egyptian gov't, Chinese TEDA ink investment agreement near Suez Canal
The Egyptian government signed an investment agreement with Chinese TEDA corporation to develop part of a joint industrial zone near the Suez Canal.
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Morsi to visit Brazil in May
Final trip in series of BRICS member states visits: President Mohamed Morsi will visit Brazil next month for a two-day visit.
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Egypt casts wide net for billions to fill coffers
Egypt's president and members of his government turned to Russian President Vladimir Putin and asked for a sizable loan.
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Finance Minister Warns Against Risks of Budget Deficit
Minister of Finance El- Morsy Hegazy warned against the risks of not applying the financial reforms in the budget of the FY 2013-2014.
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Pharma Sales Engineer needed for Delta Medical
Attend sales visits for new customers with the Senior Sales Engineer introducing Delta Medical & its products & identifying customer needs.
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U.S. supports IMF loan for Egypt to stabilize economy
U.S. Treasury Secretary Jacob Lew on Wednesday expressed U.S. support for an international loan for Egypt to help stabilize the country's economy.