Latest news
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Egypt PM says IMF team to visit in last week of October
Egypt has been negotiating a $4.8 billion loan from the International Monetary Fund but has indicated it may seek to increase that amount.
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The long road back for Egypt tourism
Tourism officials have in the last few months engaged in an aggressive media campaign in Europe, the Arabian Gulf and other parts of the Middle East.
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Egyptian steel magnate Ahmed Ezz convicted
Ezz, once a prominent member of Mubarak's ruling National Democratic Party, was arrested in February 2011.
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Orascom celebrates the reopening of Taba International Marina
In an attempt to support the recovery of tourism, Orascom Hotels and Development reopened the Taba International Marina in Sinai.
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Egypt wheat buyer moves markets as he ensures bread supply
Once the granary of the Roman Empire, Egypt can no longer feed its modern population which is mostly crammed into the fertile Nile valley and delta.
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Opinion: What future for Egypt’s wealth?
Ayman El-Amir explains: Egypt is the largest consumer market in the Middle East, which Gulf trading companies can flood with consumer goods.
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Without IMF deal, investors wary of Egypt
A deal with the International Monetary Fund would lend vital credibility to the new Islamist-led administration.
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Egypt struggles to pay oil bill
The Oil Ministry is in the midst of negotiating new payment deals with the companies, which are among the leading investors in the country.
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Salafis lured as IMF aid beats AA debt: Islamic Finance
In times of extreme need, Hossam Aql, an Egyptian professor of Islamic studies said, Muslims are allowed to resort to non Shariah-compliant options.
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Citadel Capital announces positive, prosperous progress in 2Q12
Citadel Capital reported a 6.9% quarter-on-quarter rise in total invested equity as it began drawing down funds.
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What do Egyptians spend their money on?
An insight on Egyptian spending schemes and consumer behavior to help investors and entrepreneurs create their business models.
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Tension rises, but Israel and Egypt stick to economic pact
Despite its harsh rhetoric, the new Egyptian government is largely standing by to its trade agreements with the Jewish state.
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Novotel Cairo El Borg and Mercure Ismailia get award of excellence
Both Accor Hotels were awarded for their great service and unique features from the Ministry of Tourism.
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Muslim anger could spur economic growth
Events including Muslim Anger could spur leaders in North Africa to reassess their economic and security policies.
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Poster contest in Egypt to remember Mahatma Gandhi's teachings
Indian Ambassador Navdeep Suri and renowned Egyptian artist Mohamed Abla jointly garlanded Gandhi's bust at a ceremony.
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Egypt to raise power supply to Gaza in two weeks, Minister says
The North African country is currently providing Gaza with 22 megawatts of power capacity, Balbaa said in an e-mailed statement.
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Egypt talks on $4.8 billion deal with IMF delayed
Egypt was due to receive a team from the International Monetary Fund at the end of September to discuss the terms of the loan.
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UAE, Morocco banks bid for BNP’s Egyptian arm
The sale is expected to generate as much as $500-million for the French lender, said one banking source speaking on condition of anonymity.
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Partner Technical Consultant needed for Microsoft Egypt
Telephone-based Partner Technology Consultant (TPTS) group is responsible for assisting partners in winning deals for Microsoft Egypt.
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Telecom Egypt appoints a new Chairman
Omar El Sheikh has extensive industry experience stretching over 36 years with a particular focus on telecommunications and information technology.