Latest news
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Facebook Nears A Billion Members: Fun Facts
Facebook now has 901 million monthly active users & those users upload 300 million photos and make 3.2 billion likes & comments daily.
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Qatar’s Mannai, Egypt’s EFG Hermes win control of Mideast jeweler Damas
The companies have received support from 78 percent of shareholders, giving them enough support to complete the deal.
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International trade: Civets economies
Bored of Brics, the next emerging market wheeze is the Civets economies. What are they and how can FDs exploit them?
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Intel® launches 3rd Generation Core Processors at ICT 2012
World's First 22nm Quad-Core Processors Bring Up to Twice the Visual Performance for Unmatched Overall PC Experiences.
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Iraq inks $363 mln power deal with Egypt's Orascom: electricity min
Egypt's Orascom Construction to build a 1,014 megawatt gas power plant in northern Iraq.
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Second UNWTO International Conference on Tourism and Media in Marsa Alam
The conference will emphasize Egypt's pioneering position as a host to the most important historical, cultural, and artistic events in the region.
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Egypt's 'no' to cuts risks IMF loan
The IMF requires consensus within Egypt's leadership on an economic plan before the lender agrees to release the funds.
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Alliance Storage Technologies & Nile Integration present IT-solutions at ICT 2012
Alliance Storage Technologies along with their partner, Nile Integration, are poised to discuss industry best practices and scalable solutions.
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EFG Hermes, QInvest agree merger terms
The merger between the two is intended to create an investment bank covering the Arab world, Africa, Turkey and southeast Asia.
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Rising anger as fugitive Egypt minister 'roams free' in London
Sentenced to 30 years in absentia by a Cairo court, Youssef Boutros-Ghali is living free in the UK despite Interpol's call for his arrest.
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AfDB Helps Egypt Meet Growing Energy Demand
The project involves the construction of a new 750 MW combined cycle power generation module at the El-Kureimat Power Plant complex.
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'Crony capitalism' undermines Egyptian food security
The number of Egyptians who live on less than 12 Egyptian pounds (Dh7) per day is more than 40 per cent of the total population.
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Hopes for a new Egypt marred by pervasive corruption
Pervasive corruption - petty & on a grand scale - was one of the main grievances that brought Egyptians onto the streets to topple President Mubarak.
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Calgary’s Sea Dragon Energy strikes oil at Egypt well
The Africa-focused company struck oil in the Al Baraka oilfield in Kom Ombo concession.
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Egypt’s ON TV receives kidnap threats from Jihadist Group
The group threatened to kidnap popular program hosts Reem Maged and Yousri Fouda and ask for 20 million Egypt pound ransom ($3.2 million).
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Inside Egypt's bustling start-up scene
Despite the economic uncertainty and social unrest in Egypt, tech start-up investors are finding plenty of promising options.
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Qatar Commits $400 Million to Help Egyptian Refinery, MEED Says
State-run Qatar Petroleum is providing $300 million in equity, and Qatar National Bank is providing $100 million in loans.
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Egypt army pledges LE400 mln in Sinai development to mark liberation day
Military uses the 30th anniversary of Egypt's regaining of the peninsula to announce plans for new housing, industrial and infrastructure projects.
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Not just payments behind Egypt gas halt to Israel: consortium
The Egyptian oil and gas companies are substantially indebted to EMG as a result of the penalties they have incurred.
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World Bank shows surge in cash remittances to Egypt, Libya
The reasons for an upward revision to Egypt’s data in 2010 by US$ 4.7 billion and 2011 by US$ 6.2 billion are not obvious.