Latest news
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Egypt Dollar Bonds Fall on Concern U.S. May Cut Off Military Aid
The yield on the nation’s 5.75 percent notes advanced five basis points, or 0.05 of a percentage point, to 7.29 percent.
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Telecom Egypt sees businesses investing again
Telecom Egypt reported fourth-quarter net profit of 584 million Egyptian pounds ($96.8 million), up 0.5 percent from a year earlier.
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Egypt shares surge 2.5 pct on upbeat financial results
Better-than-expected earnings for Telecom Egypt and Commercial International Bank fuel an uptick in trade, sending the main index surging green.
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Telecom Egypt says 2011 net declines 6.8 pct
Earnings before interest, tax, depreciation and amortisation were 4.55 billion pounds, down 2.4 percent from a year earlier.
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Doubts over Egypt's $3.2bn IMF loan
This week, Momtaz El Saieed, Egypt's finance minister, said the country expected to sign the loan agreement with the IMF next month.
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Egypt currency depreciation further blow for economy: Experts
Egypt's heavy dependency on overseas goods would mean added woe for already squeezed consumer.
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EgyptAir Increases Sales Commission for Agents in Australia
The increase applies for published fares sold on Egyptair international sectors.
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EU opens door to 'debt relief' for north Africa
European governments have opened the way for a radical offer of "debt relief" for Arab north African and Middle Eastern neighbours, incl. Egypt.
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Greece & Egypt to resume talks on the delineation of an offshore economic exploitation
Greek Foreign Minister and his Egyptian counterpart agreed to launch a fresh round of contacts between experts from both countries.
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Egypt's CIB says 2011 net profit fell 20.1 pct
The decline in profit was "primarily driven by much higher provisions" taken "as a pre-emptive measure to cope with the on-going economic upheaval".
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Huge confidence from the Egyptian market created Emaar Misr's success
Emaar Misr announced that work on its projects in the heart of Cairo, in New Cairo and on the Sidi Abdel Rahman Bay is progressing strongly.
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ETF and TVET Reform Programme Sign MOUs With City & Guilds in Hospitality & Tourism
Egyptian partners will benefit from the exchange of expertise and knowledge transfer in the field of technical assistance and consultation.
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Concentrating Solar Power in Egypt
Until now, Desertec has been seen by many observers as little more than a mirage; the fanciful plan of well-meaning dreamers.
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Telecom Egypt Goes Live With Ascade's Routing Solution
Telecom Egypt can now automate and optimize international voice traffic management including the analysis of the supplier Carrier offers
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South Sudan: Egyptian Pharmaceutical to Establish Factory in Country
An Egyptian delegation explored ways & means of establishing a factory for manufacturing pharmaceutical products in South Sudan.
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2012 breathes confidence into real estate market
Moving Cityscape Global real estate summit from Dubai to Cairo this year demonstrates the preeminence of the Egyptian property market.
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QNet: Making Your Own Decision
The booming trend that is network marketing has left people on both sides of the fence. Is it really black and white?
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Egypt says to offer citizens abroad $2 bln in CDs
The government has been looking for ways to finance budget and balance of payments deficits that have widened dramatically.
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Egypt’s FIHC Buys Soybean Oil, Sunflower Oil at Tender
Food Industries Holding Co. paid 7,275 Egyptian pounds ($1,205) a metric ton from Wataneya, for the soybean oil.