Latest news
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Nielsen: Egyptians most worried about economy, not politics
Egypt ranks among the top 10 countries that believe they will be out of recession within the next year, as 39% are worried about the economy.
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Activists launch campaign for Egyptian workers demands
Setting a wages ceiling and baseline, and rights to organise in free unions, are among Egyptian workers' main demands.
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World Bank to set aid plan for Egypt
Egypt’s investment minister, Osama Saleh, met with a delegation from the World Bank to discuss an aid plan.
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Finance Minister: New taxes not to be imposed
The ministry’s role is to achieve justice between businessmen and the tax authority without doing any harm to the state's rights.
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Egypt’s central bank makes surprise interest rate cuts
The Egyptian central bank unexpectedly lowered its main overnight interest rate by 50 basis points at a monetary policy committee meeting Thursday.
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Egypt court annuls Omar Effendi privatisation
Appeal Court declares 2006 sale of historical department store Omar Effendi void.
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Egypt’s central bank makes surprise interest rate cuts
Egypt’s central bank unexpectedly lowered its main overnight interest rate by 50 basis points at a monetary policy committee meeting on Thursday.
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Egyptians have chosen rebuilding the economy over rebuilding democracy
To the populace, Morsi and the Muslim Brotherhood have failed in rebuilding the economy.
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Samsung's 2013 range of Smart TVs in Egypt
Samsung's Smart TV is now even more responsive to the user's wants and needs.
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Egypt Minister attributes Tourism decline to bloodshed
Minister of Tourism is currently contacting foreign embassies to remove the travel ban on Egypt through maintaining that it is a safe country.
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Who are Egypt's millionaires 2013?
Egypt has seven known billionaires, according to Forbes Middle East – but what about its most prominent millionaires?
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Egypt diverts gas from factories to power plants
Daily consumption of power plants rose by 4 million cubic meters of gas and 2,000 tonnes of fuel oil.
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State employees to get 10% raise
The raise of 10% will be added to the basic wages, and will not be subjected to taxes or additional fees.
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Moody's downgrades Egypt's Bank of Alexandria
Credit rating cut follows downgrade of parent bank Intesa Sanpaolo which weakens likelihood of support for Egyptian bank in the midst of unrest.
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Why U.S. aid to Egypt is here to stay
Rand Paul's attempt to stop aid to Egypt likely to fail today in the Senate.
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Oil companies decline to sign PSC for Egypt blocks
Citing changed circumstances and the unstable conditions prevailing in Egypt, the companies will not be signing the production sharing contracts.
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Egyptian exports boom despite crisis
Egypt’s export sector accounts for only slightly more than 10 percent of the overall economy.
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Egypt receives 6 fuel shipments from UAE
Shipments of diesel, petrol and mazut are part of the aid promised by the UAE after Morsi's ouster.
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Turkish Foreign Ministry refutes claims of hung-up deals with Egypt
Egyptian-Turkish agreements that are already in effect will remain in effect, noted the foreign ministry statement.
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Xceed: the first company in Egypt to achieve ISO 22301
Xceed is proud to be the first company in Egypt to have gained ISO 22301 certification in business continuity management.