Latest news
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Egypt tourism minister resigns over Luxor governor
Prime Minister Hesham Qandil has refused Zazou's resignation and asked him to remain in his post until the situation is reviewed.
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Egypt current a/c deficit to March $3.9 bln
Net inflows of foreign direct investment (FDI) rose slightly to $1.4 billion compared to $1.2 billion in the nine months to end-March 2012.
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CBE urges Egypt banks to keep extra cash in run-up to 30 June rallies
In advance of upcoming 30 June anti-govt rallies, CBE tells local banks to keep extra cash on hand to avoid possible currency shortages.
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How Google Chrome can manage your finances
Google Chrome is the world’s most popular web browser, according to Top Ten Reviews, and it can help its users manage their finances.
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Share volumes at five-year low
Egypt’s benchmark stock index is the world’s worst performer so far this month with a 14 percent decline.
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EU’s 1bn euro aid to Egypt ‘ineffective’, says audit
European Union support for improved governance in Egypt overall was “well-intentioned but ineffective,” said the European Court of Auditors.
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IFC offers new $400m fund for SMEs in the Arab world
Support for small businesses continues to pour into the Arab world.
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EU aid for Egypt 'hampered by public finance management weaknesses'
The EU spent around €1bn on aid to Egypt between 2007 and 2013.
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Opinion: 30 June business risks
Businesses are trying to predict what the 30th of June means for them.
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Google partners with co-working space Library Giza
Google announced today its support of The Library Giza, a new co-working space for entrepreneurs in Egypt.
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Egypt investment minister aims for 7 percent growth in two years
The Finance Minister said he would work out reconciliation agreements with business people who had fled abroad or were suffering legal problems.
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Uganda to construct a 600 MW dam on the Nile River
The Chinese government offered to finance the Ugandan Dam project on the Nile.
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Iraq to supply Egypt, Sudan with petroleum on credit
Baghdad agrees to provide both Egypt and Sudan with crude oil to be purchased on credit, Egyptian state media reports on Monday.
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Egypt tourism minister looks to boost tourism
Egypt’s minister for tourism HE Hisham Zaazou recently highlighted the futuristic Semiramis Pavilion meeting centre.
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Palm Hills plans $85.8 mln rights issue
Palm Hills is seeking to offer 600 million pounds worth of shares to existing shareholders at their nominal value of 2 pounds per share.
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Egyptian currency expected to depreciate
The Egyptian pound on Saturday slid to record low against Western currencies in ten years.
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New governor of Luxor shock to some inside Egypt
The new governor is affiliated with the Gamaa al-Islamiyya, a group that renounced violence in 2003 and joined the political process post-revolution.
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Cairo’s gas stations turn into paid car parks amid fuel crisis
Some of Cairo’s gas stations have been temporarily turned into paid car parks, in an attempt to drum up business amid a squeeze on fuel supplies.
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Egypt foaming over beer sales
Public consumption of alcohol soaring, party scene expanding despite economic and political situation in Middle Eastern country.
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Infographic: Internet usage in Egypt and the Arab World
Egyptians mainly use the internet to post pictures and 94% of the Arab World’s online users are on Facebook, whereas 46% are on Google+.