Latest news
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Egypt nears $4.8b IMF deal
The IMF is verifying numbers with the government regarding the programme and they are in late stages of verifying all the numbers.
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StartUp Cup Cairo proceeds with 25 teams
After the Build-A-Business Workshop, mentors and judges have selected 25 teams that will pitch their ideas to a panel next month.
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Egypt's Mursi severs relations with Syria
Mursi told thousands of Islamist supporters in a Cairo stadium for a "Support for Syria" rally that he would cut diplomatic ties with Syria.
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EgyptAir lost estimated $185 million in last year: Ministry
EgyptAir’s losses for the year ending this month were mainly due to an increase in fuel prices, the devaluation of the Egyptian pound and strikes.
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Only politics can save Egypt's economy
There are several reasons for Egypt’s economic woes and conundrums, as well as the inability to sign the agreement with the IMF.
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Egypt's wheat harvest becomes mired in politics
Experts and famers are raising doubts that the wheat harvest will meet government predictions this year.
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Egypt to auction luxury gifts received by officials
Following direction that government officials cannot accept gifts valued above USD100, FinMin organizes first ever public auction of gifts.
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Egypt targets 13 million tourists in 2013
Minister of tourism expresses optimism in tourism sector, barring 30 June violence.
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Egyptian pilots stage protest, disrupt flights
Egypt Air official Ahmed Shahin says Thursday's protest was designed to press demands for changes in the company's top management.
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Egypt Tourism Minister calls for peacefulness of June 30 protests
"If the June 30 protests are peaceful, that will convey a positive picture of Egypt to the world and boost the tourism movement," Zazou said.
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Egypt's FX woes morph into MSCI headache
In its 2013 annual market classification review, MSCI noted a lack of foreign currency in Egypt.
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Investors in Egypt having currency problems: MSCI
MCSI might be forced to launch a public consultation with the investment community on Egypt's potential exclusion from its Emerging Markets Index.
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Egypt Central Bank suspends deposit operations, brings back repos
Repos add liquidity to the banking system while deposit auctions drain it.
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‘Egypt possesses no economic vision’
Chairman of the Canadian Chamber of Commerce criticises Egypt’s lack of economic policy.
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StartUp Cup Cairo announces its top 58 teams
Cairo’s StartUp Cup 2013 announced the 58 teams that made it to the first session.
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Energy-short Egypt faces long, hot summer
The country's budget deficit has widened, the Egyptian pound has weakened, and investors have taken fright.
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Dubai bank ENBD completes purchase of BNP’s Egypt arm
The UAE bank is now awaiting the necessary approvals to buyout the remaining minority shareholders in the Egyptian business.
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Highway linking Sudan and Egypt to be inaugurated in two weeks
Arrangements in Khartoum and Cairo are on the fast track to inaugurate the east Nile highway linking Sudan and Egypt in two weeks.
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Egypt warns Ethiopia over Nile dam
Mohammed Mursi said that Egypt is not calling for war but his country is “ready to defend” its water security.
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BlackBerry's Global Women's Initiative looking for Middle East applicants
Programme designed to inspire more women to enter and develop careers in the fields of Science, Technology, Engineering and Math.