Latest news
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Egypt 2nd biggest exporter of citrus fruits
With 750,000 tons of citrus-exports, Egypt ranks 2nd worldwide, right after South Africa with 930,000 tons.
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Egypt’s Orascom Telecom Q1 net loss $ 204 m in 2013
Revenues were $849 million for the quarter, a decline of about 1 percent year on year, it said in an earnings statement.
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Egyptian economy in shambles
The lack of security has devastated the Egyptian economy, which was already teetering.
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Shell sells downstream assets in Egypt to Total
Shell Marketing Egypt is being sold for an undisclosed fee with staff in the entity not involved in the lubricants activities.
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Egypt court releases Mubarak-era tourism minister pending retrial
Former tourism minister Zuhair Garana released pending retrial in corruption cases.
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Egypt's Orascom Telecom says it rejects Altimo's buyout offer
A statement by Orascom said that an independent financial adviser had put a fair value on Orascom's shares of $0.86 per share.
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Telecom Egypt profit drops as economy hurts calls abroad
Egypt’s economy is expected to expand 1.4 percent this year, the slowest increase since 1992, analysts at HSBC Holdings Plc estimate.
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The Suez Canal Corridor: What's the plan?
The Egyptian government planned a project to develop the Suez Canal Axis and is calling for investors to pitch in. Here is their plan.
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As Egypt's Tourism industry languishes, antiquities under threat
Since the January 2011 Revolution, Egypt has been suffering social and political unrest, and its tourism industry has been hit hard.
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Barclays Egypt launches Africa Graduate Development Program
The bank has announced in statement that it allocated 1 million EGP for the program.
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Arab Media Forum to examine industry in ‘Bassem Youssef era’
A panel held on Wednesday will examine the role of satire in the media.
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Egypt wants Turkish businessmen to invest in Suez Canal
Kandil asked Turkish businessmen not to see Egypt as a single country with 85 million people but as the door to billions of people in Africa.
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YouTube announces first MENA Comedy Week
YouTube collaborated with Pan-Arab multi-channel network “Kharabeesh” to bring together the biggest comedy names in MENA.
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Arrests of eight managers from online marketing companies
Alleged ‘pyramid scheme’ companies managed from Egypt, India, and Sudan.
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Telecom Egypt says Q1 revenue up 1.4 pct, beats forecasts
Telecom Egypt posted a net profit of 858 million Egyptian pounds and earnings before interest, taxes, depreciation and amortization of 947 million.
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Egypt's top 5 search engines
Where do Egyptians look when they seek general information?
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Egyptian assembly approves higher taxes on the wealthy
Income inequality was one of the issues that sparked the uprising that ousted autocratic president Hosni Mubarak in 2011.
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Samsung factory in Upper Egypt to open in June
Trade Minister Hatem Saleh says Samsung factory in Beni Suef will begin production in June.
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Egypt receives $3 bln Qatari deposit
The funds will remain with the central bank until Egypt’s Finance Ministry issues bonds of the same value to Qatar.
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Egyptian official calls for expansion of tourism ties with Iran
Iran and Egypt should make their utmost efforts to hold tourism exhibitions in a bid to demonstrate their potentials in the sector.