Latest news
-
Russia snubs Morsi's $2bn loan request
No agreement has been reached on a $2bn loan from Russia following President Mohamed Morsi’s visit to the country.
-
Lagarde: IMF 'will not leave table' on Egypt loan talks
The IMF will remain engaged in loan negotiations with Egypt but wants the international community to provide financing too.
-
Louis Dreyfus: possibility of participating in food-security program in Egypt
Louis Dreyfus Holding BV, a Dutch commodities trader, to more than double Russian grain-storage capacity.
-
Egyptian tourism chief warns fuel price hike will hit hotels
The head of Egyptian Tourism Federation has warned of pressure on hotel prices from the Cairo government's plans to scrap a subsidy on fuel.
-
Egypt nears deal to import Libya oil on credit in May-Officials
Cash-strapped Egypt is close to finalizing an agreement to import 600,000 barrels of crude from OPEC-member Libya in May on credit.
-
IMF chief says hopes for loan deal with Egypt
The head of IMF said more work is needed to conclude loan talks with Egypt but expressed hope that a deal can be struck.
-
President Morsi travels to Russia for business talks
On his first visit as Egyptian president, Morsi brings ministerial team along to discuss with Russian ministers.
-
President Morsi travels to Russia for business talks
On his first visit as Egyptian president, Morsi brings ministerial team along to discuss with Russian ministers.
-
Islamic Development Bank promises major investments in Egypt
The Islamic Development Bank plans to pump US$3 billion into the Egyptian market over the next five years.
-
When Diesel Fuel is just not enough
Diesel fuel, the main source of our electricity has been vanishing from sight and increasing in price – where’s the alternative?
-
Islamic Development Bank promises major investments in Egypt
The Islamic Development Bank plans to pump US$3 billion into the Egyptian market over the next five years.
-
Egypt’s $4.8bn IMF loan talks end without accord
Egypt and the International Monetary Fund failed to agree on terms for a $4.8 billion loan that could ease a worsening economic crisis.
-
Egypt's big-pocketed donor: the tiny Gulf nation of Qatar
U.S. money to Egypt “has been overshadowed of late by another big-pocketed donor: the tiny Gulf nation of Qatar", writes the Daily Beast.
-
CAPMAS: Number of tourists visiting Egypt increases by 12%
The report said that the Tourism Ministry has unofficially stated an increase in the number of tourists by 22% as of March 2013.
-
Unemployment ravages Egypt’s battered economy
Increase in numbers of jobless people is due to slowdown of economic growth in Egypt, in view of unstable political conditions.
-
Menaville Spa among the best 20 Spas in Egypt
Menaville Spa has been chosen among the best 20 Spas in Egypt in the Red Sea area by the Egyptian Ministry of Tourism
-
The Middle East's CEOs: What do they plan?
CEOs in the Middle East (ME) are more optimistic and believe that governments should primarily focus on improving the country’s infrastructure.
-
Egypt: Offshore oil, gas licences granted
Egypt had awarded contracts for a minimum investment of $1.2 billion (R10.9bn) in eight oil and gas prospecting projects.
-
Saleh: Egypt's Finance allocates EGP30 mln for Al Robeky project
The Industrial Development Authority (IDA) is in charge of following the completion of the rest units of the waste-water treatment project.
-
Egypt clerics pick holes in Islamic bonds law
The clerics are demanding the amendment of nine of 31 articles in the law, according to details of their objections.