Latest news
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Lawmakers push to restructure Egypt aid
Five senators - four Republicans and one Democrat - offered separate amendments related to the aid.
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YouTube allows monetization to users in MENA
Users in Egypt, KSA and UAE can monetize their original content and generate revenue from their YouTube videos.
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Egypt-Algeria: Business Renaissance wanted
Businessmen are planning on establishing an industrial zone within Algeria in an attempt to create and pursue increased opportunities for investment.
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Election uncertainty to negatively effect Egypt’s economy: Standard Chartered
The low level of reserves is making it harder for the Central Bank of Egypt to manage the exchange rate, Standard Chartered’s report concluded.
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Trade on agenda as Egyptian President Morsi goes to India
Egyptian President Mohamed Morsi arrives Monday on a three-day visit, after a short stopover in Islamabad.
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IMF says talks constructive on possible Egypt aid deal
The IMF has said Egypt needs to take bold, immediate action to address its economic problems and has raised the possibility of stop-gap funding.
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Is creativity the solution for the Egyptian economy?
Left-brain linear, analytical computer-like thinking is being replaced by right-brain empathy, inventiveness, and understanding.
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The 20 businessmen accused of stock market manipulation
General Prosecutor Dr. Talaat Ibrahim ordered the freezing of assets of 23 Egyptian and Saudi Arabian businessmen.
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Finance authority will no longer approve global depository receipt acquisitions
New regulations from Egyptian Financial Supervisory Authority will not apply to OCI’s recent deal with OCI NV.
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Egypt moves to help foreign investors repatriate funds
The central bank said it had decided to restart and broaden a mechanism helping foreign investors to repatriate their funds.
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Egypt's court acquits Mubarak's tourism, housing ministers of corruption
The two ministers used to serve under ousted President Hosni Mubarak and were both accused of profiteering.
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Egypt official explains reasons behind WEF tourism report
Ministry of Tourism official report outlines reasons behind Egypt’s fall in travel ranking by World Economic Forum.
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CBE launches initiatives for encouraging Tourism, Industry, Investments
The CBE envisaged an incentive package with the aim of supporting investors on the part of the banking sector.
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Feeling the squeeze - Business in Egypt
The Sawiris family, who are Coptic Christians, have been at odds with Mr Morsi’s Muslim Brotherhood-led government since Egypt's revolution.
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EU: No aid to Egypt unless it promotes reforms
MEPs decided to withhold financial aid from Egypt unless it proceeds with reforms.
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Egypt President coming to India
Economic engagement between the two countries has been growing despite the tumult in Egypt.
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Egypt stocks hit three-month low as OCI shares plummet
Foreign investors engage in heavy selling of Egyptian stocks on Thursday as OCI tax dispute remains unresolved.
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$ 6.7 bn to provide oil products in 8 months
In statements on Monday, the Minister of Finance said that these funds aim at securing oil products in the country.
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Egypt: Last place on tourism safety list
A Tourism Ministry official said the results of the World Bank report were not a surprise, given the turmoil but also the survey’s methodology.
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US to export wheat to Egypt
The move comes as concerns rise among creditors over Egypt's ability to meet its commodity needs through traditional methods.