Latest news
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Egypt CIB's fourth-quarter net profit rises 7 pct
CIB said in a statement it made "record" revenue of 5.34 billion pounds for full-year 2012, and net income of 2.23 billion pounds for the full year.
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CBE's power struggle with the MB?
Central Bank of Egypt Governor Hisham Ramez assured that the International Monetary Fund could not control the exchange rate of the Egyptian Pound.
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Amer Group to implement $250 mln project in Jordan
Jordan’s Prime Minister Abdullah Ensour said the government is committed to facilitating the implementation of the tourism project.
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Egypt signed debt deals with Malaysia's Petronas, BG Group
Oil producers working in Egypt are estimated by Exclusive Analysis to be owed $9 billion.
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Analysis: Egypt in political clinch as economic cliff looms
Subsidised diesel fuel and fertilizer are in short supply, while the cost of subsidies is swelling the budget deficit.
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Egypt to start rationing subsidized fuel in July
Egypt's government is in the process of reforming subsidies in order to cut its budget deficit and secure a $4.8 billion loan from the IMF.
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SA Ambassador urges increasing trade, investment with Egypt
Morsi had accepted President Jacob Zuma’s invitation to attend Brics Leaders of Africa Dialogue in March.
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Egyptian flooding washes away Gaza tunnel business
The network of tunnels has been a vital lifeline for Gaza, bringing in an estimated 30 percent of all goods for the city.
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October Bridge's empty billboards
Billboards on so-called “advertising boulevards” are empty – Egypt Business Directory is looking at the possible causes.
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Fresh blow to media plurality as Egypt Independent announces closure
The team has been promoting their subscriptions service in part by creating a Facebook event to encourage their readers to subscribe to their issues.
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Egypt's alcohol ban raises tourism doubts
Tourists have been reassured about the future of Egypt as a tourist destination after authorities moved to restrict the sale of alcohol.
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Dollars start running out for Egypt's currency bureaus
Foreign exchange offices can only supply 20% of the US dollars for which they receive orders.
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Egypt currency has further to fall: business leader
Egypt has begun devaluing its currency to help revive the economy and meet the conditions of an expected IMF loan.
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Egypt uncovers more Mubarak-era assets in UK
More financial assets belonging to Mubarak regime figures are discovered in London amid ongoing efforts to trace, repatriate pilfered public funds.
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New company to handle Ain Sokhna Port, strike ends
The striking laborers will be employed in the new company, which will partly be managed by the Ministry of Transportation.
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Orascom provides training to the Chambers of Commerce member-companies
The Egyptian Federation of Chambers of Commerce will receive an IT and language training by Orascom Training and Technology.
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Morsi's son applied for job starting at $133 per month
Head of Egypt aviation company says president’s son applied for job starting at $133 per month, not $5,000.
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Morsi's applied for job starting at $133 per month
Head of Egypt aviation company says president’s son applied for job starting at $133 per month, not $5000.
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Railway plans on track
The Egyptian government may look to spend up to LE45bn ($6.68bn) on upgrading the national railway network.
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Prime Minister: IMF praises our plan for recovering economy
Qandil said that the IMF delegation will be invited during this month to resume the negotiations on the IMF loan which hit $ 4.8 billion.