Latest news
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Moody's downgrades five Egyptian banks
Credit rating agency downgrades five Egyptian banks for the second time in less than three months.
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Egypt President to learn diplomatic etiquettes
The grave protocol mistakes Mursi made were the main topic for a famous satirical show watched by millions both inside and outside Egypt.
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Turkish Airlines adds Red Sea resorts to their destinations
Turkish Airlines’s recent addition of Hurghada and Sharm El-Sheikh as new flight destinations is a good example of faith in Egypt.
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Morsi revives bridge project to connect Egypt and Saudi Arabia
The Saudi Binladin Group has given its final approval to a project to build a 33-kilometer-long bridge.
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Google: We want YouTube to stay open in Egypt
Google released an official statement in response to the court-ordered ban of YouTube in Egypt.
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Suez Canal revenue drops due to political violence
Experts attribute the decline in receipts to last month's outbreaks of political violence in Egypt's canal cities.
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Siemens will support development of Egypt's railways
Siemens Egypt plans to overhaul Egypt's outdated railway system and contribute to other sectors, once the political situation stabilises.
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Etisalat Misr and Huawei sign partnership agreement
Etisalat Misr partnered with Huawei as a key solution provider to cooperatively set the building units and roadmaps of the telecom industry.
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Egypt Islamist elite woos Mubarak tycoons as Mursi seeks funds
If they came home, the Mubarak-era tycoons would find a country in a state of political paralysis and economic decay.
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Samsung's most sold mobile devices in Egypt
Over 40% of the mobile device market in Egypt is dominated by Samsung – but which series and models actually sell most?
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Samsung Egypt files complaint over fake products
Egypt’s primary smartphone-provider said it sent a complaint to the Consumer Protection Authority about fake products sold on "some TV-channels".
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Diesel shortage pushes Egyptians to the brink
The situation appears near breakdown with growing shortages, unsustainable subsidies and foreign exchange reserves running out.
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Global Knowledge to Host Regional Bring Your Own Device Roadshow
BYOD: A Blessing or a Curse? Experts to give key insights on a four city roadshow across the MEA region
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Egypt cut for fifth time by Moody’s on political unrest
Egypt’s credit rating was lowered by one level to B3, New York-based Moody’s said today, putting it on par with Ukraine, Argentina and Nicaragua.
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Egypt, Turkey sign tourism partnership agreement
Egypt's Federation of Tourism Chambers and the Association of Turkish Travel Agencies sign partnership agreement to boost tourism.
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‘No attempt on my life’: Egypt’s Central Bank Governor
Hisham Ramez spoke to Al Arabiya saying “the armed attack was for the purpose of robbery, not assassination.”
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Twitter introduces pay-by-tweet service
Twitter users will be able to pay for products with tweets by using a new American Express payment system integrated onto the microblogging site.
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Egypt consumer confidence down by nine points
Egypt’s consumer confidence dropped to 94 points, outing itself as the most concerned nation about political stability worldwide.
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GACIC to promote Egypt's construction sector
The German-Arab Chamber of Commerce (GACIC) kicked off its project for Professional Qualification in the Egyptian Construction Sector.
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Dhunseri to start 1st phase of INR 9bn petrochemical plant in July
Kolkata-headquartered Dhunseri Petrochem and Tea Ltd plans to take its downstream petrochemicals facility in Egypt on stream by July this year.