Latest news
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Egypt: Banks attracting Gulf investors
Two recently announced acquisitions have brought the banking sector back into the headlines on a positive note.
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Egypt's tourism minister: Webcams will prove we're safe
Egypt's tourism minister plans to install live webcams in holiday hotspots to prove the country's industry remains healthy.
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Iran to let in Egyptians without visas
Iran Foreign Minister said relations between the two countries, who broke ties in 1979, were improving "every day".
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Iran's Ahmadinejad seeks strategic axis with Egypt
Ahmadinejad said he had offered the cash-strapped Arab state a loan, but drew a cool response.
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Hisham Ramez calls for lifting ban on traveling with $10,000 to Egypt
Ramez met with the leaders of banks yesterday to discuss financing small and medium enterprises in the local market.
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Eni makes new oil discovery in Egypt
Two wells will be drilled in 2013 and production from each is estimated at 2,000 barrels of oil per day, Eni said.
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Microsoft introduces 4Afrika to improve continent's competitiveness
Efforts focus on accelerating adoption of smart devices, empowering SMEs, and up-leveling skills development to ignite African innovation.
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MENA second largest region for entrepreneurship
The Middle East and North Africa has seen the second-largest improvement for Entrepreneurship and Opportunity in the world in 2012.
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Egypt foreign reserves drop 10 percent in a month
Egypt's central bank says foreign currency reserves dropped nearly 10 percent in January compared to the previous month, dipping to $13.6 billion.
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World Bank's IFC acquires 18% of Fawry shares
Eng. Ashraf Sabry, CEO of Fawry Company, said on Monday IFC will acquire such stake through subscribing to the entire capital increase.
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Suez canal rate hike risks diverting ships round Cape - industry
Tolls paid by ships using the strategic waterway are an important foreign currency earner for Egypt.
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Egypt’s Central Bank agrees to sell both BNP Paribas and NSGB
The Central Bank of Egypt (CBE) agreed to plans discussed last week to sell both BNP Paribas and National Société Générale Bank (NSGB).
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Finance Ministry: State revenues up, but so is inflation
The total annual inflation rate rose to 4.7 percent last December, from 4.1 percent in the month before.
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Egypt says to finish revised economy plan next week
Egypt was waiting for concluding the revision of the economic and social reform programme, in light of the developments witnessed in Egypt.
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Egypt's tourism suffers
Because the government may be cooking the books, it has been difficult to get an accurate idea of how much tourism has declined.
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Internet users in Egypt reach 31 million
Internet penetration reaches 35.6 per cent in Egypt, and Facebook is the most popular website.
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"Egypt" most discussed country in social media 2012
Social media has been exploding with news about Egypt for the past year and Arabs were actively discussing the country’s developments.
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Google Science Fair looks for the next generation of scientists
Today, Google launched the third annual Google Science Fair to find the next generation of scientists and engineers worldwide.
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Egypt receives first batch of F-16s from U.S. as part of aid
Egypt receives four F-16 aircraft from the United States, the first of a group of 20 that will be delivered this year.
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Egypt central bank to announce forex auctions on Monday
The central bank did not say why it had cancelled Sunday's auction - one of three it had been holding each week for the last few weeks.