Latest news
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Iran proposes Egypt as venue for nuclear talks with world powers
Iranian Foreign Minister Ali Akbar Salehi said Egypt welcomed the proposal and was in contact with the six powers on the issue.
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Qatar Leaks: The business of Egypt's affairs
What Qatar offered Egypt in terms of financial assistance is little more than loans with interest in return for giving the Qataris incentives.
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Allianz denies Egypt exit claims
“We are not exiting the Egyptian market, as rumoured,” Allianz CEO Udo Kruger, said emphatically.
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Hilton Hotels & Resorts to open second hotel in Alexandria
The new 158-room Hilton Alexandria Corniche, a conversion property, is expected to open as a Hilton branded hotel in 2013.
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Egyptian women and the "liberating" internet
In the year 2002, Egypt’s internet penetration exceeded 1%, and although this was over 10 years ago, only 32% of women today have internet access.
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Feature: ‘No glimmers of hope’
Two years after Egypt’s revolution, an economic crisis looms, says Time Magazine.
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UAE's MAF to start building Mall of Egypt next month
MAF Holding CEO Iyad Malas on Tuesday said he was confident in the Cairo market and the company would persist with the project.
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The ugly truth of Entrepreneurship
Thinking of escaping the rat race? Want to enjoy the financial freedom? You would love people to call you an entrepreneur?
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Egypt's Economic Prospects 2013
Egypt’s GDP growth is expected to rise to 3.8% in Fiscal Year 2013 – 2014, whereas by 2014 – 2015 it will rise to 4.7%.
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Official: Tourism should recover in 2013
The nation’s tourist destinations are "completely safe for tourists, and have not been affected by the political events,” Selim claimed.
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Polio virus found in Egypt linked to Pakistan: officials
Two sewage samples from Cairo were analysed and found to resemble a recently discovered strain in the Pakistani city of Sukkur.
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Egypt offers $75 mln at latest forex auction
The Egyptian pound has weakened by more than 6.5 percent on the interbank market since the first auction at the end of December.
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Gulf banks look for acquisitions in Egypt and Turkey to grow
As protests flared on the streets of Egypt last month, senior bankers from two GCC lenders were inking deals to snap up large banking units in Egypt.
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Qatar to invest in Suez Canal
Qatar disappeared from the political scene in Egypt for a few hours only to reappear, this time with its best face on: the economic one.
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Uranium discovered in Egypt
Because uranium is considered an important strategic raw material, the plan is to use it mainly as fuel for energy production.
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Arab ministers agree on investment draft
The agreement would allow the free flow of Arab capital and investments in member countries.
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EU loan to Egypt dependent on IMF deal
Economic reform plans that are currently being negotiated between the IMF and Egypt's government, will have a very high social cost.
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Egyptian businessman offers half of his assets in graft cases
Hussein Salem, who is accused of having amassed billions from his close association with the Mubarak, had fled to Spain after a mass uprising.
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Egypt's pound weakens again at c.bank forex auction
The central bank accepted bids worth $74.3 million with a cut-off price of 6.5875 Egyptian pounds to the U.S. dollar at the 12th auction.
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CBE's Ramez: The EGP will stabilize very soon
In his first TV-interview as Governor of the Central Bank of Egypt (CBE), Hisham Ramez tries to relieve skeptics.