Latest news
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Egyptians reject fatwa calling for destruction of pyramids and Sphinx
The Fatwa Committee at Al-Azhar rejected the fatwa, saying antiquities are part of the country's culture.
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Coca Cola expands 5by20 Women's Economic Empowerment Initiative
Egypt is among the countries chosen by Coca Cola's initiative 5by20 to empower 300,000 women.
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Not so much debt-forgiveness in Egypt
Farmers were heartened by the President's promise, but the debt cancellations are only being applied to non-performing – i.e. delinquent –loans.
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EU to unblock bank accounts of former Egyptian, Algerian Presidents
The accounts were blocked due to the events of the so-called ‘Arab Spring’ in each of the two states.
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Egypt borrowing costs rise as Mursi power grab sparks violence
The Arab country raised its target 5 billion Egyptian pounds ($821 million) at an auction of treasury bills.
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$4.8 Billion IMF Loan Gives Morsi's Egypt A Confidence Boost
An IMF agreement for a loan to Egypt provides stability, confidence, and international support for fiscal consolidation and structural reform.
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CBE exempts four banks from applying Basil 2 Standards
Banque Misr and the Principal Bank for Development and Agricultural Credit , amongst others, were exempted.
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Allianz announces its Q3 profits
After its third consecutive strong quarter, Allianz expects 2012 operating profit to exceed 9 billion euros.
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Egypt's stock market tumbles almost 10% after Morsi's decree
Islamist president issued decrees to assume sweeping new powers, while police in central Cairo fired tear gas at protesters.
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Jumia plans to take Egypt's e-commerce by storm
Co-Founder of online shop Jumia Egypt Sherif Makhlouf: “We have what it takes to make it in Egypt.”
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El Mashrou3 application deadline moved to November 30th
El Mashrou3 TV extends its deadline for applicants till the 30th of November 2012. Don't miss it!
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Revolution's aftershocks still rattling Egyptian universities
The government now needs to act on the court’s decision before Nile University's students are allowed back on to the campus - but disputes remain.
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Egypt's Communication Ministry denies cutoff
The Egyptian minister said that he did not and will not cut telecommunications or the Internet service in Tahrir or anywhere else.
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Minister: Luxor witnesses stability, sees 30 percent rise in Tourism numbers
Zazou said that Egypt is not Tahrir Square, adding that Egypt enjoys stability & security, contrary to what has been promoted by some media outlets.
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Egypt sees 2012/13 budget deficit at 10.4 pct of GDP
Egyptian officials said they would issue a supplementary budget to amend the 2012/13 budget after an IMF deal.
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Egyptian businessmen looking for joint ventures in various sectors
The Egyptian delegates to Islamabad, Pakistan expressed interest in promoting trade and economic relations.
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Export Development Bank of Egypt ratings,'negative' outlook affirmed
Capital Intelligence has affirmed Export Development Bank of Egypt's Long and Short-Term Foreign Currency Ratings at 'BB+' and 'B', respectively.
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Opinion: The Arab economic alliance
Jiah ElKhazen discusses that most economic ties were almost destroyed by the revolution.
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Citadel Capital in joint venture to import LNG to Egypt
Egypt has two LNG terminals and a pipeline to export some of its large gas reserves, but it has been diverting some of the fuel intended for export.
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Egypt's cabinet agrees to curb fuel subsidies
Many ordinary Egyptians are worried that the IMF deal will mean tough austerity measures, so these steps will test the public response.