Latest news
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Oriental Weavers to invest $33 million for expansion, Borsa says
Oriental Weavers is planning to build the second phase of a production facility, and consequently increase the carpet capacity by 60%.
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Around €1 million in Egyptian assets frozen
Tunisia, Libya and Egypt have requested Cyprus' legal assistance, to get back funds taken by longstanding dictators in the region.
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'Positive' outlook for Egyptian property market
The government is doing all it can to support the incoming domestic and international demands for real estate.
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Nestle launches 'Be at Your Best with Nestle'
"Be at Your Best with Nestlé" targets Egyptian families with the aim of empowering them to adopt balanced diets & a healthy lifestyle.
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Sawiris backs new European telecoms fund
Egyptian billionaire Naguib Sawiris is supporting a fund management group aiming to buy underperforming telecom businesses in Europe.
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Number of tourists coming to Egypt grew by a third in Jan-May 2012
Numbers are still down compared to 2010 levels, but tourism minister is optimistic they will grow.
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Mubarak sons face graft trial next month: sources
Gamal and Alaa Mubarak, sons of ousted President Mubarak, will face charges of violating stock market and central bank regulations.
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Vodafone Egypt launches $20m investment fund and incubator
Vodafone is planning to support innovation and creativity in young Egyptians by launching a $20 million investment fund.
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Market Update: Egypt stocks gain 1.24 pct at Tuesday close
The main EGX30 index gained 1.24 per cent to sit at 4,449 points, after massive drops in the last few sessions.
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Egypt's Facebook users double: Ministerial report
Number of Egyptian Facebook users rises from 4.2 million to 10.7 million over past 15 months.
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Stability key to Egyptian tourism lift: minister
Political stability, safety and security in Egypt are essential in order to restore the tourism sector, says civil aviation minister Hussein Massoud.
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ExxonMobil Egypt launches Mobil SHC 600 Series & Mobil SHC Gear
ExxonMobil believes that choosing the correct lubricant can help maximize productivity and reduce machine downtime.
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BNP Paribas mulls sale of Egypt retail network, QNB interested: sources
France's BNP Paribas has been approached by several Arab banks after it thought it possible to sell its Egyptian retail banking franchise.
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Global Trade Logistics slow down amid recession & major events
Egypt is placed number 57 worldwide - up from number 92 in 2010 and 97 in 2007 - in the World Bank's newest Trade Logistics Report.
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EFG Hermes says contract with Qatar QInvest legally binding
EFG Hermes is considering the counter bid of Planet IB, after unanimously voting for the QInvest deal recently.
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Saudi to give Egypt $250m in cooking gas
Kingdom offers to help ease Egyptian gas shortages but it remains unclear whether supplies will be sold or given as a grant.
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NSGB named Best Bank in Egypt by Euromoney
International finance magazine Euromoney awarded the National Societe Generale Bank for its strong stance during turmoil in Egypt.
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YouTube & Emirates name semi-finalists for 'Your Film Festival'
Egypt & Lebanon are among the finalists from more than 15,000 submissions & YouTube users will be able end 10 finalists to the Venice Film Festival.
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Shura Council committee asks US to forgive Egypt's debt
10 percent of Egypt's foreign financial obligations are its debts to the US - and Egypt should be exempted, says the Shura Council.
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Egypt faces hard economic challenges
The funding gap of the FY 2011-2012 budget is about $23 billion, which is 10% higher than the gross domestic product.