Latest news
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Cairo real estate market sees improved sentiment among on-going uncertainty
The general outlook continues to be cautious but optimistic on the long term fundamentals of the Cairo real estate market.
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Continent's water vision 2025 on course
18 out of 40 countries that are members of the AMCOW have integrated water resource management (IWRM) plans under implementation.
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Toshiba stops domestic LCD TV production
Toshiba has halted production of LCD televisions in Japan due to falling demand, but its factory in Egypt still stands.
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Egypt tourist numbers increase in March, MENA reports
The increase is attributed to the “sharp decrease” in tourist numbers in March 2011, after the revolution.
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Egypt economy on the edge ahead of presidential vote
A year of inert economic policies under military rule are raising the burden of expectations on Egypt's next president.
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Mursi vows to improve Egypt
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Egypt’s AUC Ayman Ismail named Young Global Leader by WEF
This recognition is granted annually by the WEF to honor the world’s most distinguished young leaders under 40.
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Egyptian candidate Ali says he would fight corruption
Presidential candidate Khaled Ali said he would begin by restructuring all local councils "where corruption was invented in Egypt."
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Egyptian Student invents new Propulsion Method
Aysha Mustafa's invention accelerates space probes through quantum physics and chemical reactions instead of the current radioactive-based jets.
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Egypt's cabinet approves new budget - minister
The Parliament last month overwhelmingly rejected a cabinet plan to cut state spending.
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Israeli company writes off stake in Egyptian gas
Ampal-American Israel Corp. said this week that the scrapping of the deal and uncertainties in Egypt led to its decision.
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Market Report: Egypt stocks slide 1 pct on European turmoil
Exchange sees another wave of across-the-board losses as a plunge in European stocks prompts caution at home.
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Orascom defers $400m MENA cable project
Chief executive Khaled Bichara suspends work on the $400 million cable after failure to win ‘government permits'.
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Opinion: There's an opportunity looming in Africa's biggest fertilizer maker
ORSCY management -- led by founding tycoon Naguib Sawaris -- talked about spinning out the fertilizer company it bought two years ago.
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Priorities for EU’s 2013 cooperation with MENA countries unveiled
Among the features of the revised policy is a partnership approach focused on supporting democracy, economic growth & job creation in Egypt.
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Egyptian Resorts swings to Q1 loss - bourse
The real estate firm made a loss of 5.5 million Egyptian pounds ($911,300) in the first three months of the year.
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Nokia accuses Apple of Siri bias over smartphone answer
Apple's voice-activated assistant Siri appeared to favour the iPhone's rival when it was asked "what is the best smartphone ever?"
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State withdraws undeveloped land from investors in Suez
Authorities sent a letter notifying the Suez Governorate that five plots allocated to businessmen will be seized by the state.
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Private equity plays role in Mideast development
Private equity firms are increasingly viewed as potential partners for governments working to rebuild their economies.
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Google's Ebda2 Competition in Egypt ends with Controversy
Omar Aysha writes about how it seems that Google wanted to benefit from this competition far more than Egypt’s entrepreneurial ecosystem.