Latest news
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Africa may struggle to extract groundwater, experts say
The continent has a total underground water storage capacity of 0.66 million cubic KM — more than 20 times the freshwater storage capacity of lakes.
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13 facts about Smartphone use around the world
In Egypt, Windows Mobile is war more popular than the iPhone, whereas Android is most popular in Japan - a crazy smartphone world.
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Money laundering skyrockets after Arab Spring
Some SFr600 million in suspicious transactions was reported last year in connection with Egypt and Tunisia and other Arab countries.
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Knife brawl over $8 food debt reveals Egyptian risks
Egypt’s worst economic slowdown in decades is testing the faith of those facing the greatest hardship as presidential elections are near.
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Egypt sells more dollar T-bills than it sought
The Ministry of Finance accepted $1.013 billion, which is some $250 million more than it had offered, the central bank said.
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SODIC’s Allegria sales hit EGP 3.5 billion
Allegria project is established on an area of ??2.8 million meter square, located in Sheikh Zayed city.
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Egypt's World Bank loan will 'lead us to hell': Islamist MPs
The road to hell is paved with development loans, Egyptian Islamists tell Parliament, saying interest payments are forbidden by religious law.
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Dubai's Ridge Capital buys Egypt asset firm Rashad
Rashad manages two funds, one for Misr Iran Bank and the other for National Bank of Egypt, and last month launched a third in Bahrain.
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Market Update: Egypt stocks close Tuesday down further 1.1 pct
Benchmark EGX30 slipped a further 1.12 per cent, as broader EGX70 went down a yet greater 1.37 per cent.
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Opinion: The rise of Islamist political economy: the new capitalists
For Fawaz A Gerges, professor at the London School of Economics, free market capitalism is the new model used by the Islamists.
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Egypt to sign $3.2 bln IMF loan by June: Momtaz El-Saeed
The Finance Minister said the first part of the loan could be released around July 1, the start of fiscal year 2012-2013.
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Egypt to resume offering Rod El Farag highway project next month
The EGP 4 billion project was first approved in 2010 but put on hold after the January Revolution in 2011.
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Egypt's Palm Hills shrinks Q1 net loss
The luxury real estate developer had posted a net loss of 36.2 million pounds in the same period a year earlier.
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Philips commits to improving graduate education in Egypt
Philips signed a Memorandum of Understanding with the SCU to contribute to the human capital development and educational programs for Egypt.
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Bey2ollak wins Google Ebda2 Competition in Egypt
After 8 months of struggle, business plans and mentorship, "Bey2ollak" went home with $200,000, and left 19 other startups to solely find their way.
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Egypt's politics move ahead, economy lags behind
One of the main forces behind last year's uprising - economic discontent - has yet to be eased, while political change is on its way.
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Egypt's GB Auto quarterly net profit rises 61 pct
GB Auto said net profit rose to 18.58 million Egyptian pounds ($3.08 million), compared with 11.53 million pounds in the same period a year earlier.
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U.A.E. to invest $3 billion in Egypt agriculture, Ahram says
Agriculture Minister Mohamed Ismail said the joint Egyptian-Emirati projects include poultry and cattle farms, the Cairo-based daily said.
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Egypt's Talaat Moustafa Q1 profit climbs 2.5 pct
Egyptian real estate giant TMG realises net profits of LE173.7 million in first quarter of current fiscal year.
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Citadel revises Egypt energy stake sale terms
Citadel Capital entered into a second amended agreement for the sale of National Petroleum Company (NPC) Egypt to Sea Dragon Energy.