Latest news
-
Crisis looms between Egypt’s central bank, parliament over Islamic banking
The People’s Assembly want to discuss the possibility of modifying the rules that restrict the establishment of new Islamic banks.
-
Saudi loan seen unlikely to cut Egypt T-bill costs
Egypt's finances have been stretched thin by 15 months of political turmoil that has cut into tax revenue.
-
William Hague on Egypt, Iran and Syria
UK Foreign Secretary William Hague talks about British policy towards Egypt's new democracy and its economic outlook.
-
Egypt’s economy recovers gradually
The revolution could have ended up pushing the Egyptian economy to fall, but confirmed good indicators might beat such estimates.
-
Palestinian airline resumes flights from Egypt
Palestinian national carrier tries to make life easier for Palestinians traveling from Gaza as more routes will be launched soon.
-
Market Update: Egypt stocks close the week down 0.33 pct
The broader EGX70 index dropped 0.27 per cent and EGX30 slipped to 5,015 points.
-
Banque Misr & NBE markets MAF's EGP 3 Bln Loan
Banque Misr and the National Bank of Egypt invited banks to participate in 50% of the total value of the loan.
-
Saudi Arabia transfers $1 bln to Egypt-minister
Egypt, which is also negotiating a $3.2 billion loan from the International Monetary Fund, has been seeking funds from international donors.
-
Prof. Uzi Rabi: Egyptian market closed to Israel
Rise of Islamic political parties means that there is zero chance that Israel could export its natural gas through Egypt's LNG facilities.
-
Arab world population to double by 2050, report
"The State of Arab Cities 2012: Challenges of Urban Transition" is the first issue of the UN- Habitat program in the Arab countries.
-
Increase in Egypt Central Bank Reserves doubtful: Analysts
It seems that the increase of $90 million could have amounted to “propaganda” in an attempt to win the confidence of investors abroad.
-
Egypt urban inflation falls to 8.79 pct in April
The urban consumer price index for April was 123.8 versus 113.8 a year earlier, the agency CAPMAS said.
-
Egypt's Economy: 15 months after the revolution
What it will take to sell post-Mubarak Egypt to foreign investors in view of serious problems facing Egypt’s economy these days?
-
7 people you cannot afford to exclude from your Startup Team
Define your own best and then hire, not just those with suitable expertise, but those with suitable personalities.
-
Suez Canal revenue at $433.1 in April
The waterway is a vital source of foreign currency in Egypt, along with tourism, oil and gas exports and remittances from Egyptians living abroad.
-
ExxonMobil reveals how mobile phones can help women entrepreneurs
Research by ExxonMobil Foundation & Cherie Blair Foundation for Women reveals how mobile phones can help women entrepreneurs develop their business.
-
World Economic Forum kicks off in Ethiopia
Egyptian delegation joins participants from over 70 countries in three-day conference to discuss ways of alleviating unemployment and poverty.
-
Egypt's CIB says Q1 net income jumps 64 pct
Net profit for the quarter rose to 505 million Egyptian pounds ($83.64 million) from 308 million pounds in the first quarter of 2011.
-
Egypt Says Net Reserves to Rise on Growth, Suez Canal Revenue
Kamal El Ganzouri said that the gains reflect improved security in the country and that revenue from the Suez Canal will also increase.
-
MIT Announces 14 Finalists in Arab Business Plan Competition
Teams from Egypt comprised 50% of the finalists (and applicants), and the quality of applicants keeps improving.