Latest news
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Egypt seizes $340 million for Mubarak sons in Switzerland, says official
Switzerland has allowed Egyptian authorities to seize $340 million deposited by sons of former Egyptian president Hosni Mubarak in Swiss banks.
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Foreign ministers discuss Iraqi debts to Egypt
Egyptian Foreign Minister Mohamed Kamel Amr met on Sunday with his Iraqi counterpart, Hoshyar Zebari, to discuss ways to settle Iraqi debts to Egypt.
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Red Sea governor issues permission for foreigners to work in tourism
Red Sea Governor Mahmoud Assem decided to facilitate issuing the required permission for foreign employees who work in the tourism sector.
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Egypt: Work in Toshka Project Not to Be Suspended
Work in Toshka project is going on and will not come to a standstill, an Egyptian Agriculture Ministry official said on Sunday.
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Saudi to invest $500 million in Egypt treasury bills
Reports of Gulf states buying Egyptian financial instruments drive down average yields at Sunday's auction.
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Telecom Egypt Clarifies Situation Regarding Prepaid Card Companies
TE has diligently followed the appropriate legal process regarding the potential to recoup any of the outstanding amounts.
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Sheraton Sharm El Sheikh Receives "EAME Journey Award 2010"
Sheraton Sharm El Sheikh Receives “EAME Journey Award 2010” at the Level of Starwood Hotels & Resorts Africa and Indian Ocean.
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Egypt Yellow Pages Forges a Bold Path for 2011
At center of Egypt Yellow Pages Ltd’s new strategy is the active pursuit of cooperative agreements with other online players.
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Egypt finmin says foreign borrowing necessary: paper
Egypt's dependence on local borrowing to support the state budget is not sustainable and it will have to borrow from overseas.
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Telecom Egypt Workers Threaten Work Stoppage, Al Shorouk Reports
Telecom Egypt employees have threatened to strike if their demand for the resignation of Chief Executive Officer Mohammed Abdel Rehim is not met.
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Eissa: Mutual interests guarantee Egyptian-Turkish strategic relations
Mahmoud Eissa has said that common interests between Egypt and Turkey are a guarantee of establishing strong and strategic relations.
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Are the generals stealing Egypt?
Egypt's central bank has taken firm and decisive action: it has fired all of its outside directors.
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InterContinental Cairo Citystars celebrates Responsible Business Week
InterContinental Hotels & Resorts celebrated the work that its hotels around the world are doing to sustain and enhance their local destinations.
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Mobinil Expands Relationship With NetCracker to Rapidly Monetize Investment in 3G
NetCracker Technology announced today that Mobinil has completed Phase 2 of its ongoing 3G transformation program.
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Paul Bakery and Restaurant throws grand opening celebration with French Ambiance in Mall Katameya
Paul Bakery & Restaurant celebrates its grand opening in Downtown Mall Katameya today in the presence of French diplomats and Egyptian businessmen.
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McDonald's asked to return mummies to Egypt
A McDonald's restaurant in Staffordshire has been asked to return a pair of mummies buried in its foundations to Egypt.
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Egypt's government suggests steel firm to repay license value on installments
Egyptian government suggested a settlement for steel firms which faced a court ruling to cancel licenses, allows it to pay on 7-year installment.
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Ministry of Finance offered 5b worth of Treasury bills
The Egyptian Ministry of Finance announced results of the bids on treasury bills reached 5 billion EGP, with one or two times coverage.
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Egypt, Sudan angry over Nile Basin development
Egypt and Sudan are worried over recent developments along the Nile River by countries south of their borders.
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Gulf bourses disappointed by G-20 meeting; Egypt continues to rally
The bright spot in the Middle East was Egypt, where the benchmark index gained 1.5 percent to 4,214 points.