Latest news
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Egypt Information Technology Report Q3 2011
BMI forecasts that Egyptian IT market growth will grow at a double-digit rate in 2011, despite increased uncertainty.
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Orascom Telecom Appoints Khalid Ellaicy As CFO
Effective October 17, 2011, Ellaicy will be succeeding Aldo Mareuse who joined OTH as Group Chief Financial Officer in 2002.
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ITIDA: Egypt unveils e-gov centre
The centre is designed to provide support and services to countries in the region looking to set up e-government and digital identity initiatives.
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Communications Ministry demands mobile phone companies improve services
NTRA chief executive to hold intensive meetings with the heads of Egypt’s three mobile phone operators to put an end to the complaints.
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40% of Egypt suitable for development – official
Minister of Housing announces plan to develop the Suez Canal, Sinai, Upper Egypt, and Toshka.
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Egypt's Alcotexa sells 250 T cotton in past week
The deal brings Alcotexa's export commitments for the 2011/2012 season, which began in September, to 4,097 tonnes of cotton.
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Egypt EGX Heads for Biggest Gain in 7 Weeks on Bet Drop Overdone
Egypt’s measure is valued at 1.1 times book value, or assets minus liabilities, while the MSCI Emerging Markets Index trades at 1.5 times.
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Aldar awards Yas mall contract to Egypt's OCI unit
Egypt's Orascom Construction Industries (OCI) was given a contract to build a major retail mall on Abu Dhabi's Yas Island.
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Banking sources: Egypt to extend tenure of central bank chief
Financial observers place Farouk al-Oqda among the CBE’s most successful directors in recent years.
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Egypt sells 6.5bn Egyptian pounds in T-bills, yields fall
The central bank sold 3 billion pounds of 91-day T-bills, on behalf of the ministry.
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RI-Egypt bilateral trade rises by 40%
Two-way trade between Indonesia and Egypt reached US$700 million during the January-June period this year.
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Egypt, Turkey sign deal to boost SMEs
The deal aims at promoting industrial activities and training courses as well as the exchange of information and researches.
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A green push for measuring the economy
Environmentalists are quick to point out that GDP-measurements do not provide a full picture, since the environmental damages are not included.
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Expert: Declining reserves pose large risk
Recent judicial rulings to renationalize privatized companies are a threat to reserves.
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Govt: IMF to toughen Egypt's loan conditions
Finance Minister says country’s economic indicators are improving, due to rising expatriate remittances, Suez Canal revenues & increasing tourism.
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First African business school round-table
The main aim was tohelp the continent grapple with food security challenges, and to forge academic collaborations aimed at tackling African problems.
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Sofitel opens region's first Legend hotel in Egypt
The Sofitel Legend Old Cataract Aswan in Egypt has reopened following a three-year renovation of the hotel, which originally launched in 1899.
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Egypt Real Estate Report
The Egypt Real Estate Report has been researched at source, and features latest-available data covering commercial and residential construction.
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Vodafone Egypt launches a Call Center for Egyptian farmers
In a pioneering initiative to employ communications and information technology in enhancing the competitiveness of the agricultural sector in Egypt.
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Egypt 2052 to build 5 ‘million-man’ cities
Public Institute of Urban Planning in the Ministry of Housing says 12 million acres are needed to accommodate population increases.