Latest news
-
Egypt's Olympic sees Electrolux deal in 30 days
Swedish white goods manufacturer Electrolux is in the middle of buying Egyptian appliance maker Olympic Group - Reuters
-
World Bank to insure FDI, support wastewater infrastructure in Egypt
The World Bank will provide a $1 billion loan to help bring back foreign direct investment (FDI) to Egypt.
-
IFC mulls investing $350m in OCI
The World Bank's International Finance Corporation (IFC) is considering investments in Orascom Construction Industries worth $350 million.
-
PM Sharaf praises Egyptian investment in Guinea
The Guinean president offered the people's and government's respect to Egyptians.
-
Olympic Group denies Ideal deal was undervalued
Olympic Group denied on Wednesday allegations that its 1997 purchase of Ideal Zanussi from the Egyptian government was undervalued.
-
Egypt's Agriculture export increases: a mixed blessing
A predicted jump in vegetable exports is good news for big agrobusiness firms that can afford to meet European standards.
-
Tourism festival begins in Luxor
This festival is an invitation to revive tourism in Luxor, said the governor.
-
Radwan: U.S. will suspend 33% of Egyptian debt
Radwan said the talks included forgiving one billion dollars of Egyptian debt to the U.S in order to fund development projects.
-
Market Report: Egypt stocks welcome a clear playing field
Go-ahead of Ahly-Zamalek derby sent a signal that Egypt can weather current unrest and spurred Thursday's 1.69 per cent rise in shares, says analyst.
-
Trade Disputes between EU and Egypt persist over E. Coli Outbreak
After the EU banned the import of certain Egyptian seeds, it is accused of having failed in treating Egypt as a respected trade partner.
-
Egypt Tomorrow: A call to action towards e-democracy
Intel held a session yesterday at El Sawy Cultural Wheel in Cairo that aimed at providing an open discussion on how ICT can shape democracy.
-
Egypt's Olympic sees Electrolux deal value lower
Olympic Group's parent company Paradise Capital expects a takeover deal between the Egyptian appliance maker and Electrolux (ELUXb.ST) to be revised.
-
Egypt stock market tumbles on new clashes
EGX30 has tumbled over two percent amid fresh clashes between security forces and protesters in central Cairo.
-
Optimism builds for Egypt's economy in second half
The CASE Index, which includes the 30 most active stocks in the Egyptian stock market, was still down almost 22% since the start of the year.
-
Qatar provides $500m to support Egypt economy
Finance Minister Samir Radwan said Egypt would not need funds from the World Bank. Qatar had provided $500 million for budgetary support.
-
U.S. delegation seeks ways to boost Egypt's economy
John McCain, R-Arizona, and John Kerry, D-Massachusetts, are visiting Egypt at the head of a U.S. business delegation.
-
The best selling cars in Egypt
Hyundai Elantra, Chevrolet Aveo, Speranza A516, Toyota Yaris Sedan, and Chevrolet Optra are the five best selling cars in Egypt.
-
HSBC, Rasmala Units Among 90% of U.A.E. Brokers With Loss as Volumes Slump
Almost 90 percent of brokerages in the United Arab Emirates, including units of HSBC Holdings Plc and Rasmala Holdings Ltd., reported losses.
-
Nokia announces Egypt initiatives
Nokia announced two agreements with Egypt’s Technology and Enterpreneurship Center (TIEC) for mLabs and MobileMonday.
-
Vodafone Egypt ready for mobile money
Egypt’s Vodafone, has been granted a license to offer mobile money services to its subscribers.