Latest news
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Egypt to issue Eurobond by end of May: minister
Aiming to raise $2bn to help reduce the state budget deficit, Egypt's government will issue international bonds starting at the end of next month
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Egypt central bank to hold rates after inflation pick-up -survey
Critically low foreign currency reserves and a fluctuating exchange rate have also dogged the Egyptian economy since a 2011 uprising.
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Egypt's GASC buys 300,000 tonnes of wheat
Minister of Supplies had said stock of wheat is enough till the end of May.
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HSBC Egypt launches LE300 mn fund for SMEs
Medium-sized enterprises with 10 to 50 employees account for around 2.7 percent of total businesses.
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Egypt arm of Dubai developer Emaar reports big profit increase
The company's revenues rose 110 percent in the same period to 751.5 million pounds from 357.7 million.
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Egypt seeks bigger share of India's tourist pie
Hamid: We believe that India could be a very promising market for us.
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Indian petrochemicals giant Sanmar to invest $350 mn in Egypt
The added investment will bring total investment in Egypt by Sanmar Group to $1.45 bn.
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Hikers: Sinai tourism is safe
Tourism almost recovered in 2012 then shrank again to 9.5 million in 2013 after various attacks on tourist destinations.
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Egypt to impose 8 pct import tariff on steel rebar
Egypt's major steelmakers had petitioned the government to impose anti-dumping measures on rebar and wire rod imports.
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Egypt's new administrative capital utilities to cost LE2 billion
The prospective new administrative capital is estimated to cost around $45 billion and would take five to ten years until completion.
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EU supports post-Sharm El-Sheikh investments in Egypt
The plan includes promotion rounds in Milan, Greece and Barcelona.
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Huawei launches P8 and P8max
By 2014, Huawei’s products and services have covered more than 170 countries, and a third of the world’s population.
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Notorious conman reveals holes in Egyptian investment market
Imposing a tax on financial documents owned by the investment funds, even if they are not sold, places a burden on these funds, HC Securities Deputy Chairman says.
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Orascom Construction CEO bullish on Egypt, wants more reforms
Bishai said the company was also interested in renewable energy and water desalination, including a project on Egypt's Mediterranean coast.
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IMF says Egypt’s measures against currency parallel market ‘welcome’
The pound stabilized against the dollar on the parallel market as it was changing hands at 7.62 EGP per dollar.
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Egypt: FM Meets Hungarian Economy Minister
The meeting took up means of promoting tourism, economic, trade and investment cooperation.
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Egypt saw a 3.8% annual increase in tourist visits in February: CAPMAS
Over 640,000 tourists visited Egypt in February 2015.
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Egyptian Billionaire Naguib Sawiris Makes $100 Million from Sale of Mining Company
With this acquisition, the Sudanese government now has full control and ownership of the mining firm.
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Egypt to prioritise Toshka, Minya and Western Desert in land reclamation project
Impoverished Upper Egypt will see the lion's share of land reclamation efforts as the government seeks to spur national development.
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Egypt, Sudan to Open Qastal Port 30 April
President Abdel Fattah Al-Sisi stressed the importance of cooperation with Africa.