Latest news
-
Palm Hills Developments names new co-CEO
The move follows US private equity firm Ripplewood’s acquisition of a 2.3% stake in PHD last month.
-
Egyptian non-petroleum exports rise for first time in 2014: Industry ministry
Egyptian exports grow by 3% in May after continuous monthly decline since the beginning of 2014.
-
CAPMAS: Monthly inflation rate fell by 0.9% compared to April 2014
The rate of change in annual inflation over the last month stood at 8.3 percent compared to May 2013.
-
Egypt puts Sinai's Al-Arish port under military control
Egypt's interim president has transferred the assets of a port in north Sinai to the armed forces for security reasons before leaving office.
-
Egypt to destroy illegal buildings along Nile to help farmers
The government will "not be complacent in the face of encroachment on the Nile River and its tributaries and streams", according to Mehleb.
-
Egypt wants to be 'global hub' for grain storage
Egypt's government is striving to boost self sufficiency and cut its 32 billion Egyptian pound ($4.48 billion) food import bill.
-
Government to apply temporary wealth tax on companies
The Egyptian government expands scope of exceptional tax on wealth to cover companies and corporations rather than just individuals.
-
Egypt's Beltone decides 5-to-1 share split
Beltone's shares were up almost 10 percent at the close on Monday to trade at 30.11 Egyptian pounds ($4.21).
-
Egypt's Sisi tasks PM with forming new cabinet
Sisi and Prime Minister Ibrahim Mehleb are expected to retain ministers in leading position such as the finance portfolio.
-
How a deteriorating tourism sector is transforming Egypt's labor market
The ratio of workers to rooms has dropped from 7.9 workers for every room to a single worker for each room, Badran said.
-
Arab Customs Union to be established by 2015: Arab League
“The establishment of the Arab Customs Union was waiting for a political decision to be implemented,” Tuwaijri said.
-
Super-Max mulls units in Brazil, Egypt, S-E Asia
The world’s second largest maker of razor blades is planning to expand its global reach by setting up manufacturing facilities in Egypt among others.
-
Investors welcome el-Sisi as Egypt's new president takes office
Former military leader Abdel Fattah el-Sisi took the oath of president Sunday and was greeted by a stock market rally of 4.7%.
-
337 bln in new investments next FY 2014-15: Araby
Araby unveiled that the total amount of investments during the current FY upped to 95.4 billion EGP, including the two stimulus packages.
-
The Superpower: Branding
A lot of startups or businesses come up with a logo and a color, thinking that this will create a brand name. Unfortunately, this is not the case.
-
Egypt third-most-preferred country for German companies
German think tank 2b AHEAD stated that Egypt is North Africa’s economic haven, despite all political turmoil.
-
Instability, lack of legal certainty the main problems for British investors: Franck
Egypt’s exports to the UK went up by 21% in 2013, says former UK Trade and Investment Director.
-
CBE governor says forex policies successful, could eliminate black market
The central bank has been letting the Egyptian pound weaken in the official market, probably judging the economy has stabilised enough.
-
Egypt trade deficit falls for seventh straight month
Report by state statistics body shows the decline in the trade deficit was driven by a drastic fall in imports.
-
King Abdullah's roadmap for Egypt: economy, justice and dialogue
Economy is the first item in the king's roadmap for Egypt, as the kingdom will do what it can and has called for a donors’ conference for Egypt.