News
-
Lawyer files suit to block YouTube in Egypt over film
Mohamed Hamed Salem decided to file the lawsuit after YouTube featured a 13-minute film anti-Islam movie.
-
IMF hopes to conclude Egypt talks by year end: spokesperson
Egypt has requested a $4.8 billion loan from the IMF to help plug twin deficits in its budget and balance of payments.
-
Students without a campus: Ongoing travails of Egypt's Nile University
Nile University resort to sit-ins and hunger strikes in hopes of resolving their ongoing dispute with Ahmed Zewail's City for Science and Technology.
-
Ridge Capital rides on Egypt’s Islamic Finance growth potential
The Egyptian government is looking to raise the market share of Islamic finance to 35 percent from 5 percent.
-
Egypt's Oil and Gas Industry faces long-term challenges
Egypt’s petroleum minister announced last week that British Gas plans to invest $3 billion to $5 billion in development projects in Egypt.
-
Participation of private sector in development is a must
The state wants to increase the growth rate within the upcoming three years to reach 7.5 % in a bid to provide roughly 750,000 jobs annually.
-
Beach resorts to stay in Islamist-led Egypt: minister
Tourism Minister Hisham Zaazou is tasked with reviving an industry that accounted for 10 percent of economic activity before the uprising in 2011.
-
Dana Gas shareholder optimistic on $920m Islamic bond
Dana is also in talks with the Egyptian government to recover delayed receivables.
-
Temporary spending bill permits Egypt aid to flow
A violent mob assault at the U.S. Embassy in Cairo certainly hasn’t helped efforts to release already approved funds.
-
Housemaid Union in bid to fight informal economy in Egypt
The union was registered at the labor ministry earlier this month with an initial 300 members.
-
U.S. aid to Egypt stalled
No new aid is likely to be approved for Egypt until after the U.S. presidential election.
-
Egypt unrest undermines welcome to business
Push for new investment in Egypt comes amid chaos over film impersonating Prophet Muhammad.
-
India, Egypt ink MOU for cooperation in electoral management
The MoU was signed between India's Chief Election Commissioner V S Sampath and Secretary General of Egypt's Election Committee Hatem Bagato.
-
Egypt tells investors it is working to jumpstart economy
Speaking in a rare hour-long conference call with investors, Qandil said Egypt aimed to quickly wrap up crucial loan talks with the IMF.
-
Industry Minister: Strikes threaten national economy
Under this plan, he said incentives would be offered to new enterprises which will devote 50% of new job opportunities for Sinai citizens.
-
Israeli national airline to halt Cairo flights
Politically, the flights between Cairo and Tel Aviv are a symbol of the two nations' 33-year-old peace treaty.
-
Egyptian Aisha Mustafa invents new space propulsion system
Aisha's new system exploits the quirky laws of quantum physics which state that in spite of appearances, space really is not vacuum.
-
Qatar says to invest $18 billion in Egypt economy
The projects include $8 billion for gas, power and iron and steel plants at the northern entrance to the Suez Canal.
-
Egypt says Turkey to offer $2 billion aid
Ankara will offer an aid package to Egypt worth $2 billion to be used to support foreign reserves in Egypt and fund infrastructure projects.
-
Egyptian bank shareholders OK deal with QInvest
EFG Hermes says a majority of shareholders have voted in favor of a deal to merge some of the lender's operations with Qatar's QInvest.