News
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Egypt’s Orascom Telecom to list split off media and tech company Sunday
The goal for Orascom with the new company is to split certain aspects of its investments and to enable the company to push into Egypt’s media sector.
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UAE aims to expand ties with Egypt
Egyptian official focused on enhancement of economic and investment ties with companies to boost the volume of trade between the two countries.
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Triple triumph for Mövenpick Hotels & Resorts in Egypt
Mövenpick Hotels & Resorts’ efforts in supporting Egyptian tourism and in the ‘green initiatives’ of sustainability.
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Egypt probes reports of stolen radioactive material
Experts are investigating reports that radioactive material was stolen from a site where Egypt plans to build its 1st nuclear power plant.
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US Approves Urgent Plan to Support Egypt’ Economy – Egyptian Minister
The US administration has approved an urgent plan to support the Egyptian economy in the coming six months.
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How Can the Diaspora Boost ICT Development in the Arab World?
In early January 2011, startup accelerator Plug and Play Egypt kicked off its first cycle with investment in six startups.
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Sudanese Officials Vow to Expand Trade With Egypt During Meeting With FJP
Sudan's Minister of Trade Othman Al-Shereef praised the strong ties and relationship between Egypt and Sudan they enjoyed throughout history.
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Federal prosecutors shut down Megaupload file-sharing site, founders charged
Popular Megaupload file-sharing site has been shut down by prosecutors in the US since it generated more than $175 million in "criminal proceeds."
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'18DaysinEgypt.com' to launch tonight
A documentary website ‘18 Days in Egypt" will be launched tonight at Tahrir Lounge, in which attendees will share their stories of the revolution.
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Egyptian market continues its decline
A mid-trading stock market session today witnessed a collective decline of 1.1 billion Egyptian pounds in all four Egyptian stock market indices.
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Egypt central bank tightens money transfer rules
Analysts say that this is designed to close a loophole that has allowed businessmen to shift capital abroad without bringing goods into Egypt
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Initiative seeks to raise money from engineers to support Egyptian economy
Engineers Syndicate members launched a new initiative to raise LE12 bn from engineers working in Gulf countries to support the Egyptian economy.
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Egypt suffers slump in UK tourists
The number of British tourists to Egypt fell by around 400,000 last year following political upheaval in the country.
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Market Update: Egypt stocks close the week down 0.9 pct
Egypt's stocks finished the week on a low, the benchmark EGX30 closing Thursday down 0.91 per cent at 3,868 points.
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Egypt: Economic Modernization Will Support Democratization
"Egypt's mix of geography, population and resources makes it a natural hub for regional trade and commerce," Deputy U.S. Trade Representative said.
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Petrol panic eases in Egypt
Fuel distribution improved in Egypt on Thursday after panicked motorists flooded gas stations, prompting the death of one person and several hurt.
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Egypt’s FIHC Said to Seek 50,000 Tons of Sunflower, Soybean Oils
Egypt’s state-run Food Industries Holding Co. is seeking to buy 30,000 metric tons of sunflower oil and 20,000 tons of sunflower oil on Jan. 26.
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Egypt restarts gas to Israel at lower levels
Natural gas is flowing through North Sinai pipeline for the first time since mid-December's attack, say officials.
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Government to take LE 2.2 bln cash dividends from Telecom Egypt; CI Capital
CI Capital stated that the government will have taken back LE 2.2 bn in total cash dividends from Telecom Egypt to help finance its budget deficit.
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U.S. Universities seek to re-open study abroad programs in Egypt
After two semesters of refusing to permit students to study in Egypt, the Office of Overseas Programs is now accepting students applications.