News
-
Egypt unlikely to reach IMF loan pact in 2012, official says
An Egyptian official said it was unlikely that an IMF-accord could take place this year, mainly due to instable political reasons.
-
GM Egypt starts production of Chevrolet Move passenger van
General Motors Egypt invested $10 million to upgrade its facility and be able to produce Chevrolet Move vans.
-
Egypt president, Saudi king focus on stability
Egyptian president Mohamed Morsi travelled to Saudi Arabia to meet King Abdullah and discuss matters of the country and region.
-
Egypt to launch TV channel with fully-veiled women
In order to defy the discriminatory guidelines of Egyptian television, fully veiled women decided to open their own channel.
-
AIPAC cites Egypt fears in donor pitch
American Israel Public Affairs Committee tried raising funds by claiming that attacks from Egypt are threatening them.
-
Egypt's president 'to link science to society'
Morsi is planning to actively engage scientists in solving the society's problems, in an attempt to boost the private sector science funding.
-
Egypt’s record debt offering plan on track amid power struggle
Egypt will sell six- and 12-month securities valued at 2 billion and 3.5 billion pounds today, while the power struggle continues.
-
Egypt gains as investors shrug off parliament spat
Wednesday was another rise for the Egyptian stock market, as fears about the summon of the dissolved parliament eased.
-
Egypt’s Cleopatra Group Chairman selling assets, Ahram Gate says
Rumor has it that Egyptian businessman Mohamed Abou El Enein plans to sell all his assets after he was banned from leaving the country.
-
Egyptian Finance Minister denies reports on mortgaging of Suez Canal
After rumors about some Egyptian authorities selling the Suez Canal, Momtaz Saeed relieved the public by denying them.
-
Senior Egyptian MP: Iran able to help Egypt's economic revival
Mahmoud al-Khudairi is hoping that the Iran - Egypt relationship will be strong enough to boost Egypt's economy.
-
Saudi investments will never leave Egypt
Dr. Abdullah Sadek Dahlan Head of Saudi Arabia-Egypt Business Council stressed on the KSA's plan to boost cooperation between both countries.
-
Scramble for power in not only economically fragile Egypt
The unpredictable state of Egypt is worrying investors, leading to a lot of unsystematic ups and downs in the bourse.
-
Egypt's main index rises
Stocks rose 0.7% yesterday, after it dropped rapidly after Preseident Morsi recalled the parliament against court orders.
-
Egypt’s Islamists Defy Army, Economy on the Brink
With high deficits and depleting foreign reserve, Egypt's parliament reconvened despite the Supreme Court's order to dissolve it.
-
The changing face of Egypt’s Aswan Souq
The Aswan Souq - one of Egypt's most popular bazars - has been struggling in finding tourists after the revolution last year.
-
Egypt as one of the world's best performing markets
Egypt was among the best-performing markets in the first half of 2012, as it regained 24% of its lost almost 50% in 2011.
-
Centamin Egypt reveals record gold production at Sukari mine
Centamin Egypt's workers at Sukari delivered a record quarter on tonnes mined from the underground and tonnes processed through the plant.
-
415 million tourists expected worldwide from May to August
Arab Spring countries show recovery: Tunisia has registered a 48% growth for the months between January and May and Egypt an increase of 29%.
-
Mubarak's dream remains just that in Egypt's desert
One of Mubarak's long-hailed achievements was the Toshka-project, yet its realization did not really take place the way it should have.