News
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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.
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Mobinil founder Sawiris' blasphemy trial delayed to February
The trial of Mobinil founder Naguib Sawiris has been postponed until 11 February because he failed to appear in court on 14 January.
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Africa’s internet use sees 2 000% growth
Growth of internet use in Africa has gone beyond that of the global average in the last decade, reaching 2000% growth, compared to 480% growth.
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Egypt tourism receipts slip nearly 30 percent in 2011
Egypt’s tourism minister says revenues from the vital tourism sector fell by nearly 30 percent in 2011 compared to the previous year.
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Freephoo 2.0 is now in Egypt - Call Your Facebook Friends & LinkedIn Connections for Free
The Sweden-based company freephoo today launches a new version of their iPhone and iPod Touch app, freephoo 2.0.
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Radioactive material said stolen from Egypt plant
Radioactive material has been stolen from a nuclear power station on Egypt's Mediterranean coast that was the site of violent protests last week.
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Experts point to power of technology in education
Schools following the Technology for Improved Learning Outcomes program have achieved a 45% success rate in the past four years.
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Egypt resumes pumping natural gas in North Sinai
Egypt resumed pumping natural gas through local and international pipelines in North Sinai experimentally on Wednesday.
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Egypt economy facing difficult challenges -- IMF
Egypt's economy is facing several "difficult challenges" that have to be addressed through an economic program.
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Centamin Egypt sees production rise
Gold producer Centamin has posted a 10 per cent rise in fourth-quarter output, boosted by higher production rates at its flagship Sukari project.
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Special study to assess impact of new Nile power project
Ethiopia, Egypt and Sudan has began assessing the possible impacts of the massive hydro-power dam project Ethiopia intends to build.