News
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Facebook launches Mideast office in Dubai
The office is starting with three employees in Dubai's Internet City, a business park popular with tech firms.
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National Bank of Egypt to arrange USD420m facility for Mobinil
Mobinil wants the facility in order to develop its infrastructure and increase its broadband network, since it has about 33 million subscribers.
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Egyptian students go global, but is it worth the price?
More and more schools decide to take students to international field trips, yet the topic itself becomes the home of a lot of different opinions.
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Egypt seizes land valued at $10.6 billion from investors
54 million square meters of land worth 64 billion Egyptian pounds were confiscated by the government.
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Egypt foreign reserves up $302 million in May, helped by foreign aid
Country's currency reserves climbed to $15.52 billion, in their second successive monthly rise, central bank figures show.
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Jump in Egypt foreign reserves may mask problem
Foreign reserves climbed to $15.52 billion at the end of May from $15.21 billion at end-April.
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Egypt's Brotherhood looks to private sector to boost economy
Depending on a free-market economic plan, the Muslim Brotherhood is planning to step into negotiations with the IMF.
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Market Update: Egypt stocks slip 0.4 pct by Wednesday close
The benchmark EGX30 slipping 0.4 per cent, while the broader EGX70, by contrast, edged up 0.21 per cent.
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Abul Naga: French grant for establishing Kom Ombo Power Plant
France gave Egypt a grant of 800,000 Euros through the French Ambassador, to support the feasibility study of the Kom Ombo Power Plant.
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Nestlé reaffirms investment in Egypt to boost growth
Around 200 jobs have been created as a result of the first tranche of investment worth more than 500 million Egyptian pounds.
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Egypt Airlines incident forces closure of Nairobi airport
Although the mishap prompted all incoming and outgoing flights in Nairobi, no injuries were reported.
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Egypt foreign funding trial postponed
The NGO-trial which brought upon trouble between Cairo and Washington, is postponed till next month.
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Egyptian initiative to establish free trade zone with Libya
An Egyptian delegation of lawmakers and government officials held talks with counterparts in Libya on how to overcome the obstacles of trade.
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The irony of the Arab Spring - a rise in unemployment
Although the Arab Spring was semi-triggered by the massive problem of unemployment in the Arab World, it seems to have changed nothing in that field.
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Egypt's Sawiris to drop support for EFG-Hermes buyout
Telecoms tycoon backs out of consortium after EFG shareholders choose an alternative deal from Qatar investment bank.
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NBK optimistic over Egyptian economic potential
NBK CEO Sheikha Al-Bahar stressed there is a shared responsibility to support the Egyptian economy across the Arab world.
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Opinion: Egypt’s looming fiscal crisis
Mohammed Samhouri, senior economist, talks about the signs that foretell a financial crisis in Egypt.
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Market Report: Egypt stocks fall 2.3 pct as Tahrir protests rumble on
Heavyweights take across-the-board losses as investors offload shares ahead of mid-June's contentious election.
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Egypt red-tape blocks exports to Libya
Egypt is stalling the trade relationship between Jordan and Libya by preventing cars from entering Egyptian territories to reach Libya.
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Microsoft announces worldwide finalists for Imagine Cup 2012
Student teams from 75 countries have advanced to the finals, including several Egyptian teams.