News
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Egypt approves extra $100 million for petroleum products imports
The extra amount brings the total given to the Egyptian General Petroleum Corp. during the fiscal year ending June 30 to about $3.7 billion.
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Egypt agreed to export 1,261 metric tons of cotton last week
The country has shipped 73,421 tons of cotton valued at $230.9 million since the marketing year began Sept. 1.
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Market Update: Egypt stocks close Sunday up 1.4 pct
The benchmark EGX30 went up 1.36 per cent at 5,083 points, while EGX70 saw a near-identical climb of 1.36 per cent.
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Yields rise at Egypt T-bill auction
The average yield on 273-day bills rose to 15.828 percent from 15.772 percent at the last issue on May 8 and the bank sold 3 billion Egyptian pounds.
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The Arab Winter in Egypt
Egypt is on the brink of an economic crisis, with reportedly as little as $11 billion remaining in foreign reserves.
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Egypt agreed to export 1,261 metric tons of cotton last week
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Barclays targets 25% revenue rise in MEA-Region
The Middle East and Africa generated about 5 billion pounds ($8 billion) of revenue for Barclays last year, about 15 percent of the total.
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Five banks offer USD1bn loan to Egypt's Ethylco
Ethylco plans to build an ethylene and polyethylene complex in Alexandria with a project value of USD 1.427 billion.
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Union National Bank Egypt Q1/12 profits hit 9 m
The Union National Bank in Egypt posted net profit of LE 10,346,179 for the same period of the previous year.
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Brotherhood's would-be president meets Egypt industrialists
Mohamed Mursi and Khairat El-Shater help cement the Islamist group's business-friendly reputation during a mid-week gathering.
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Facebook is more than the year's hottest stock story
In the way it shapes the way people think & perceive, Facebook may be the biggest technological advance since the advent of broadcast television.
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Air Arabia launches service to Taif
Air Arabia will offer three weekly flights to Taif, making it easier and convenient for passengers to travel between the two countries.
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Egypt MP demands Interior Ministry address Sinai smuggling
MP Mustafa Bakri warned that increasing weapons smuggling in Sinai puts Egyptian national security at risk.
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Egypt seizes unlicensed fuel in north Sinai
Security officials said the vehicles were carrying 1,640 liters of fuel in 82 tanks for sale on the black market.
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Egypt banking outlook stays 'negative'
Egypt's operating environment will remain challenging over the next 12-18 months, underpinned by weak economic growth prospects.
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Saudi, Egypt orders to keep US tank plant running
KSA's decision will help maintain a low level of production at the plant despite a planned three-year halt in U.S. orders.
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Egypt to join Swiss investigations into Mubarak money: Court
Cairo will become a partner in the ongoing case involving alleged laundering of Egyptian funds in Switzerland, following a binding legal ruling.
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Egypt, Italy sign $100 mln deal for swap debts
Abul-Naga signs agreement with Italy relieving Egypt of $100 million worth of debts.
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Facebook tests 'pay to promote post' tool
Facebook has started testing a system that lets users pay to highlight or promote posts.
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Egyptians' revolutionary plan for pyramid tourism beyond Giza
Six UN-organizations and the Egyptian government want to help locals make the Dahshur area a new hub for responsible tourism.