News
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Egyptian trade team in Doha talks
Qatar is interested in supporting the Egyptian economy through investments, something that will help achieve sustainable growth in Egypt.
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Spillover of global economic turmoil further stress on Egypt, says economist
The European sovereign and banking crises as well as the American fiscal stalemate will most acutely impact Egypt.
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Smoking in Egypt: know the facts, dispel the myths
In Egypt despite the staggering economy and deteriorating health standards and intense pollution, smoking is on the rise.
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Egypt finance risk, political woe may prove toxic
“Egypt’s economy has dramatically slowed this year due to turmoil at the political level,” said Paul Herber.
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Egypt's EIPICO says 9M net profit up 0.5 pct
Egyptian drug maker EIPICO's 2011 nine month net profit rose 0.5 percent year-on-year, the company said in a statement on Monday.
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Egypt unveils national broadband plan
Egypt's National Telecom Regulatory Authority announced the start of a new national broadband plan.
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Al Futtaim eyes $1.3bn for Qatar, Egypt plans
Al Futtaim Group is close to raising about $1.3 billion in loans to meet its expansion plans in Qatar and Egypt.
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78% of consumers in Egypt to travel for leisure in coming months: MasterCard survey
78% of consumers in Egypt are set to travel for leisure in the coming months, according to the latest findings of a MasterCard survey.
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Egyptian Stocks: Orascom Telecom, EFIC, El Watany Bank Egypt
Egypt’s benchmark EGX 30 Index (EGX30) slumped 3.1 percent to 3,900.36 at 1:32 p.m. in Cairo, heading for the lowest close since March 2009.
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Egypt’s benchmark stock index extends drop on political unrest; currency under pressure
Egypt’s benchmark stock index extended its decline for a 2nd consecutive day & airport officials reported a sharp drop Monday.
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Italy cancels Cairo-bound flights
Italy's main air travel company, Alitalia, canceled two flights to Egypt on Monday but did not give a reason for the move.
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Egyptian protests drive UAE markets down
The UAE's markets are in retreat this morning as fresh protests in Egypt weigh on stocks including Emaar Properties.
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Egyptians Launch New Battle for Minimum Wage
Mohamed El-Abyad's employer has agreed to increase his salary by 20%, but the factory worker still cannot afford to send his children to school.
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Egyptian govt to introduce steps to protect textile industry
The Government of Egypt will soon introduce steps to protect its local textile industry.
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The World Travel Market Brings Egypt New Recovery Signals
Each year, the WTM brings Travco new business partnerships and prestigious recognitions.
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Egypt's Alcotexa sells 2,650 T cotton in past week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 2,650 tonnes of cotton in the week that ended on November 18.
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Carpet maker has rug pulled from under it
Egypt's Oriental Weavers Carpethas reported a 23 per cent decline in nine-month profit amid soaring raw material prices.
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Egyptian markets loses 7b EGP
The Egyptian stock market ended today’s transactions during the first session of the week on Sunday November 20.
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Ubifrance organizes French-Egyptian seminar on treatment of water, wastewater and industrial waste
Organized by the Economic Department - Ubifrance of the French Embassy in Egypt, a Franco-Egyptian seminar will take place on the 6th of Dec. 2011.
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Egypt set to negotiate IMF loan package
Egypt has decided to open negotiations with the IMF “within a couple weeks,” for a new $3.2bn finance package to help aid the Egyptian economy.