News
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Egyptian Shares Decline Most Since September After Tahrir Square Violence
The benchmark EGX 30 Index (EGX30) lost 3 percent, poised for the biggest drop since Sept. 28, to 4,003.12 at 10:59 a.m. in Cairo.
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Egypt Resumes Natural Gas Deliveries to Israel
Eypt has resumed natural gas deliveries to Israel, nine days after an attack on the el-Arish pipeline halted the flow – again.
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Egypt, Tunisia suffer post-revolution economic instability
Total exports and imports of Egypt and Tunisia, countries greatly affected by the recent unrest.
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Dreier presses for FTA with Egypt
A bipartisan group of House lawmakers is pressing U.S. officials to start negotiations with Egypt toward a free-trade agreement.
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Egypt and euro to set pace for region's bourses
Egypt is expected to experience heightened volatility this week as legal disputes over Egyptian property acquired by developers resume on Tuesday.
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Egypt to Buy 240,000 Metric Tons of Wheat, Nomani Says
Egypt, the world’s biggest wheat importer, agreed to buy 240,000 tons of milling wheat at a tender today, Nomani Nomani said by telephone from Cairo.
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Egypt sees $17 m injected last week in new enterprises, creating 1,536 jobs
Total capital injected in new enterprises reached LE103 mln, with 94% coming from Egyptian investors and the rest divided between Arabs & non-Arabs.
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Giving Egypt's tourism a boost
Egyptian banks working in the local market have agreed to postpone again the repayments of loans by investors in South Sinai for 6 months.
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36 NGOs Receive Suspicious Financing
Prime Minister Essam Sharaf pledged to bring to trial any NGOs proved involved in receiving suspicious Arab or foreign financing.
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Hilton Worldwide reiterates its commitment to Egypt's tourism industry
"Hilton Worldwide has had presence in Egypt for over 50 years and Hilton Hotels and Resorts is the largest international hotel brand in the country.
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Naguib Sawiris: A billionaire trying to give Egyptians more freedom
Mr. Sawiris says he harbours no political ambition himself, but finds the prospect of an Islamic party governing Egypt frightening.
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LE600 Million Worth Exports of Medical and Aromatic Plants
Those exports came basically from upper Egypt, exports of the medical and aromatic plants gave more than 140,000 job opportunities.
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Damietta port reopens but MOPCO dispute far from resolved
Protesters against environmentally damaging factory allow reopening of port after 11 days; negotiations continue amid demands for investigation.
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Egypt’s Wind Telecom could pull out of Canadian deal
Naguib Sawiris says he was misled by the Canadian government, regrets “totally” his decision to invest in the country.
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Damietta Incidents Have Negative Impact On Investments - Ministers
The Damietta saga started during Eidul-Adha when hundreds of people protesting against the construction of a fertilizer plant staged a sit-in.
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Egypt won’t end QIZ export agreements
Through the Qualified Industrial Zones (QIZ), Egyptian companies are able to export to the United States without having to pay taxes on importing.
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Egypt has most billionaires in Africa: Forbes report
Inaugural list of Africa's 40 richest people features 7 Egyptians, the majority of them members of the Sawiris and Mansour families.
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Egypt Stock Market Commentary – Week Ending November 18, 2011
The Egyptian pound traded at its lowest in nearly seven years, pushed down by concern about turmoil ahead of parliamentary election.
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The World Travel Market brings Egypt new recovery signals
Since the negative impacts of the unrest penetrated the sector, Travco Group maintained its faith in the resilience of the Egyptian tourism sector.
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Egypt has strong tendency to accept IMF fund - finmin
Beblawi said that Egypt needs to diversify its debt and reduce its dependence on local borrowing after treasury bill yields surged.