News
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Egypt's Citadel Capital narrows loss in 2011 -bourse
The company had reported a consolidated net loss of 1.36 billion pounds for 2010, the exchange added.
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Clean Energy Development in Egypt
The growth in energy consumption is a response to the country's economic expansion, industrialization, and change in the people's lifestyle.
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El Paso Agrees to Sell All Its Oil and Gas Fields in Egypt
El Paso didn’t disclose terms of the deal with Kinder Morgan Inc., reached on April 30, according to a statement today.
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Yields rise at Egypt T-bill auction
The central bank sold 1 billion Egyptian pounds of 182-day bills, half the amount it had offered.
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Egyptian-Jews seek rehearing in Coca-Cola case
Egyptian-Jewish Bigio family says their land, confiscated in Nasser's anti-Jewish purges, is now Coca-Cola Egypt's HQ.
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Arab Spring cost region 7 million tourists in 2011
Despite the trials of the past year, many tourism agencies are optimistic about the future of travel in the region.
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Wind turbine creates water from thin air
Eole Water is currently displaying a working prototype of the 24 meter tall WMS1000 in the desert near Abu Dhabi.
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EMG shareholders sue Egypt over treaty violations
International shareholders decide to sue Egyptian government, claiming it broke three investment treaties.
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Egypt Transportation Minister seeks to link Nile Valley with Sinai
The minister pointed out these links are a vehicle tunnel through South Port Said, and railway tunnel beneath the Suez Canal.
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Osama Saleh: SMEs are the Backbone of Egyptian Economy
SMEs constitute the backbone of the Egyptian economy with almost 80% of the total enterprises in Egypt falling within this category.
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Egypt car sales up 33% in Q1
A total of 43,247 automobiles have been sold in the first three months of this year, according to Egypt's Automotive Marketing Information Council.
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Egypt needs to do more to secure IMF aid: IMF official
Masood Ahmed, IMF director for the Middle East, said hat Egypt still needed to do "some technical work" to finalize its economic programme."
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Opinion: U.S. aid in the Arab world: Soldiers or scholars?
Friedman: The U.S. gave $13.5 million in college scholarships to Lebanese kids & $1.3 billion in tanks & fighter jets for Egypt's military.
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Egypt to ease ban on Japan food
The easing is likely to come by the end of this month, with the fisheries sector expected to be a major beneficiary.
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Egypt may keep key interest rate unchanged as economy struggles
The bank raised the rate by a percentage point in November, citing inflationary pressures.
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Al Ghamrawi: Baraka Egypt's Growth Rates raise by 20%
During the coming period, the bank will present a number of retail banking products; the most prominent are the golden, silver & bronze Baraka cards.
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Central Bank examines easing restrictions on small enterprises
SMEs create job opportunities and reduce the unemployment rate, which stood at 12 percent in the last quarter of 2011.
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Egypt stages festivals to boost tourism
The ETA is planning a beach cleanup day in September involving resort towns on the Red Sea coast, such as Sharm el Sheikh and Hurghada.
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State-run petrol firm proposes shake-up in Egypt subsidies
Egyptian General Petroleum Corporation suggests slashing subsidies for energy-intensive industries and the introduction of a coupon system.
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Market Update: Egypt stocks finish Wednesday down 0.8 pct
Turnover was over LE308 million ($50.9m), markedly lower than the previous week's average.