News
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No tourist cancellations due to upcoming polls: Official
On the eve of Egypt's first post-revolution election, officials say it will be business as usual for the struggling local tourism sector.
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El Sewedy Jumps Most September After Returning to MSCI Index
The shares of the Cairo-based company climbed 3.1 percent, the biggest gain since Sept. 5, to 20.25 Egyptian pounds.
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$110 Billion Investments to Secure Power Until 2027
There will also be new extensions and lines up to 245,000 kilometers so the network's generation capacity may be up to 89,000 megawatt by 2027.
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Egypt to train more African engineers on power grid management
Egypt had already trained 4,130 engineers for the same purpose in the past few years.
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Russia stops Charter flights to Egypt as from this Sunday
No Russian tourists will arrive during the upcoming parliamentary elections, due to fear of the lack of security during the voting process.
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EFG-Hermes nine-month net profit slides - bourse
It made a profit of 738.3 million pounds in the same period a year earlier, the bourse said, without giving further details.
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For Arab Nations In Transition, U.S. Emphasizes Trade
Clinton has set up an office at the State Department to figure out ways to support the transitions in Tunisia, Egypt and Libya.
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Egypt bourse cancels Orascom Construction trades
Orascom said in a statement it would repay holders of bonds due for repayment in 2015 as it prepares for a reorganization of the group's ownerships.
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Egypt chooses high-profile counsel in gas deal arbitration
In the latest proceedings, EMG alleges that Egypt failed to supply gas it was contractually required to supply, due to attacks on the pipeline.
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Egypt industrial authority head denies suspension, confirms investigation
Hany El-Ghazaly says he is still performing regular duties, despite investigations into alleged violations in his working practices.
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HSBC Holdings Expands Credit Card Campaign
HSBC is giving card users a chance to win back the cost of their purchases between Nov. 1 and Dec. 31, in UAE, Bahrain, Qatar, Egypt and Jordan.
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Central Bank of Egypt denies involvement in illicit money transfer
Central Bank of Egypt says it did not participate in the transfer of funds abroad pertaining to former leader Hosni Mubarak.
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Methanex downgraded after plant shutdown in Egypt
The lost production after the company's shutdown in Damietta will undoubtedly impact fourth-quarter results.
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Gas exporters seek cooperation to raise supply and boost prices
Exporters need to attract more investment partners to help pay for rising production costs, Egypt’s Petroleum Minister Abdalla Ghorab said.
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Family sues Coca-Cola over assets once seized by Egypt's anti-Jewish campaign
Because of continued anti-Jewish sentiment, the family believes it cannot get a fair hearing in an Egyptian court.
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Desertec renewable energy project begins in Morocco, Egypt next?
The Desertec Industrial Initiative (Dii) is supposed to facilitate a long-term transition to renewable energy sources in the MENA-region.
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Egypt's CIB says Q3 net income 314.2 million EGP
Four analysts polled by Reuters had forecast on average that the bank would report a net income for the quarter of 371.33 million pounds.
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Market Report: Egypt's major stocks slip 0.1 per cent amid unrest and Friday fears
Main index takes its fifth consecutive loss with Bourse seeing thin, mainly speculative trade as investors eye upcoming protests.
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Market Update: Egypt stocks gain slightly in midday trades
Bourse makes modest gains following four days of losses on back of scattered violence.
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Investing in the Arab Spring: Egypt
The elation of the Egyptian revolution in Tahrir Square has faded since the start of the year, with faith in the transitional military gov't shaken.