News
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Four Seasons appoints Ashraf El Zahed as Director of Hotel Marketing Middle East
Ashraf El Zahed will oversee the marketing functions of existing and upcoming Four Seasons hotels and resorts in the Middle East and Egypt.
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Egyptian technicians to fix power establishments, equipment in Libya
Dr. Hassan Younis affirmed that the exchange of power current between Egypt and Libya is continued and never stopped during the revolution.
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Investors to take a cue from Europe
Egypt's annual consumer price inflation hit a four-year low last month, at 7.1% year-on-year, down from 8.2% in September.
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Egypt notifies gas importing countries of pipeline suspension
The Ministry of Petroleum officially notified the countries importing natural gas from Egypt that exports were suspended due to a "force majeure".
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Citadel Capital SAE obtains approval from OPIC Board for $150m facility
Citadel Capital received formal Board approval on Thursday October 27th for a new ten-year, $150m (EGP900m) financing facility from OPIC.
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Egypt companies at Addis Ababa trade fair
An Egyptian commercial mission of 18 companies is to seek economic cooperation with Ethiopian companies.
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Egypt: Promotion of Agricultural Products Exports to Italy
Dr. Youssuf said that Cairo will host next June the staging of Egypt-Italy friendship week for supporting cooperation between the two countries.
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Ethiopia invites Egypt and Sudan to discuss Nile dam
Ethiopia has invited Egypt and Sudan for talks over a controversial dam project the horn of Africa country intends to build on the Blue Nile river.
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Egypt pound falls against dollar
Egypt's economy has hit the country’s currency, with the pound falling to its lowest level against the American dollar in 7 years.
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Britain freezes funds of 19 Egyptian officials accused of corruption
British authorities have frozen the funds of 19 Egyptians charged with embezzlement and corruption by Egyptian authorities.
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The Erdo?an effect: Turkey, Egypt and the future of the Middle East
The tour of Prime Minister Recip Tayyip Erdo?an to Egypt, Libya, and Tunisia in September underscored the rise of Turkey's involvement in the region.
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South Sudan: Ministry of Information Sends Staff to Egypt for Training
South Sudan is sending a group of ten journalists from the ministry for an advanced course in media and diplomatic journalism.
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'Egypt's participation in exhibitions important'
"Egypt's participation in world tourism exhibition is now more important than ever,” the Minister of Tourism said.
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Egypt hits highest unemployment in 10 years in October
Unemployment registered at 11.9 per cent in Q3/2011 in Egypt, but inflation is better than September.
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Egyptians realize the importance of tourism: Minister
The Egyptian people realize the importance of tourism and its role in supporting Egypt’s economy, said Egyptian Minister of Tourism Mounir Fakhry.
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Egypt's gas pipeline will be attacked again, says tribal leader
A tribal leader in El-Arish states that Egypt's gas pipeline will be attacked again as the Egyptian people 'reject the gas deal with Israel'.
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Egypt looks to turn 'waste' into profitable products
Rice straw, now a contributor to Cairo's toxic smog when it's burned, could become a new kind of cash crop.
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Egyptian property in need of a shake-up
Egyptian property developers must change their business models if they want to unlock the benefits of government housing initiatives.
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Germany's RKW Group inaugurated a new hygiene film plant in Egypt
The 10,000 t/y facility, which will initially employ 40 people, will be located near Procter & Gamble’s Egyptian diaper plant.
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Underground oasis may boost Egypt's development
Egypt is launching work on experimental wells in the desert following a discovery of new access points to a huge underground water oasis.