News
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IMF sees "good progress" on loan deal for Egypt
The delay in sealing the deal has brought the country closer to a fiscal crisis that could lead to a jump in consumer prices and interest rates.
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The Economic Vision of Egypt's Muslim Brotherhood Millionaires
Mild-mannered and serious in conservative suits, businessman Hassan Malek would easily blend in with the Wall Street crowd.
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Reforming work conditions will benefit Egyptian business: Industry chief
Adel El-Ezaby, a member of the Egyptian industrial federation says good working conditions important from an ethical & economic point of view.
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Egypt to include LE45.9 billion of special funds in state budget: PM
"Special funds' are monies raised by state institutions through means other than customs or taxes, such as hospital fees or parking tickets.
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Egyptian developer Sodic dips further into red
Analysts have become less concerned about the results of Egyptian companies and if they don't meet expectations because of continued disorder.
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Govt, Finland to Cooperate in Communications, It Domains
The two sides agreed to form a committee at the level of governments and businessmen to lay down a plan for cooperation.
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IMF needs solid Cairo support for loan: Lagarde
The IMF has sent two missions to discuss a program to help Egypt dig out of severe fiscal and balance of payments stresses.
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Egypt indexes soar in a weak trading volume
Egx30, the main index, edged 0.8 percent higher to close at 4708 points, secondary index Egx70 ended higher at 431.01 points.
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Egypt’s presidential campaigns to cost billions: analysts
Candidates for the Egyptian presidency have allegedly spent a great deal of money on their campaigns.
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Egypt sees Saudi financial help by end April
The Saudi package had been agreed two days ago at a meeting of Arab officials in Morocco.
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Egypt watchdog mulls France Telecom tender offer for Mobinil
Egypt's financial regulator says France Telecom's tender offer for Mobinil is still on track.
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AUC's Science Festival promotes better citizenship
The festival is a platform for participants to explore science & to challenge student creativity in offering unconventional scientific solutions.
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Regulating pharmaceuticals production in Egypt
Egypt’s drug industry has nonetheless been one of its strong manufacturing segments, both in terms of output and domestic demand.
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UNDP: Arab Energy Subsidies Waste Billions
The $20 billion-plus that Egypt spends each year takes up 9.3 percent of the country's gross domestic product.
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US provides aid to Egypt amid political unrest
Since the American aid was delivered, the ruling military has disqualified the Muslim Brotherhood's top candidates for the presidency.
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Saudi tourists to Egypt surge 42.8% in Q1
The number of nights Saudi tourists spent in Egypt is about 806,000 nights, compared to approximately 460,000 nights in the first quarter of 2011.
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Egypt, Qatar to boost economic ties
Egyptian Foreign Minister Mohamed Kamel Amr told Qatar News Agency that both countries are in talks to boost economic ties.
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Egypt's bourse suspends trading on Mobinil, OTMT
France Telecom has finalised a deal to buy most of its partner's stake in Mobinil for 1.5 billion euros.
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Russia May Lift Egypt Potato Ban
Russia restricted potato imports from Egypt on June 3, 2011, citing health concerns.
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Egypt's external debt falling, economy still safe: Finance minister
Momtaz El-Saeed says new external debt figures give the lie to predictions of economic failure and that the country is still well-placed.