News
-
Tinawi: Egypt's Economic Identity is Unclear
Akram Tinawi, CEO of Arab Banking Corporation-Egypt, says that the economic visions set by presidential candidates are not precise.
-
IMF Sees Another Year of Tepid Growth for Mideast
The economies of key countries, such as Egypt, Saudi Arabia and the United Arab Emirates (UAE), are expected to slow from their 2011 pace.
-
Gulf Capital Plans Healthcare, Oil and Gas Investments, CEO Says
The company is “particularly excited about Egypt” because of its “attractive valuations,” and is looking at possible deals throughout the GCC.
-
Shater warns of extended military rule and worsening economy
Presidential Elections Commission handed down its final verdict on Shater’s candidacy by upholding an earlier decision to exclude him from the race.
-
Pirelli Pounds the Pavement
Built on a wealth of experience and continued investment in technology, Pirelli Egypt sets the benchmark for tire manufacturing in the region.
-
Market Update: Egypt stocks slip 0.14 pct by Wednesday close
Turnover was a thin LE254.3 million ($42.1m), with Orascom Telecom Media and Technology and Mobinil making up the bulk of trade.
-
New Unified Law for Electricity to Encourage Energy Investments
The law encourages investors to produce electricity from renewable energies, and other sources, according to Electricity Minister Hassan Younis.
-
EBRD mulls 1 bln euro N.Africa fund, posts record profit
The European Bank for Reconstruction and Development (EBRD) plans to create a 1 billion-euro fund to invest in North Africa and Jordan.
-
MEA plane returns to Beirut due to Egypt dust storm
Captain Roula Hteit was not able to land the plane due to lack of vision at 300 meters above the ground caused by a dust storm.
-
Arab 'Spring' cost around $75bn
Most of the $75 billion losses occurred in Libya, Egypt and Tunisia, according to Mohammed bin Yousuf, a Libyan banker.
-
First Egypt Dalai Lama fellows from American University in Cairo
Bassma Taher & Samar Sultan are the 1st Egyptians selected as Dalai Lama fellows for the year 2012, winning $4,500 each for their project Kaab Dayer.
-
MasterCard Index Reveals Socio-Economic Advancement for Women in ME
Of the Middle East and Levant markets, Egypt, Oman, the UAE and Qatar have seen increasing scores for the last three years.
-
MasterCard Index Reveals Socio-Economic Advancement for Women in ME
Of the Middle East and Levant markets, Egypt, Oman, the UAE and Qatar have seen increasing scores for the last three years.
-
North Africa Offers Alternatives
The rise of Islamist parties in North Africa could potentially change the fate of Islamic banking and the sector as a whole.
-
Communications Minister: Society Ready for Digital Transformation
The number of mobile users in Egypt amounted to 92 million subscribers, while the number of Internet users reached 30 million so far.
-
Egypt's Sodic posts $32m net loss for 2011
The country's third-biggest listed developer posted a loss of EGP193m ($31.96m) for 2011 after making a profit of EGP135m a year earlier, Sodic said.
-
Egypt's Sodic posts $32m net loss for 2011
The country's third-biggest listed developer posted a loss of EGP193m ($31.96m) for 2011 after making a profit of EGP135m a year earlier, Sodic said.
-
Egypt vote chaos boosts Moussa, Abol Fotouh
Winners from the drama include former Arab League chief Amr Moussa and moderate Islamist Abdel Moneim Abol Fotouh.
-
With headquarters’ move, Egypt Exchange disconnects from heart of the city
Smart Village, a gated community of office buildings, is home to many multinational companies’ Egypt headquarters.
-
Egypt looks abroad for funding
The government is offering almost 8,000 plots of city land worth $2.5 bn and $2bn of certificates of deposit to its citizens living in Gulf States.