News
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Egypt: East Oweinat to Be Linked to National Power Grid
Electricity Minister Hassan Younis said on Wednesday 19/10/2011 East Oweinat area will be linked to the national power grid on Tuesday.
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Could renationalisations transform Egypt's textile sector?
A key figure in the Egyptian textile industry has called on his government to invest in the two companies that have recently been re-nationalised.
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US shares NGO funding records with Egypt
Patterson is working to soothe Egypt's concerns that "foreign elements" are operating on sovereign soil without proper approval.
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Egypt to hike gas prices to Jordan-cabinet
Egypt's cabinet has approved a deal signed between the Egyptian oil ministry & its Jordanian counterpart to hike the price of gas exports to Jordan.
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Thursday markets end with Limited rise
Stock market indices ended the week with a small gain Thursday, with the EGX 30 gaining 0.02 percent to close at 4,264 points.
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Orascom Development opens first hotel in Oman
Orascom Development announced the opening of Sifawy boutique hotel in Jebel Sifah Resort in Oman.
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UK to support media organizations throughout Egypt, says deputy PM
The aid to media organizations will come from a larger package of £5 million in grants, which the UK government will be giving to Egypt.
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Egypt has received $500 million Qatar grant: Official
Deputy finance minister says the promised sum has arrived in Egypt's central bank, praising the 'fraternal ties' between the two countries.
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US Ambassador to Cairo provides Egypt list of US-funded societies
The US has handed the Egyptian government a list of the Egyptian societies that receive American funding, US Ambassador to Cairo Anne Patterson said
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Egypt becoming more difficult to do business: World Bank
Annual report has Egypt falling to 110th place in list of business-friendly countries, citing problems with tax-paying and investor protection.
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"Entrepreneurship key to Egypt's economic success": Intel Capital at ArabNet Cairo Conference
Intel Capital yesterday stressed the crucial importance of fostering entrepreneurship to move the Egyptian economy forward.
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Britain announces $7.9M in economic aid to Egypt
The office of Britain's deputy leader says he plans to announce a 5 millon pound boost for the Egyptian economy during an upcoming visit to Cairo.
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Egypt: a $3.7bn gleam in the dark
Ahmed Heikal, one of Egypt’s best-known financiers, is pressing ahead with a $3.7bn refinery investment despite the political uncertainty.
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Egyptian Wheat Buyer Compensated for Late Russian Shipments
Egypt’s main state wheat buyer is being compensated for Russian wheat purchases which were delayed due to railroad congestion.
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Egypt must prepare for communications boom
Organizations in Egypt seeking to deploy Unified Communications services face several infrastructure-related challenges.
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EU extends ban on Egyptian seeds
Freeze on certain imports to Europe is extended another six months to March 2012, with EU authorities citing insufficient safety in seed production.
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£5m deal to boost Egyptian economy
A £5 million package to boost the Egyptian economy is to be announced by Deputy Prime Minister Nick Clegg during a visit to Cairo.
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Apple kills GPS function to get iPhone on sale in Egypt
Cairo's ban on satellite navigation technology means Egyptian customers have to make do without key feature.
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Egypt narrows trade deficit by 14pct YoY
Deficit in Egypt’s trade balance narrowed 13.8% in July 2011 below July 2010 to reach EGP 13.5 billion mainly due to the higher growth in exports.
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Egypt revolution did not affect economy: economist
Egypt’s January 25 Revolution did not have negative repercussions on the local economy, according to Cairo University economics prof. Ahmed Ghonim.
