News
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Egypt’s Economy at the Mercy of its Military
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Peres: No bikinis - no tourism in Egypt
President predicts 'no external source can save Egypt' adding Israel should not intervene or gloat in wake of Cairo's situation.
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One sure thing: a pro-market Egyptian constitution
The assembly writing Egypt's new constitution is likely to agree on putting business interests and growth ahead of social justice.
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Egypt's plan to sell debt to citizens abroad delayed
Egypt is looking for foreign currency to finance both budget and balance of payments deficits that have widened dramatically.
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Egypt Named "Official Home for British Diving"
Diving enthusiasts across the UK have been voting at the DIVER Awards annually for 14 years.
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Government special funds have LE36.2 billion, says minister
The Ganzouri government is the first to examine these funds and check where the money is spent.
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Market Report: Egypt stocks slip 1.4 pct on Djezzy, political unease
Telecom giant takes heavy losses as investors look for political direction amid stifled trade.
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UK freezes more assets of Mubarak regime figures
Latest crackdown brings the total of frozen Egyptian assets in the UK to LE850 million; dispute still rages over how and when they can repatriated.
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Al Nasharty Returns Egypt To Sign Debt Settlement Deal
Amr Al Nasharty, chairman of Sainsbury's Group, said that Egypt’s revolution which made him anxious to contribute to the economy.
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Egyptian Foreign Reserves Fall to $15.1 Billion in March
The reserves fell by $599 million from about $15.7 billion in February, the central bank said on its website.
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Arab Affairs Commission Recommends Activating Signed Agreements With Sudan
The Commission also recommended extending a railway line between Egypt and Sudan, and thus, activating mutual investment.
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Tanker with Syrian oil passes through Egypt's Suez
A canal official said the 81,000-tonne M.T. Tour was carrying crude from Syria to Singapore, and had been "allowed to pass through the Suez Canal.
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Egypt: Capital markets on the up
The Egyptian Exchange (EGX) has risen almost 50% in the year to date, as investors have returned to the market.
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Egyptian Entrepreneurs Hope Technology, Google Funding, Will Spur Economy
Several dozen technology entrepreneurs think they have what it takes to spur job creation, despite political uncertainty.
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Egypt economy precarious
Total deposits in banking system, (excluding the Central Bank of Egypt), were 989.4 bn Egyptian Pounds.
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In political fight with Egypt's army, Muslim Brotherhood follows the money
Muslim Brotherhood wants to force the military's vast business holdings into the open and make them accountable.
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Damac Properties Says Cairo Shopping Mall Will Open This Year
Damac Properties assured that its shopping mall in Cairo is due to open by the end of the year.
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Building A Green Egypt - What Has To Happen
"The country’s reserve pool (of oil and natural gas) will only last a few more years,” said Amr El-Abyad, an energy specialist.
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To the victor in Egypt's presidential race: a terrible economy
Whoever wins the presidential elections will start with less than half the foreign reserves Egypt had before the revolution.
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Egypt accepts Spain's conditions for tycoon's handover
Egyptian officials have promised Hussein Salem a free and fair trial, clearing the way for his transfer.