News
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Orascom Construction fourth quarter net falls more than expected
OCI reported a 34 percent drop in quarterly net income, missing expectations after being hit by debt restructuring and other charges.
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Egypt's Citadel Capital to buy 35 percent of E. Africa railway
Another shareholder in RVR, TransCentury, has complained about the deal and says it will seek legal redress.
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The true price of Egypt's freedom
Mubarak is long gone – but in place of brutality and cronyism, fear of crime and poverty have soared.
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Novartis, the global drug company, is set to build a plant in Turkey
In the past, Egypt had taken some steps to become the health center of North Africa but the recent unrest brought those steps to a halt.
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Three dead in Suez Canal blast
A diesel tank of a tugboat exploded in Egypt's Suez Canal, belonging to the Petroleum Marine Services Co.
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Vodafone Remains Exposed to Egypt Risks a Year After Uprisings
Vodafone is seeking an amendment to the law to curb the state’s control and to protect its Egypt investments.
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Egypt's smuggled cigarettes heighten cancer risk: Report
Chemicals causing additional health problems are present in illicit cigarette brands, new government research claims.
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Experts weigh in on bane of corruption in regional business
On the corruption scale measured by the ERF, Egypt is rated one of the highest in the region, along with Jordan, Tunisia, Kuwait and Algeria.
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UN Rights Council supports Egyptian initiative for return of smuggled funds
The representative of Egypt explained that the resolution had received the full support of the African, Arab and Islamic countries.
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Shafiq: Egypt Needs a 'Professional Player'
Arguing that the economy is going through a rough patch, Shafiq insisted on his ability to regain the confidence of the international community.
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Emaar in deal to manage Egypt resort
Marassi Golf Resort & Spa will be centrally located in Marassi, the 1,544 acre tourist resort located on the picturesque Sidi Abdel Rahman & Alamein.
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Dubai developer inks terms for $500 million Egypt mall loan
MAF Holding says it is in the final stage of securing finance for the Mall of Egypt project, set to be one of North Africa's largest malls.
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Egypt's Juhayna pays dividends despite weaker 2011 profits
Leading dairy producer says it will pay out LE0.15 per share despite last year's middling performance.
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Eissa - Turkish Investments in Nation to Exceed One Billion Dollars
Egyptian Ministry of Industry and Foreign Trade strives to solve the problems facing foreign investors to facilitate the flow of investments.
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Egypt blames hoarding for renewed fuel shortages
Some Egyptians pointed to panic buying by consumers convinced the government will be forced to slash the state subsidies.
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Vodafone Invests EGP 1.3 Bln In Infrastructure
The company’s target of the new investments is to suit its customers’ changeable demands.
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Nigeria: Borno Seeks Agric Technology From Egypt, Thailand
In Cairo, the Borno delegation met with the Egyptian minister of Agriculture and Land Reclamation, Mr Mohammad Reda Ismail.
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Egypt's EFG Hermes in merger talks with Qatar firm
EFG Hermes and the Qatari Islamic investment bank are in talks for a tie-up of their securities brokerage and asset management.
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Optimism on Egyptian property
The fall of Hosni Mubarak from the presidency uncovered a string of scandals in the property industry relating to land ownership.
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FMD outbreak in Egypt threatens region
FAO said 40,222 cases of FMD are suspected in the Lower Nile Delta region, according to official estimates, and 4,658 animals have already died.