News
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Egypt Agreed to Export 650 Metric Tons of Cotton Last Week
The country has shipped 66,345 metric tons of cotton valued at $208.8 million since the marketing year beginning Sept 1.
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Egypt's balance of payments see $8 billion deficit in first half of 2011/12 fiscal year
On the drop of direct foreign investment and outflow of capital and financial accounts, Egypt's balance of payment recorded a deficit.
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Egypt Foreign Minister Mohamed Amr in Japan
Both sides are interested in boosting Japanese investments in Egypt as well as trade and economic cooperation.
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Jobs key to Arab Spring recovery
Progress is being made to bring jobs to the troubled states of the Middle East and North Africa.
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Egypt Q4 balance of payments deficit $5.7bn
Egypt’s economy had been hammered by a year of turmoil since its uprising, which scared away tourists and investors.
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Commentary: Seeing the elephants in the room
So much of the economy at the macro and the micro level remained unchanged, unproductive and unfair.
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Egypt to Expand Qualified Industrial Zones, Trade Minister Says
A U.S. trade delegation is slated to visit the country in the first half of April to discuss the expansion of the areas commonly known as QIZs.
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Muslim Brotherhood's business heads enter the spotlight
Created by Brotherhood businessmen, the 150-member strong Egyptian Businessmen Development Association was launched on Saturday.
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Egypt Shares Slump on Soccer Clashes
Egypt’s benchmark index has climbed 37 percent this year, making it the best-performing measure in the Arab world.
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Pressure from Weapons Industry Leads to Renewed Military Aid to Egypt
A delay or a cut in the aid would have forced Egypt to break contracts with American arms makers and shutting down production lines.
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Crédit Agricole Egypt unveils “Fidèle Club”, a new brand dedicated to top clients
Fidèle Club stems from Crédit Agricole Egypt’s core values of fidelity, friendliness, professionalism and trust.
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Yield dips at Egypt 266 days treasury bills
This was the central bank's second auction since it lowered the reserve requirement on local currency deposits to 12 percent.
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Salafi presidential candidate says Egypt must follow Israel’s casino policy
No Egyptian should be humiliated, and this won’t make the country poor but it will increase its income, Sheikh Hazim Salah Abu Ismail said.
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KarmSolar develops renewable energy solution for ‘off grid’ farmers
KarmSolar believes this will allow farmers to reduce their energy bills by 50-60 percent.
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Egypt military looking to keep its grip at least on economy
As a power transition looms in Egypt, the military bargains with the Muslim Brotherhood to protect its widespread but murky business dealings.
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What next for Egypt, IMF as loan in doubt
According to a source close to the loan deal, the problem lies in the Egyptian government’s desire to have lower interest.
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International tourism union suspends Egypt's membership
Federation says Egypt's tourism union fails to meet global standards when it comes to workers' freedoms.
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Egyptian beggar makes KD 1,356 in two days in Salmiya
Investigations revealed that the man came to Kuwait from his home country Egypt on a visitor’s visa to practice begging.
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Libyan Tribe Closes Border Crossing With Egypt
"We decided as residents of the border to close it until the Interior Ministry assists," Bassit al-Harram said.
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Economic distress, not ideological fervor, is behind Sinai's terror boom
When looking for the motivation behind the 13 explosions that hit the gas line connecting Egypt and Israel, it's too easy to blame al-Qaida.