News
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Some amounts of Israeli fuel reach Gaza Strip amid Egypt tensions
The shipment did not meet Gaza's total energy needs for even one day, one official said, and the territory still lacks a reliable fuel supply.
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Egypt to allocate LE 32.5 million for Nile Basin Initiative projects
Some argue that the move is an attempt to push development projects being made by upstream countries.
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Egypt's economic reform proposals ignore social justice: Civil group
Proposed government plans to curb the country's public debt to meet International Monetary Fund approval fail to address endemic poverty.
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Egypt business heads make case against progressive income tax
Leading figures say progressive taxes could harm the country's economy and that other, looser levies are a better short-term measure.
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YouTube announces Space Lab winners, including Egyptian
Mohamed, who his fellow finalists called the “Spider Man,” wants to see how zero gravity affects the habits of zebra spiders.
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Egypt and the Nile water debacle
Only a few years ago, the Nile Basin Initiative (NBI) was celebrating its 10 years in existence in Alexandria.
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IMF says talks in Egypt were fruitful
Egypt had spurned an IMF loan last year but has since changed its mind amid a stalling economy.
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Court Cans Suit Over Coca-Cola Plant in Egypt
Egypt had sequestered and nationalized Coca Cola's property in 1962 as part of "the anti-Jewish policies of its then President Gamal Abdel Nasser.
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Egypt records biggest yield drop since revolt
Decline in borrowing costs signals longer term sales as government seeks to tackle post-Mubarak financial needs.
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Jobs at Home Drive Obama Administration’s Egypt Aid Decision
The administration considered the potential loss of U.S. jobs in Ohio, Texas and elsewhere generated by Egyptian military contracts.
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Clinton to let military aid to Egypt go ahead, Leahy says
Congress has approved $1.3 billion in military aid to Egypt -- the same level the country has received for years -- for the current fiscal year.
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Egypt minister denies talks with Mubarak-era trade minister Rachid
Industry Minister refutes claims Mubarak-era minister Rachid Mohamed Rachid will be allowed reentry to Egypt pending repatriation of funds.
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Israelis advised to steer clear of Jordan and Egypt
Israel's National Security Council Counter-Terrorism Bureau came out with the advisory on Wednesday, telling Israelis in Sinai to leave at once.
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Egypt central bank seen keeping key rates steady
At its last monetary policy meeting on Feb. 2, the central bank left benchmark interest rates unchanged.
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Saudi investors take Egypt to court over $350m losses
Investors claim to have lost multi-million dollars following asset seizures in Egypt.
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Egypt-Hamas Standoff Disrupts Gaza Power
Hamas wants not just fuel: It hopes to leverage the crisis into getting Egypt to open a direct trade route with Gaza.
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New foot and mouth disease strain hits Egypt: FAO
There have been 40,222 suspected cases of the disease in Egypt and 4,658 animals, mostly calves, have already died.
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Spate of Egyptian hotel developments set for 2012
Mövenpick Hotels & Resorts pledge commitment to Egypt and IHG takes over Port Ghalib Resort, in Marsa Alam.
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Chinese Vice President Vows Closer Ties With Egypt
China hopes to work closely with the country to further consolidate political trust and enhance coordination in global affairs.
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UN, EBRD to boost Mediterranean agribusiness
The EBRD will put forth $1.5 million by the Bank’s SEMED multi-donor account and FAO will provide the remainder of the funding.