News
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Ethiopia, Egypt agree to work jointly for mutual benefits
The two countries signed six agreements that focused on agriculture, education, capacity building and avoidance of double taxation, among others.
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Egypt hosts two prominent travel events highlighting its touristic position
Egypt was chosen as the destination for hosting two prominent events in the travel industry.
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Egypt Stock Exchange lost US$6 billion so far in September
The Egyptian Stock Exchange registered during the last 10 sessions its worst performance since the crash following the global crisis in 2008.
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Taranaki technology Egypt-bound
Digital Insight last night packaged & transported hundreds of thousands of dollars worth of remotely operated ultrasonic testing equipment to Egypt.
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PerkinElmer Helps Egypt's Ministry of Health Build World's Largest Newborn Screening Laboratory
The newborn screening will be offered free of charge to all Egyptian families, and is targeted to reach approx. 96% of babies born in the country.
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Apache's double delight in Egypt
Apache has struck it lucky once again in Egypt, with two new drilling successes to add to its previous discoveries in the north African state.
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Steel industry not affected by Ezz case, minister says
Mahmoud Issa said that the country’s iron and steel industry will not be affected as the government proceeds to withdraw licenses.
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Sanmar group to invest $1.3 bn for expansion in Egypt
Chemicals maker TCI Sanmar will invest USD 1.3 billion to produce 2.75 lakh tonnes of caustic soda annually and 400 tonnes PVC at its plant in Egypt.
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Orascom lifts Egypt; Gulf down on euro debt woes
Egypt's Orascom Telecom (OT) surged on Monday on a report of a positive valuation of a unit, helping the bourse break a six-day losing streak.
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Egypt bans palm frond exports for Jewish holiday
Israel's Agriculture Ministry says Egypt has banned the export of palm fronds to Israel and Jewish communities abroad.
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Egyptian businessmen hold talks with counterparts in Turkey
41 Egyptian businessmen from the Alexandria Chamber of Commerce will hold talks with their Turkish counterparts till September 20.
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Egypt's hotels public holding company reviews Nile Ritz Carlton Bids
Misr Hotels Company is currently reviewing the four bids it received for revamping its Nile Ritz Carlton Hotel and will take a decision with days.
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Ezz Drops to Two-Year Low on Report Egypt Seeks $111 Million
Ezz Steel (ESRS) plunged to the lowest level in more than two years on a report the company will have to pay the Egyptian government 660 million EGP.
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China’s Baidu launches in Egypt
China’s Baidu, the country’s largest search engine is making a push into North Africa with the launch of a new website in Egypt.
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Egypt discussing finance package with Saudi, UAE
Egypt is discussing financial packages for budgetary and other support with Saudi Arabia and UAE that could exceed a total of $5 billion.
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What’s next for Egyptian finance?
Yet the outlook for Egyptian financial markets will remain uncertain as its political crisis coincides with an emerging markets contraction.
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Jordan fluctuating gas supplies could cost USD 1 billion
Jordan News Agency reported that fluctuating gas supplies from Egypt could cost Jordan USD 1 billion by yearend.
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Starting tomorrow, entrance to pyramids using electronic tickets
After some experimentation, a new electronic ticket cards system will be implemented at the entrance to the pyramids, replacing paper.
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Gas station owners deny responsibility for supply shortage
A group of 30 Cairo gas station owners demonstrated Sunday in front of Misr Petroleum, demanding proper allocation of gas and oil resources.
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‘Wait-and-see’ game about Egypt
Islamic financial institutions in general are playing a “wait-and-see” game regarding Egypt.