News
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Striking ceramics workers hold Italian consultants hostage
Workers at Ain Sokhna ceramics factory continue strike into 2nd day as military police fail to secure release of Italian experts taken hostage.
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Opinion: Red Sea safety
The parliamentarians have discovered irregularities in the licensing and operating of the ferries crossing the Red Sea.
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Haniyeh blames power crisis on Egypt
Looking to deflect the anger, Hamas leader Ismail Haniyeh told supporters that Egypt controlled the flow of fuel into Gaza.
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Turkey's biggest listed lender eyeing Piraeus Bank Egypt
Isbank, one of Turkey’s leading banking and financial groups, is looking to acquire Egyptian unit of fourth largest Greek lender (Piraeus).
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Tourism falls 28.5% in January
International tourism department at the Tourism Ministry said rates had especially declined from Russia, Israel, Kuwait and Saudi Arabia.
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How to Kill an Economy
An end to the gas deal may doom an economy that is already plumbing the depths of third-world despair, according to Lee Smith.
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Egyptian & Turkish stances on region are identical, says Egyptian ambassador
Egypt and Turkey have a keen interest in not allowing a nuclear arms race in the Middle East.
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Interact Egypt organises entrepreneur gathering
The organization says funding and business planning are the main challenges for Egyptian entrepreneurs.
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Egypt Court Rejects Second Mickey Cartoon Lawsuit
Mogul Naguib Sawiris Saturday used his Twitter account — the same way he spread the original images — to express relief.
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Egyptian & Turkish stances on region are identical, says Egyptian ambassador
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Saudi-Egypt causeway denied by KSA
Saudi Ministry of Transportation has issued a statement, denying the multi-billion dollar plan to build a bridge between Egypt and KSA.
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US says it supports IMF efforts to aid Egypt
The lifting of a travel ban eased a diplomatic dispute over the case between the longtime allies.
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Financial markets demand sharper crackdown against Egyptian workers
Since the revolutionary ouster of Hosni Mubarak on February 11 of last year, the international rating agencies have downgraded Egypt four times.
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Kuwait Energy makes new oil discovery in Egypt
The discovery of the El Salmiya-1 well in the Abu Sennan concession located in the Western Desert in Egypt, was announced Saturday.
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Spain to extradite Egyptian tycoon Hussein Salem to face jail sentence
Spain has agreed to extradite Hussein Salem, a business tycoon and Mubarak top ally who escaped a corruption trial in Egypt.
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Egypt: Ebeid, Wali Sentenced to 10 Years Over Corruption Charges
The court convicted them of allocating a plot of land in Bayadiya, in Luxor, by direct order to fugitive business tycoon Hussein Salem.
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Possible alternatives to US aid
“If the State’s resources are properly employed, Egypt will be a country offering aid to other countries and not vice versa,” writer Diab says.
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Egypt’s GUC students start hunger strike
The GUC administration issued a statement on Thursday saying the expulsions were “not politically motivated”.
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Slowing decline in foreign reserves gives Egypt time to obtain aid
Official reserves may have declined $1.1 billion to $15.3 billion, according to the average estimate of six economists.
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The Egyptian market's close?
Amid tension with Washington, consultants fear to work openly in Egypt as it prepares for a presidential vote.