News
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Arab Spring Seen as Unlikely to Yield Big Investment Openings
It will take many, many years for a stable, attractive investment environment to emerge.
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85 percent of Egyptians use Google
The Egyptian ministry of information estimates the number of Internet users in the country to be 25.87 million people.
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Egyptians still await economic change
Seven months on from the ousting of President Hosni Mubarak in Egypt, there are protests pretty much every day.
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Panel formed to prepare for Arab development summit in Riyadh
The council decided to form a ministerial committee from the Troika of Arab development summit (Kuwait, Egypt and Saudi Arabia).
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Egypt and Turkey: Trade exchange to reach $ 10 billion
Egypt and Turkey enjoy great potentials in natural resources and a huge market stretching to African and Asian continents.
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Ezz verdict pushes Egypt market lower
The index closed down 2.7 percent to 4,365 points and Ezz Steel was down 8.9 percent before the bourse suspended trading.
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Egypt jails two ex-officials and business tycoon for corruption
The court imposed a joint fine of 660 million Egyptian pounds, and jailed Rashid for 15 years, while sentencing Ezz and Asal for 10 years.
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Egypt's Citadel Capital gets a new cash injection
Private equity firm announces equity holders have sold 15 million shares and will pump them into the firm via a non-interest loan.
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Erdogan: Turkey, Egypt should lift visa requirement after votes
Erdogan said the two countries should increase Turkey-Egypt trade volume to $5 billion in two years, by removing visa procedures after elections.
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Egypt establishes committee to deal with land sales issues
One of the main areas of focus for the panel will be the price at which land was sold under the regime of former president Hosni Mubarak.
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Egypt Arafa's consolidated 6-month net down 78 pct
The firm's unconsolidated net profit for the period was $282,000 compared to $31.4 million a year earlier.
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Egypt Arafa's consolidated 6-month net down 78 pct
The firm's unconsolidated net profit for the period was $282,000 compared to $31.4 million a year earlier.
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Egypt's Kabo posts full-year net loss: bourse
Last month the company lost exports worth about 4 million Egyptian pounds after it was hit by a labour strike.
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Tensions with Egypt Affect Lulav Exports & affect the Jewish Holiday of Sukkot
Egypt announces that it will not export lulavim to Israel this year, in the wake of recent tensions between the two countries.
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Egypt Stocks: Ezz Steel, Amer Group and Arab Cotton Ginning
AMER EY retreated 1.6 percent to 1.24 LE, ACGC tumbled 5.2 percent, the most in almost six months, and ESRS declined 2.3 percent.
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Turkey, Egypt to drill in Mediterranean: Minister
Turkey intends to cooperate with Egypt in searching for natural gas in the Mediterranean, given the latter’s experience in deep-water drilling.
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West may trump Egypt in Libya business deals
Arab states such as Qatar, which provided early diplomatic material and military support, may also get better treatment.
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Oil markets likely to remain more influenced by global economic cycle
In the absence of further risks to supply, oil markets are likely to remain more influenced by the global economic cycle than by geopolitical risks.
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New study quantifies use of social media in Arab Spring
Twitter offers the clearest evidence of where individuals engaging in democratic conversations were located during the revolutions.
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Maui Wowi Hawaiian plans Middle East expansion
Maui Wowi makes Hawaiian coffee and fruit smoothies and has 575 locations worldwide, including in Saudi Arabia and Kuwait.