News
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Egypt’s Parliament Recommends Supplying Gaza With Electricity, Fuel
Assembly members recommended that Egypt provides Gaza with all of its electricity and fuel supplies.
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With high-tech system, Egypt hopes to avoid possible pandemic
The government, taking the threat of a pandemic seriously, has launched annual vaccination campaigns to mitigate the number of fatalities in Egypt.
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American Energy Company to Invest $1 billion in Egypt
Seeing opportunity where others see risk, Houston-based oil and gas exploration and production company Apache Corp. plan to invest $1 bln.
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Egypt’s Orascom shareholders approve Mobinil sale to France Telecom
The shareholders announced their vote late on Thursday evening of the Egyptian mobile operator.
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Egypt Stock Market Commentary – Week Ending March 2, 2012
The Egyptian EGX30 index rallied a further 4.4% this week, taking YTD performance up to +48.2%, just 4.6% shy of its 12 month high.
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Egypt mobile operators impose stamp duty on prepaid subscribers
Proceeds from the duty, which came into effect Thursday, will go entirely to the government; Mobile operators paid this duty in the past.
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The countries with the cheapest gasoline
The IMF estimated that 65 percent of the fuel subsidies in Africa benefit the richest 40 percent of households.
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TUB aims to excel in science, engineering
The Technical University of Berlin (TUB) Campus El Gouna will open its gates to graduate students starting Oct. 1.
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Egypt considering cutting energy subsidies
The announcement is not likely to go over well with a vast majority of the population that relies heavily on subsidized goods.
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Yield edges down at Egypt T-bill auction
The average yield on the 182-day T-bills was 14.89 percent, down from 14.923 percent at the last week's auction.
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Egypt issues corruption decree
Finance ministry announces end to auditors at public institutions receiving benefits from the very establishment they are inspecting.
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In Egypt NGO Case, Economic Reality Appears to Trump Politics
Whatever political gains Egypt's leaders may have sought to reap from anti-Americanism seems to have come up against a hard economic reckoning.
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Egypt rights group sues GUC over students’ expulsion
Egypt’s Association for Freedom of Thought and Expression filed the two cases on behalf of the two expelled students.
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Market Report: Egypt stocks make mild gains on cautious optimism
Investors project EGX30 to reach 5,600 points but remain wary of a possible harsh correction.
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MBC exec heads for Egypt's CBC
Badih Fattouh joined CBC this month, relocating from Dubai-based MBC, and will oversee the free-to-air satellite TV group's CBC and CBC Drama.
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Cairo airport told US NGO workers can leave
US Secretary of State Hillary Clinton said on Wednesday she had no confirmation that the ban was lifted.
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Apple becomes larger than Saudi Arabia, Belgium, Poland and Egypt
The recent gain in shares of gadget giant Apple led the company's market cap to edge over the $500 billion making it the largest company in the US.
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Researchers unveil plan to boost African rice production
It is hoped that rice production in sub-Saharan Africa will increase from 18.4 million tons in 2010 to 46.8 million tons by 2020.
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Saudi Binladin likely to build $3 bln causeway to Egypt
Fouad Abdel Aziz said that he has discussed all the engineering and technical aspects of the project with the Egyptian Roads & Bridges Authority.
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Egypt mobile phone subscriptions up 18 pct in 2011
In December 2010, Egypt's three mobile operators -- Etisalat Egypt, Mobinil and the Egyptian unit of Vodafone -- had 70.66 million subscriptions.