News
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Egypt looks to India to boost struggling tourism market
The Egyptian Tourism Authority is planning to kick off a major promotional campaign in India this March.
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Egypt requests $1 billion loan from World Bank
The World Bank has received an official request from the Egyptian authorities to support their economic program.
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Commentary: Egypt loves and hates foreign aid
Even after $26 billion in foreign aid since 1979 — military and civilian — Egyptians have a bad taste in their mouths.
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Egypt Okays Development Along River Nile
Egyptian Water Minister Hesham Kandilu said Nile Basin countries should invest in development projects on the River Nile.
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Imported meat in Egypt triggers war
A secret war has broken out between certain officials at the Ministry of Agriculture and a group of importers importing live cattle from Ethiopia.
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Egypt, Hamas agree to link electricity grids
Prime Minister Ismail Haniyeh struck a deal with Egyptian officials and the Islamic development bank after "intensive negotiations."
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India drags Turkey, Egypt to WTO for import duties on Cotton yarn
India took Turkey & Egypt to the World Trade Organisation for imposing special import duties on Indian cotton yarn.
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Egypt property tax shake-up will exempt first homes
New law will impose progressive taxes on rental properties and take effect on 1 July if passed by parliament, claims newspaper.
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Egypt's OTMT optimistic on plan with France Tel
France Telecom said it was in advanced discussions with OTMT to increase its stake in Mobinil in a deal that could be worth up to EUR1.5 billion.
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Vodafone Egypt adds 1.3 mln customers in Q4
Quarterly voice traffic rose to 20.044 billion minutes, up 5.0 percent on a sequential basis.
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Egypt’s AUC finance students top National CFA competition
The competition was hosted by AUC and featured teams from Ain Shams University, Cairo University, Helwan University and the GUC.
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Egypt-German renewable energy conference to take place Sunday
Event attended by major German firms aims to highlight investment opportunities in Egypt's burgeoning renewable energies sector.
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Sawiris: Egypt Will Keep Good US Relations
It's just late February but the 57-year old entrepreneur has already had a hectic year.
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Egypt Dollar Bonds Fall on Concern U.S. May Cut Off Military Aid
The yield on the nation’s 5.75 percent notes advanced five basis points, or 0.05 of a percentage point, to 7.29 percent.
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Telecom Egypt sees businesses investing again
Telecom Egypt reported fourth-quarter net profit of 584 million Egyptian pounds ($96.8 million), up 0.5 percent from a year earlier.
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Egypt shares surge 2.5 pct on upbeat financial results
Better-than-expected earnings for Telecom Egypt and Commercial International Bank fuel an uptick in trade, sending the main index surging green.
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Telecom Egypt says 2011 net declines 6.8 pct
Earnings before interest, tax, depreciation and amortisation were 4.55 billion pounds, down 2.4 percent from a year earlier.
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Doubts over Egypt's $3.2bn IMF loan
This week, Momtaz El Saieed, Egypt's finance minister, said the country expected to sign the loan agreement with the IMF next month.
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Egypt currency depreciation further blow for economy: Experts
Egypt's heavy dependency on overseas goods would mean added woe for already squeezed consumer.
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EgyptAir Increases Sales Commission for Agents in Australia
The increase applies for published fares sold on Egyptair international sectors.