News
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Egypt trims sale size of 5- and 7-year bonds
The central bank sold 1.6 billion pounds of five-year bonds maturing on January 17, 2017, and carrying a coupon of 16.35 percent.
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Grand Mufti calls for internet dialogue
The Grand Mufti Sheikh Ali Gomaa called for caution and understanding, but rejected calls for a ban on social networking.
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Clock Ticking for Egypt’s Finances
Reserves fell to $16.4 billion in January from about $36 million a year earlier, a drop that economists all agree imperils the economy.
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Egypt expects $8 bln in petroleum investments, says minister
Hanan Amin-Salem from PFC Energy asserted that the industry’s primary concern is not in fact political instability, but economic populism.
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ABC Bank Egypt targets tripling market share in 3 years
The Cairo-based and listed lender will expand investment banking activity and introduce new retail banking products.
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Egypt water minister lauds 'new chapter' with Nile Basin states
Hisham Kandil points to good relations with upstream states but reiterates refusal by Cairo, Khartoum to sign on to 2010 Nile-sharing agreement.
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Egypt Seeks Attracting More Danish Investments
CEO of the largest Danish fish products company and a delegation of Egyptian businessmen discussed means to launch joint investments.
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US Sen. McCain says relations with Egypt changing
McCain's comments Monday to a Cairo business conference reflected the growing strain in the relations between the two allies.
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Arab economy in the post-revolution era
Egypt’s future is promising yet its economic situation is greatly dependent on the completion of the democratic process and the return of stability.
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Rooftop Hydroponic Farms in Egypt Scrub the Air and Uplift Urban Poor
Urban farming in Egypt has soared. Read about Schaduf – a soilless solution taking root in Maadi.
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Iran plans $5 billion investment in Egypt
A delegation of Iranian investors will arrive in Cairo within the next few days to discuss ways of boosting cooperation in the private sector.
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Liberal, leftist, Islamist economists talk post-Arab Spring development
Egyptian economists of different orientations exchange views on national, regional development within context of still-unfolding Arab Spring.
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WHO allows publication of bird flu research
Scientists in the Netherlands and the United States have made versions of the virus which could potentially spread more easily between humans.
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Egypt becomes largest consumer of Ukrainian corn by 2011 results
Despite an anxious stage of post-revolutionary transformations & formation of state institutes, Egypt remains an active trader with Ukraine.
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Future bright for Egypt's web-savvy
Ministry of Communications and Information Technology says it expects the IT-industry in Egypt to be worth $2 billion by 2013.
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Nominations for president to start March 10
A decision is expected soon on when Egypt will hold presidential elections.
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Egypt trade deficit drops 6.4% in November: CAPMAS
Official statistics agency attributes Egypt's falling trade deficit to surge in exports, rising commodity prices.
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Egypt's real estate sector back in the spotlight
Property prices are starting to stabilize as land disputes are resolved, while Cityscape Egypt opens its doors.
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Egypt's new Metro to run on Tuesday
The metro should evoke national pride after the January 25 Revolution, Transportation Minister Galal Saeed said.
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OBE Organic cracks Egypt organic market
Australian organic meat producers OBE Organic is the first halal organic meat company in Kuwait and Egypt.