News
-
Market Report: Egypt stocks gain on IMF loan prospects
Egypt exchange's winning streak bolstered by confirmation of $3.2 billion IMF loan; EGX30 rises almost 3% in Sunday trading.
-
Finance Minister says Egypt to sign deal for $3.2 billion IMF loan next month
The sum will be disbursed in three stages: the first upon the deal's signing, and the second and third three and six months later.
-
Egypt tech spend fell in 2011, more gloom for 2012: IDC
Egypt's IT spending will be $2.13 billion in 2012, the third-highest level in the Middle East behind Saudi Arabia and the UAE.
-
Yield edges down at Egypt T-bill auction
The average yield on the T-bills edged down to 15.906 percent from 15.915 percent at the last issue on Feb. 7, the bank said.
-
Egypt's Unemployment Rate hits 12.4% in Fourth Quarter 2011
That represents an 825,000 people registered as unemployed between October and December 2011.
-
Financial Services increases capital of Mubasher Egypt by 50 per cent
Mubasher said that new investments in the midst of political challenges demonstrate its confidence in the resiliency of Egyptian market.
-
Nigerians are the top internet users in Africa, Egypt second
Egypt comes second at 21.7 million internet users, followed by Morocco which recorded 15.7 million.
-
Egypt's Beer- & Bikini-Approving Muslim Brotherhood
There is an up-and-coming generation that is more realistic about what needs to be done to bring in the tourists from abroad.
-
Egypt steel and cement prices rise in January
The price of regular Portland cement rose from EGP 22.93 to EGP 25.48 per 50 kilogram bag while the price of steel rose by 2.46%.
-
Mobinil deal will be sealed shortly: France Telecom VP
The France Telecom takeover of Mobinil is almost complete, says the French company's number two man to Ahram Online.
-
Nigerians are the top internet users in Africa, Egypt second
-
Gaza PM to press Egypt over electricity crisis
The prime minister's earlier visit to Egypt secured pledges to deliver more electricity, but they are far from being put into effect.
-
Azhar: Economy-support initiative not against US aid
The US aid is related to military goals and has nothing to do with the economy, the statement released by A-lAzhar said.
-
Hamas rejects Egyptian offer to transfer fuel
Gaza-based group says it won't accept deliveries made through Israel, proposes transfer through tunnels or Rafah crossing.
-
Egypt sets NGO trial date, escalating rift with US
The trial represents an escalation in what has become the deepest crisis in U.S.-Egypt relations in decades.
-
Fake Avastin's path to US traced to Egypt
Fake versions of the multibillion-dollar cancer drug Avastin that reached southern California have been traced as far away as Egypt.
-
EgyptAir A320 at Cairo aborts due to unsafe gear
The crew entered a holding to work the relevant checklists and performed a safe landing with emergency services on stand by about 20 minutes later.
-
How an Egyptian Revolution Began on Facebook
Ghonim’s memoir is a welcome and cleareyed addition to a growing list of volumes that have aimed to analyze social media's impact - Revolution 2.0.
-
Egypt discontinues mandate of agricultural experts in Sudan’s Sennar state: report
The Egyptian minister ordered the four agricultural experts out of Sudan though the report did not specify the reasons.
-
Egypt Tourism Authority undergoes striking advancements with .travel
With the great success of Egypt’s first .travel website, the Egyptian Tourism Authority developed another .travel website, www.trade.egypt.travel.