News
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Egypt GDP grows 1.9 pct in 10/11, 2.4 pct growth predicted for 11/12: Govt official
Government official announces disappointing growth figures for 2010/11, predicts improvement in 2011/12.
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Egypt Turns to Sukuk to Save Economy
Sheikh Hussein, a leading scholar in the Islamic banking industry, said the Egyptian government is preparing to raise about $2 billion sukuk.
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Egypt's OTMT to pay dividend from Mobinil proceeds
CEO says OTMT will continue to manage Mobinil and earn $1 billion from sale of its stake.
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Egypt's Juhayna rising on a tide of milk sales
Juhayna, Egypt's largest dairy producer, aims to fatten its share price by cultivating Egyptians' taste for its goods.
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Egypt seeks 70,000T gasoil for Mar and June: trade
Egypt has an existing half yearly term contract to buy about 480,000 tonnes of gasoil for delivery into Alexandria.
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Egyptian Stocks Surge to Highest in Almost 7 Months on Mobinil
The benchmark EGX 30 Index climbed 4.8 percent to 5,125.93 at 12:02 p.m. in Cairo, the highest intraday level since July 25.
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Security should be prime focus of businesses in Egypt, says expert
Stephan Berner, managing director at help AG, says the problem enterprises face today is how to give their employees both flexibility and mobility.
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Chinese firms: Good prospects in Egypt
China Daily reporter Li Lianxing looks at how Chinese businesses in Egypt view their future.
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Egypt’s Unwise Course
It is unlikely that any group receives more money from foreign sources than the military — roughly $1.3 billion in US government aid per year.
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Threats to cut Egypt assistance could impact Israel, U.S. influence in Mideast
The aid has been a crucial moderating lever keeping the peace between Israel and Egypt for more than three decades.
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Hassaan's initiative to compensate for US aid
Hassaan, a very popular Islamic TV preacher, has called for all Al-Azhar scholars and preachers to adopt his initiative.
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Popular campaign issues list of Egypt's ex-regime figures with frozen UK assets
Popular Initiative to Retrieve Egypt's Money lists 19 Mubarak-era officials and relatives whose funds were frozen by UK authorities.
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France Telecom Agrees to Buy Most of Sawiris’s Mobinil Shares
France Telecom will take over most of Sawiris’ stake in Egyptian Co. for Mobile Services, the operator known as Mobinil, at 202.5LE a share.
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Lobbies prevent reform of Egypt's subsidy system: Minister of Supply
New parliament quizzes minister over his plans to tackle rising bread prices.
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Egypt's army ruler urges good U.S. ties after NGO raids
Tantawi emphasized "the importance of maintaining the established relationships between the U.S. and Egypt & strengthening them.
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Galal Amer: An iconic Egyptian writer passes away
The man is widely loved and respected by his peers and readers alike for his immaculate wit and powerful wisdom.
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Egyptian businessman Naguib Sawiris in court for Islam blasphemy
The judge hearing the blasphemy case against Coptic billionaire telecoms mogul Naguib Sawiris, adjourned the case on Saturday until March 3.
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Egypt's Sharm El-Sheikh national museum begins 2nd stage of construction
Museum, which will be home to some 7,000 artefacts from prehistoric to modern times, enters second phase of construction.
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Egypt’s Stocks Rise to 6-Month High on Mobinil, Strike Failure
People are growing more confident in the market after lack of response from the public to the strike called for by some activists.
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Egypt’s military junta orders formation of new National Council for Women
The Egyptian Cabinet announced that the Council will include 30 new figures and that the chairman of the Council will be elected.