News
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The Army, the People, and the shadowy economics behind Egypt's military rule
GlobalPost has spent several months of reporting in Cairo and Washington to try to come up with a scale of the military's economic might.
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Alcotexa sells 4,336T cotton in last week
The sales comprised 1,174 tonnes of the Giza 88 grade of cotton and 3,162 tonnes of Giza 86 grade, an Alcotexa official said.
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Egypt Should Save on Assets, Subsidies, Heikal Writes in FT
Chairman of Citadel Capital SAE Ahmed Heikal says Egypt could save as much as $58 billion a year if it used its state assets correctly.
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Egypt's major stocks trading 1.7 per cent up as parliament opens
Shares in the two companies derived from an assets split of Orascom Telecom are seeing the highest activity for the second consecutive day.
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Ministry: We Won't Accept Support From USAID to NGOs Except Under Government Control
Current investigations carried out over foreign funds received by NGOs do not aim at conviction.
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Cityscape Egypt gears up for February real estate exhibition
With one month to go before the event opens from Feb. 20-23, real estate professionals, developers, investors etc. are expected to attend.
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State TV news staff launches protests to demand independence
TV presenters, directors, editors and video journalists submitted a list of demands for Anis which includes sacking Moataza Mahaba.
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Egypt public banks and stock exchange to close for revolution anniversary
Banks will resume operations on Thursday morning, the central bank added.
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Yield at Egypt T-bill auction rises, size trimmed
The average yield on the bills rose to 15.802 percent from 15.386 percent at the last issue on Jan 10.
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Hamas bans import of cars from Egypt
Move part of crack down on smuggling of stolen cars from Sinai to Gaza.
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Campaign slams IMF for 'illegitimate' negotiations with Egypt
The Popular Campaign to Drop Egypt’s Debt held a conference Saturday to demand that the government leave the decision to accept the loan.
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Market Report: Egypt's major stocks climb 1.3 pct on telecoms rally
Orascom Telecom's return to the market spurs a Sunday appetite for high-cap stocks, as investors ignore imminent protests & push turnover to a high.
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UrFilez and Etisalat sign deal to launch radio app
The UrFilez app will initially be available in Egypt, Saudi Arabia, Qatar and the UAE, said Hassan Miah, the co-founder of the company.
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'Egypt's economy better within 7 years'
Mohamed Gouda said during the conference of the Federation of Egyptian Industries that this renaissance needs security to return to the streets.
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In Arab Spring, economic gain may trump pain
High youth unemployment and an unequal distribution of wealth sparked the Arab world's protests and have not improved.
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Egypt’s Economic Crisis
The country’s foreign currency reserves have fallen from a peak of $36 billion to about $10 billion and could run out entirely by March.
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Egypt Homebuilder Medinet Nasr Sees Contracts Rise Amid Turmoil
Medinet Nasr for Housing reached agreements to sell homes valued at as much as 250 million Egyptian pounds.
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Egypt entrepreneurs see new dawn post-Revolution
During Mubarak's reign, much of Egypt's economy was dominated by state-run companies and businessmen linked to the Mubarak regime.
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Egyptian commitment starts to gather force
Gamesa will deliver 100 turbines to the project on the Red Sea coast under a deal signed last month with Egypt's New and Renewable Energy Authority.
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Clinton calls Egyptian foreign minister to discuss economy
State Department said the telephone call covered the same ground as President Barack Obama's discussion with Field Marshal Hussein Tantawi on Friday.