News
-
Egyptian bank launches ‘card-less’ bill payment
Crédit Agricole has launched its latest bill payment service to both customers & non-customers which does not require a CAE debit or credit card.
-
Egypt Offers Dollar T-Bills Today After Fourth Deficit Revision
Egypt will offer $1 bn in one- year dollar-denominated treasury bills today as the nation seeks to cut borrowing costs after revising its budget.
-
Telecom Egypt boost hinges on dividend
Shares in Telecom Egypt (TE) are forecast to rise by 32 per cent if the company chooses to pay a bumper dividend to shareholders this year.
-
Egypt, Libya eye more industrial cooperation
The Arab Organization for Industrial Development and Metallurgy met in Egypt on Monday for the 2nd time to discuss the country’s industrial sector.
-
Looters attack nuclear power plant construction site
The construction site of Egypt’s first nuclear power plant, located at Dabaa in Matrouh Governorate, has been looted and vandalized.
-
Italy-Egypt: a “lasting partnership”, says Terzi
Minister Giulio Terzi will be in Egypt on Thursday for bilateral meetings at a crucial stage in the redefinition of regional balances.
-
Egypt's Alcotexa sells 5,202 T cotton in past week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 5,202 tonnes of cotton in the week that ended on January 14.
-
Egypt tourist sector doubts govt figures on visitor numbers
Egyptian tourist industry casts doubts on government data that includes Libyan refugees among tourists entering the country in 2011.
-
Egypt to set up renewable energy fund
The Egyptian power sector has decided to establish a special cabinet-affiliated fund to finance renewable energy projects in the coming phase.
-
Vodafone's Bladna Mobile set up, first Arab operator in Italy
Vodafone Egypt has decided to launch Bladna Mobile, the first Arab telephone operator to hit the market in Italy.
-
Egypt Facebook Users Hit 9.4 Million - Report
Nigeria maintains 3rd position in terms of the number of Facebook users in the African continent, coming behind Egypt and South Africa.
-
Egypt Says Deficit to Reach 8.7% of GDP This Year
Egypt’s budget deficit is targeted to reach about 8.7 percent of gross domestic product this fiscal year.
-
Egypt asked IMF for $3.2 bln in support -minister
Egypt has asked the International Monetary Fund for $3.2 billion in support, a government minister said on Monday.
-
Egyptian order puts spark into Paris wheat
Wheat prices revived in Paris, even as they softened in Chicago, after France won a second order in eight days from Egypt helped by the weaker euro.
-
Gas shortages in Egypt escalate despite government’s denial
Gas shortages in Cairo and several Egyptian governorates continued Monday despite repeated government statements denying the crisis.
-
Egypt: Minister - 162 Companies to Re-Operate With EGP 5 Billion Capital
Dr. Mahmoud Issa said that 18 banks have confirmed their willingness to reschedule debts of floundering companies due to lack of financial liquidity.
-
Egyptian Stocks: Amer Group and Raya Holding Are Active
Egypt’s benchmark EGX 30 Index was little changed at 3,839.52 at 11:38 a.m. in Cairo, having gained the previous five days.
-
Kenya, Egypt to work together on water conservation
Egyptian and Kenyan officials have reached an agreement to cooperate on a project to conserve the precious waters of the Nile River.
-
Egyptian Railways lost EGP 70 million in FY 2011 - Report
It is reported that the Egyptian Railways Authority has lost about EGP 70 million in January 28th 2011 to January 10th 2012 period.
-
Egypt: High Poultry Feed Prices, Transportation Ban Threaten
The poultry industry is threatened by the high prices of fodder and the banning of the transportation of poultry from one governorate to another.