News
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Egypt's EGPC awards gasoil tender-sources
General Petroleum Corp has picked Vitol, BB Energy and Glencore in a tender to supply around 480,000 tonnes of high sulphur gasoil.
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Egypt Stocks Drop Most in Week on Planned Protest, Growth Risk
Egypt’s stocks retreated the most in more than a week led by Orascom Construction Industries on concern a protest later this month.
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Egypt charges telecom workers over Israel calls
Egyptian prosecutors sent four telecom company employees to court on Thursday after charging them with passing calls to the benefit of Israel.
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Tobacco Taxes: A Smuggler's Boon?
As the government raises taxes on cigarettes hoping to deter smokers, is an illegal tobacco market growing in Egypt?
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Egypt: Country to Update Land Investment Map - Minister
Agriculture Minister Mohamed Reda Ismail said on Wednesday 4/1/2012 the government has agreed to update the land investment map up to 2017.
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'Bank of Ideas' at El-Sawy Culturewheel
Public seminar entitled 'Bank of Ideas' at El-Sawy Culturewheel on Friday 6 January to discuss solutions to Egypt's uncertain future.
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Egypt forex reserves drop to $18.1 bln in Dec-cbank
Egypt's net foreign reserves dropped to $18.12 billion at the end of December from $20.15 billion a month earlier.
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Can Egypt, tourism, alcohol and bikinis survive?
Worries are abounding in Egypt that the rise of Islamic groups will mean an end to alcohol, bikinis and ultimately tourism to the country.
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Egypt's TIEC plans 'Neighbourhood' local portal scheme
Egypt's Technology Innovation and Entrepreneurship Center (TIEC) has announced plans to launch the 'Neighbourhood' initiative in early February.
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Egypt: Petroleum Minister - Amendment of Gas Contracts With Israel Soon
Abdallah Ghorab confirmed on Tuesday 3/1/2012 that the new prices of gas contracts will be between $5 to 7 for each one million thermal unit.
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Restoring stability vital to remedy the economy - restauranteurs
Restoring stability across Egypt is vital for all businesses to flourish anew, and most specifically the tourism sector with sub-sectors.
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Brazilian Sugar Destined for Egypt, Bangladesh, Ship Data Show
Forty percent of the sugar waiting to be loaded at ports in Brazil will be shipped to Saudi Arabia, Egypt and Bangladesh.
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Orascom Hotels & Development signs agreement with Troon Golf
Orascom Hotels & Development contracted Troon to manage and operate the company’s golf facilities in El Gouna and Taba Heights in Egypt.
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Cairo International Book Fair to open 22 January
The Cairo International Book Fair will open on 22 January and end on 7 February, the Egyptian Publishers Association (EPA) announced Tuesday.
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Egypt prepares for unified Arab power linkage
The Egyptian Electricity and Energy Ministry is to sign power linkage agreements with Saudi Arabia.
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EGX announces cancelation of 185.440 local deposit receipts of ODH
EGX has received a fax from Misr for Clearing stating the cancelation of 185.440 local deposit receipts of Orascom Development Holding.
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Qatar denies US pressure to freeze donations to Egypt
Qatar’s ambassador to Egypt has denied reports that his country has been under pressure from the US to freeze the financial assistance to Egypt.
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Telecoms: Smart money is on Smart phones in Africa
In Egypt, chip manufacturer Qualcomm acted as a broker between operator Mobinil and Huawei for the operator to launch its own-branded Huawei devices.
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Market Report: Egypt stocks stagnant as bourse reaches 'stability point'
EGX30 falls 0.02% to 3,655 points; Daily turnover remains low as ever due to Christmas holidays, political uncertainty.
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Ganzouri reviews preparations for inaugurating underground metro line
PM Kamal El Ganzouri reviews preparations for inaugurating the first stage of the 3rd underground metro line between Attaba and Abbasiya.