News
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Egypt's annual inflation eases but monthly food prices edge up
Food and drink prices are up month-on-month while the traditional surge in consumption during Ramadan may spur further rises, say experts.
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Egypt urges Egyptian expats to support economy
The Ministry of Foreign Affairs has urged Egyptian citizens abroad to support Egypt's economy through directing investments to development projects
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Egypt to increase wheat production and begin project with Sudan
Minister of Agriculture and Land Reclamation Ayman Abu Hadid said that wheat production this year reached about 8.5 million tons.
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Egypt keen to attract Saudi investors
The Egyptian government is keen to offer all support to attract Arab investors, especially Saudis, Industry & Foreign Trade Minister El-Sayyad said.
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European investment Bank supports electricity projects in Egypt
Egyptian Minister of Electricity, Hassan Younis,said the bank is one of the most important sources to finance projects and generate electricity.
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Egypt stocks end week in green
Egypt's EGX30 stock benchmark has climbed 1.75 per cent to 5,360 points on the last trading day of the week.
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Amar: Supporting exportation to develop the national economy
Egyptian company General Motors, Wael Amar, said supporting the exportation of local products is the only way to activate Egypt's economy.
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Egypt asks EU to cancel ban on seed exports
Egypt has asked the European Commission's office in Cairo to work on cancelling a recent ban imposed on Egyptian seed exports to Europe.
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Egypt to build sugar factories in Sudan
Egypt will build two sugar factories in Sudan after the two governments approve the mechanism to finance the project, said Ayman Farid Abul Hadid.
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Schneider Electric and Applications partners in Maadi
Schneider Electric, the global specialist in energy management is celebrating the opening of their newest system integrator showroom, "Applications".
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Egypt's new iron men get long-awaited licenses
Industrial authority says there is no link between licenses issued to 4 steel firms in Dec. & the alleged corrupt practices of its former chairman.
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Saudi businessmen wary of investing in Egypt
Arab investors are refraining from helping the Egyptian economy because of the Egyptian media, said Abdel Motelb Abdel Hamid, an economic expert.
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Egypt's GASC seeks wheat, includes Russia
Egypt's main state wheat buyer set a tender to buy wheat from global suppliers on Wednesday.
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Treasures of Egypt brought to life at Hancock Museum
The Pharaohs may be long gone but a spectacular new North East exhibition shows their power lives on, according to an ancient Egypt expert.
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Telecom Egypt eyes MVNO licence towards year-end
Telecom Egypt chairman Akil Beshir said it was in talks with the national telecoms regulator over an MVNO licence.
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Sudden shift of fortune for Egypt's troubled Palm Hill Developments
The outlook on Egypt's Palm Hills Developments has gone from dreadful to decent in less than a week.
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Japan offers Egypt solar power plant
The Japanese government offered Egypt a solar power plant to be built in Burg al-Arab city, west of Alexandria.
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EIB mulls financing new industrial parks in Egypt
Al-Sayad asserted Wednesday that the (EIB) mulls increasing joint cooperation with the Egyptian government for the benefit of the Egyptian Economy.
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Budget plan raises concerns among experts
Egypt’s approved 2011-2012 fiscal year budget plan, which still carries a high deficit and no plans for accepting foreign loans.
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OPIC to loan to Egypt, Jordan businesses
In an effort to help bolster small businesses in Egypt and Jordan, an independent US government agency (OPIC) has secured some $500 million in loans.