News
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iPhone 4S launches in Egypt from EGP 5,199
Mobinil is charging EGP 5,199 for the 16GB model, EGP 5,999 for the 32GB version and EGP 6,999 for the 64GB phone.
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Egypt cbank to offer 20 bln Eg pounds in repos
Egypt's central bank said it would offer 20 billion EGP in seven-day repurchase agreements in the money market on Tuesday at a fixed rate of 9.75%.
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Egyptian-Sudanese Nile Water Authority to Meet in Cairo Tuesday
The Joint Nile Water Permanent Technical Committee is to convene its meeting in Cairo during the period December 20-22 this year.
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Egypt gets $270 million support from Arab Monetary Fund
Egypt will receive US$270 million to support its budget from the Arab Monetary Fund this month.
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Abu Dhabi's Burooj in on Cairo project
Palm Hills has hired Orascom Construction to build a US$93 mln residential complex outside Cairo, its first project in a partnership with Burooj.
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Egyptian-American group to lobby Congress
An Egyptian-American group intends to lobby the U.S. Congress to stop providing financial support to the Egyptian military.
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A tweet by Saudi Prince AlWaleed worths $300 million
Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, through his investment firm Kingdom Holding Co., has dropped $300 million into Twitter.
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Additional Egp 700 Million Allocated to Health Sector
The health committee headed by Dr. Al-Ganzoury will allocate additional EGP 700 mln to the health sector, including EGP 100 mln to Egypt's villages.
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Will the Arab Spring lead to a revolution in education?
With publics in Egypt & other Arab countries pushing for political & social change, education reform must be one such pillar of the new Middle East.
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Military-owned factories threaten farmers' livelihoods in Fayoum
Fayoum factories not only ruining agricultural production but also killing scores of animals, according to residents of the factories area.
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Mott MacDonald appointed to improve vocational training in Egypt
Mott MacDonald’s international development consultancy has been appointed to improve the quality of technical education in Egypt.
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Global Tourist Arrivals in Egypt to Grow Stupendously
Tourism is the main source of foreign exchange earnings for Egypt, a leading Middle-East country in terms of tourist arrivals.
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Market Update: Egypt's main index rebounds at start of Monday's session
Egypt's benchmark EGX30 starts Monday's session in the green, rising 1% to 3.815.75 points, followed by EGX70 and EGX100 which are up 1.3 and 1.1.
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Egypt Seeks $831 Million in Bonds After T-Bill Sale Misses Goal
The Ministry of Finance plans to sell 2.5 billion pounds in three-year bonds and a similar amount in five-year notes.
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Egypt's Alcotexa sells 1,728 T cotton in past week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 1,728 tonnes of cotton in the week that ended on December 17.
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Eastern Tobacco revenues to up L.E 40 m after its deal with British Tobacco
Eastern Tobacco announced in a statement sent to Egyptian Stock Exchange that it signed an agreement on on 14/12/2011 with British American Tobacco.
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Egypt annuls 1990s deal to sell state company
An Egyptian administrative court has ruled that the sale of a state-owned company more than 13 years ago was null and void.
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Mobile services to reach 92% in Egypt by 2017
Egypt's value-added mobile services are expected to reach 92 percent by 2017, or 93.5 million, a new report by Frost & Sullivan said.
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Ganzouri's cabinet failing public sector companies
Egypt’s 150 public sector companies are suffering from a lack of clear leadership at the ministerial level.
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Egypt Economy Falters as Stocks Slump, Bill Sale Misses Target
Clashes between protesters & the army threatened to further undermine the ailing economy, as the benchmark index slumped the most in a month.