News
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Egypt's gas pipeline to Israel attacked for the eighth time
A recent opinion poll shows that an overwhelming majority of Egyptians oppose the terms of the country's gas deal with the Israeli regime.
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Egypt's new government won't be formed before Monday election, says al-Ganzouri
The appointment has done little to appease the demonstrators in Tahrir Square who poured scorn on a name from the past.
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Political unrest to dominate Egypt's market
Egypt's benchmark index plunged to its lowest levels in 32 months this week after clashes between security personnel & anti-government protestors.
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Egypt tourism hosts tennis event
Under the auspice of the Ministry of Tourism, the 17th Worldwide Tennis Coaches Conference will be held in Egypt at Port Ghalib resort.
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First industrial investors’ syndicate in Egypt
Factory owners in Egypt founded the first independent syndicate for industrial investors, headed by the chairman of GMC Group, Mohamed Genidy.
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Egyptian party head praises Turkey's economic clout
Hamden Sabbahi, head of the al-Karama (Dignity) party has said that his party admires Turkey's experiences in economy and democracy.
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Egyptian heat brings chill for Thomas Cook
This week, Sam Weihagen, interim chief executive of the UK company, said that a crippling cash crisis was partly the result of civil unrest in Egypt.
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Crosco commences drilling services for Sipetrol in Egypt
Crosco Integrated Drilling & Well Services Co has commenced drilling services for Sipetrol International in Egypt.
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Egypt Exchange to Stay Open Despite Turmoil: Chairman
The march comes as Mohammed Omran rejected suggestions another closure could occur if turmoil persists in the country.
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Egypt raises interest rates, 1st hike in 3 years
Egypt's central bank has raised interest rates for the first time in three years.
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Egypt gas pipeline blown up again: state media
Masked gunmen on Friday blew up a gas pipeline which supplies Egyptian gas to Israel, the official MENA news agency reported.
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Egypt cbank raises overnight deposit rate 100 bps
Egypt's central bank on Thursday raised its rate for overnight deposits by 100 basis points and for overnight lending by 50 basis points.
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Egypt is threatened with removal from global tourism pamphlets
The violence in Tahrir Square has devastated an already rocky tourism sector in Egypt, say industry sources.
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Sweetening outlook for Delta in Egypt
Delta Sugar is expanding its business to benefit from Egypt's sweet tooth, which could bode well for the stock.
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Standard and Poor's reduce Egypt's credit rating over Tahrir's incidents
The Standard and Poor's financial institution reduced Egypt’s credit rating because of the country’s unclear political scene.
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Forex: Egyptian stocks bounce back after military council promises
The Egyptian stock market bounced back for the second consecutive day Thursday.
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Egyptian Shares Gain for 2nd Day as ‘Discounts’ Attract Buyers
Egyptian stocks advanced for a second day after 10 sessions of losses pushed shares to the cheapest levels in seven months.
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Egypt to issue $2 bln in U.S. dollar T-bills
Egypt to issue $2 bln in U.S. dollar T-bills at an auction next week as it struggles to raise funds to finance a growing budget deficit.
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Egypt's tourism hit hard by ongoing unrest
November on Egypt's northern coast is hardly peak season, but the simple truth is that the TV images of political violence have put tourists off.
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Egyptian Stocks: Delta Sugar and Orascom Telecom Are Active
Egypt’s benchmark EGX 30 Index rose 1.6 percent, the biggest intraday gain in almost one month, to 3,775.10 at 1:54 p.m. in Cairo.