News
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Ethiopia invites Egypt and Sudan to discuss Nile dam
Ethiopia has invited Egypt and Sudan for talks over a controversial dam project the horn of Africa country intends to build on the Blue Nile river.
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Egypt pound falls against dollar
Egypt's economy has hit the country’s currency, with the pound falling to its lowest level against the American dollar in 7 years.
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Britain freezes funds of 19 Egyptian officials accused of corruption
British authorities have frozen the funds of 19 Egyptians charged with embezzlement and corruption by Egyptian authorities.
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The Erdo?an effect: Turkey, Egypt and the future of the Middle East
The tour of Prime Minister Recip Tayyip Erdo?an to Egypt, Libya, and Tunisia in September underscored the rise of Turkey's involvement in the region.
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South Sudan: Ministry of Information Sends Staff to Egypt for Training
South Sudan is sending a group of ten journalists from the ministry for an advanced course in media and diplomatic journalism.
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'Egypt's participation in exhibitions important'
"Egypt's participation in world tourism exhibition is now more important than ever,” the Minister of Tourism said.
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Egypt hits highest unemployment in 10 years in October
Unemployment registered at 11.9 per cent in Q3/2011 in Egypt, but inflation is better than September.
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Egyptians realize the importance of tourism: Minister
The Egyptian people realize the importance of tourism and its role in supporting Egypt’s economy, said Egyptian Minister of Tourism Mounir Fakhry.
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Egypt's gas pipeline will be attacked again, says tribal leader
A tribal leader in El-Arish states that Egypt's gas pipeline will be attacked again as the Egyptian people 'reject the gas deal with Israel'.
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Egypt looks to turn 'waste' into profitable products
Rice straw, now a contributor to Cairo's toxic smog when it's burned, could become a new kind of cash crop.
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Egyptian property in need of a shake-up
Egyptian property developers must change their business models if they want to unlock the benefits of government housing initiatives.
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Germany's RKW Group inaugurated a new hygiene film plant in Egypt
The 10,000 t/y facility, which will initially employ 40 people, will be located near Procter & Gamble’s Egyptian diaper plant.
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Underground oasis may boost Egypt's development
Egypt is launching work on experimental wells in the desert following a discovery of new access points to a huge underground water oasis.
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Egypt 1-Year Bill Yield at 3-Year High as Banks Main Buyers
The yield on Egypt’s one-year treasury bills rose above 14 percent for the first time in more than three years.
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Egypt's Great Pyramid shut to avoid 11/11/11 rituals
Egypt will close the Great Pyramid of Giza later today to avoid any rituals by a group rumoured to have plans to mark the date of 11/11/11.
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Consultations operate flights between Cairo and Arish Airports
A meeting will be held to consider operating and stopping the flights between the International Cairo Airport and the International Arish Airport.
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Egyptian Stocks: Ascom, Citadel Capital, Delta, GB Auto, Juhayna
Egypt’s benchmark EGX 30 Index (EGX30) fell 0.8 percent to 4,383.49, the lowest level in two weeks, at the 2:30 p.m. close in Cairo.
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Breaking: Egypt inflation drops to 7.5 per cent in October
Urban consumer price inflation eases to 7.1 per cent in the 12 months to October down from 8.5% in September mainly due to drop in food prices.
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Lebanon, Egypt to cooperate on ordnance, electric equipment manufacture
Lebanon and Egypt are working on establishing a joint company manufacturing electric equipment and ordnance.
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Bid to promote cycling culture
The Environment Ministry said on Wednesday it would launch an ambitious project to revitalise Egypt’s once-thriving cycling culture.