News
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Xperia supporting the application to serve Sony Ericsson customers in Egypt
A group of Egyptian inventors developed an Android application that automatically updates the mobile phonebook to match the recent amendments.
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Barwa to invest $8.4bn in Egypt project
Barwa Real Estate, Qatar’s largest publicly-traded property developer, is looking at investing 50bn EGP in its project in New Cairo city.
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Four Seasons Resort Sharm El Sheikh Named Africa's Leading Luxury Resort
Four Seasons Resort Sharm El Sheikh, Egypt has been named Africa's Leading Luxury Resort 2011 by the prestigious World Travel Awards.
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Egypt might go bankrupt in 6 months, ElBaradei warns
Egypt is currently relying on its cash reserve with no gross domestic product, ElBaradei said.
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Egypt cbank accepts repos worth 2.3 bln Eg pounds
Egypt's central bank accepted 2.3 billion Egyptian pounds in seven-day repurchase agreements in the money market (CBES) on Tuesday.
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Investigating NGOs’ financing in Egypt
Egypt’s judiciary has launched investigations into the financing of the country’s NGOs, according to the official MENA news agency.
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Egypt sees new Israel gas deal soon - paper
Egypt will soon finish drafting a new contract for gas exports to its neighbour Israel that includes a big increase in prices.
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Egypt's OCI secures $1.9 bln in credit facilities
Egypt's Orascom Construction Industriessaid on Tuesday its fertiliser subsidiaries had signed credit facilities worth $1.9 billion.
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Israeli use of diesel doubles due to Egypt gas interruption
The use of diesel instead of gas cost the economy 10 million shekels a day, on average, during the summer, the ministry said.
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Central bank: Gold pound reaches 2174 EGP in July
The price of a Gold Egyptian Pound rose 2.8 percent last July to 2173.7 EGP ($364.71), according to the latest report from the Central Bank of Egypt.
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Nielsen: Q2 Global Ad Spending Growth Down
Egypt, which experienced a political leadership coup this spring posted the biggest decline at -52%.
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Egypt's external debt rises annual 3.6 per cent: Central Bank
A dip in value for the Egyptian pound pushed the country's debt up to $35 billion in June 2011, according to new data.
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Egyptian tech turns rice straw into paper, insecticide
A new chemical pulping technology could eliminate waste by turning rice straw into paper and provide a cheap insecticide to control mosquitoes.
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Quality cloud over fresh Ukraine-Egypt wheat trade
The Ukrainian Agrarian Confederation on Monday raised hopes that Egypt would restore Ukraine to its list of approved suppliers.
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Egypt Dollar Bond Falls on Tantawi Comments, FDI Decline
Egypt’s 2020 dollar bond dropped after foreign direct investment slumped.
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First 'Cairo WoodShow' to showcase stability of Egypt's wood and wood working machinery segment
The Egyptian wood working sector is now confident that the country's move towards economic recovery will help usher in more opportunities.
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FAIR conference aims to boost insurance industry
Egypt is hosting the 22nd Federation of Afro-Asian Insurers and Reinsurers (FAIR) conference this year.
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Russia increased grain exports to Egypt and Turkey
At the same time, Egypt (846.2 thsd tonnes) and Turkey (275.6 thsd tonnes) still were the major directions of wheat exports from Russia.
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Telekom Austria worried may be bid target for Egypt's Sawiris
Telekom Austria is concerned that it may be the target of a hostile takeover bid from an Egyptian businessman.
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Finance Minister: Borrowing is the solution for financial crisis
Local or foreign borrowing is the immediate solution to the financial crisis in Egypt, Finance Minister Hazem al-Beblawy said on Sunday.