News
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Libyan business youth seek economic partnership with Egyptian
The Libyan Business Youth Association seeks to build economic relations with Egyptian businessmen to benefit from their experience in all fields.
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Egypt T-bill yields surge, foreign cash may be needed
Egypt's banks are feeling squeezed and demanding higher yields at debt auctions, sometimes too high for the central bank to accept.
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Egypt to boost wheat imports to avert political unrest
Egypt plans to boost imports this year to build domestic stockpiles and prevent future political unrests fueled by high food prices.
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Naguib Sawiris: 2011 CIC Globalist of the Year
The Canadian International Council (CIC) will be honouring Naguib Sawiris as its 2011 CIC Globalist of the Year Award.
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Egypt hosts Euromed Invest summit
Initiated at the 2011 conference of the Invest in Med programme, the Euromed Invest summit is under way, on 21-22 September, in Alexandria, Egypt.
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Egypt Selects GE Technology for $300 Mln in Electricity Contracts to Power Country's Growing Needs
GE has signed contracts totaling US$300 million to supply six gas turbines and associated services to the Egyptian Electricity Holding Company.
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Egypt bought 2.6 mln T of local wheat in 2011
Egypt bought 2.6 million tonnes of wheat from local producers in 2011 compared to 2.1 million tonnes a year earlier.
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Egyptian Organic Farm Declared Sustainability World Leader
SEKEM has been chosen as one of 16 ‘Sustainability Champions’ in the developing world which are tackling environmental and social problems.
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E.coli outbreak: EU lifts ban on Egyptian fenugreek
A report by a European fact-finding commission has cleared Egyptian fenugreek of accusations of being the source of an E.coli bacteria.
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Orascom Construction Rises to Week-High After Saudi Contract Win
Orascom Construction headed for the highest close in a week after its Saudi Arabian unit won a contract to build a sports development in the kingdom.
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Minister of Tourism: Number of tourists into Egypt will reach 30 million
The number of tourists visiting Egypt within the next 5 years would reach 30 mln, thanks to tourism investment in the Red Sea and the Mediterranean.
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South Korean builder wins $3.5bn order from Egypt
South Korea's SK Engineering & Construction said Tuesday it has teamed up with a US engineering firm to build a $3.5bn petrochemical plant in Egypt.
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Czech Pegas to open unit in Egypt
Czech textiles maker Pegas struck a deal with a major customer allowing it to go ahead with its plans to build a new production line in Egypt.
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Capital flight from Egypt and Libya hit $8 billion during Arab Spring
The Arab Spring drained more than US$8.6 billion (Dh31.58bn) in bank deposits from Egypt and Libya in the first three months of the year.
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Shortfall of affordable housing in Egypt
A new survey of the Middle East and North Africa (MENA) region has revealed that Egypt has a chronic shortage of affordable housing.
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Egypt Cancels Bond Sales as Investors Demand High Yields
Egypt canceled the sale of two- and three-year bonds today after investors demanded yields that were too high.
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Ethiopia, Egypt agree to work jointly for mutual benefits
The two countries signed six agreements that focused on agriculture, education, capacity building and avoidance of double taxation, among others.
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Egypt hosts two prominent travel events highlighting its touristic position
Egypt was chosen as the destination for hosting two prominent events in the travel industry.
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Egypt Stock Exchange lost US$6 billion so far in September
The Egyptian Stock Exchange registered during the last 10 sessions its worst performance since the crash following the global crisis in 2008.
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Taranaki technology Egypt-bound
Digital Insight last night packaged & transported hundreds of thousands of dollars worth of remotely operated ultrasonic testing equipment to Egypt.