News
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Egypt and Libya: capital takes flight
The Bank for International Settlements for the first time unveiled the extent of capital flight from Egypt and Libya in its latest quarterly report.
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Egypt nudges off 29-month low
Egypt's benchmark index nudged up following a tumble to a 29-month low last week after Ezz Steel dipped.
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Egypt considers renegotiating loan with IMF
Senior official sources have revealed that the Egyptian government is considering renegotiating with the IMF for a loan of US$3 billion.
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Teachers strike across Egypt for pay and students
A strike by large numbers of school teachers against the government over pay and work conditions spreads from the provinces into Cairo.
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Egypt's tourism minister participates in 'Top Reza Fair'
Egypt's Minister of Tourism Munir Fakhri Abdul Nour flew on Sunday to Paris to participate in the World Tourism Fair 'Top Reza'.
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Egyptian bourse recovers, makes early gains
The Egyptian bourse made early gains in this morning’s transactions after dramatically losing 7 billion EGP at close in Thursday’s session.
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Egyptian contractors unable to compete for World Cup contracts
Domestic contractors owed money by the Egyptian government are facing difficulties winning bids for infrastructure projects.
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Ministry to implement second phase of North Coast de-mining project
The ministry has received various offers from foreign countries, including Germany & New Zealand, to finance the second phase.
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Egypt's Ezz Steel falls 10 pct after statement
The shares were suspended after the fall of 10 pecent, according to stock market rules.
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Ramses Hilton Spirit
On the Occasion of Hilton Housekeeping week, Ramses Hilton's staff started another positive cleaning initiative at Abdel Moneim Riad Square.
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EGX30 sinks 8.21% in full red week on political unrest
Egypt's stock exchange benchmark EGX30 index sunk by 8.21%, representing a retreat of 390.47 points, ending Thursday transactions at 4,364.60 points.
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Egypt’s Sawiris, CVC look at Swiss Orange
France Telecom is looking to sell its Swiss subsidiary Orange Switzerland and it has the interest of Naguib Sawiris and CVC Capital Partners.
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Egyptian Minister of Civil Aviation opens new airport in Port Said
The airport is expected to achieve a developmental renaissance for the governorate, in sectors of tourism, trade and industry.
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Egypt Cabinet to launch investigation on social insurance funds
With allegations abound that social insurance funds have been used in the state budget, the Egyptian Cabinet launches an investigation.
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Egypt requests price review for natural gas supplies to Spanish-Italian company
Egypt requests this price review because natural gas prices have increased considerably over the past few months on the European market.
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Egyptians 'highly influenced' by online advertising, social media
Egyptian consumers showed that they are a “trusting nation” when it comes to being affected by online advertising, a recent study by Nielsen.
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Suez Canal 8-mo earnings up by 11.7% to $3.46 bn
Egypt's Suez Canal earned $3.458 billion in the first eight months of 2011, an 11.7 percent increase from $3.095 billion a year earlier.
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eMarketing Egypt releases its second report about Facebook in Egypt
eMarketing Egypt announced the second report in its series of reports about Facebook in Egypt:Facebook in Egypt..e-Marketing Insights.
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Egypt, Ethiopia look for better water relations
Zenawi thanked Prime Minister Essam Sharaf “for helping in opening a new chapter of relations between Egypt and Ethiopia.”
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QNet offers opportunities within direct selling industry through internet
QNet, a global direct selling company announced strategic plans to expand its business in Egypt.