News
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Egypt's Raya expands call center business
Raya, which gets 75 percent of its revenue from serving clients outside Egypt, expects to begin operating in Saudi Arabia in 2019.
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Egypt to import 32 trains for underground metro
The new phases link the far east and west of Cairo, serving 1.5 million people daily across some of the city's high density neighborhoods.
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Egypt's new Consumer Protection Law: 10 rights you have!
The new law will take effect in three months time. Once implemented, consumers will benefit from a range of new rights.
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Egypt passes new law fighting manipulation in used cars market
The 35th article assigns the seller to submit a technical report about the vehicle’s exact condition and defects, issued by a licensed service center.
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Egypt women defying odds washing cars
The ladies have taken on the challenge of operating a women led car wash which they say is the first of its kind in the Egyptian capital.
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Egypt’s market capital losses reach LE64 billion
Egypt’s benchmark index (EGX 30) fell by 3.8 per cent, standing at 14,098 points.
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Archaeologists discover ancient sphinx in Egypt
Mostafa Waziri, secretary general of the Supreme Council of Antiquities says the statue probably dates back to the Ptolemaic time.
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Stock market manipulation case: experts’ report has shortcomings
Gains of all dealers of Al Watany Bank of Egypt deal deemed legitimate, says experts committee.
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Egypt stock market to move sideways
Investors likely to start fresh selloff streak awaiting new stimulus.
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Egypt named country of honour at Cityscape Global
The region’s largest real estate investment event, Cityscape Global will be held at the Dubai World Trade Centre from October 2 to 4.
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Luxor Airport tops Africa's most secure airports
The achievement is also an indication that the Egyptian airports apply the highest international standards of air safety and security measures.
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HSBC named lead bank for Egypt AMOC listing
The government is selling minority stakes in public companies on the stock exchange.
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Egypt, US sign $65 million grant for infrastructure in rural areas
Minister Sahar Nasr signed the agreement for the grant with Sherry Carlin, the USAID Mission Director in Egypt.
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Egypt's headline and core inflation edge up in August
Egypt's core inflation edged up to 8.83 percent year-on-year in August from 8.54 percent in July.
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Trade exchange between Egypt, Romania hits dlrs 3.6 billion in 5 years
Egypt's exports to Romania include fertilizers, medicines, cables, wires, vegetables, fruit and agricultural crops.
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Egypt to get $1 billion for basic goods from Islamic Bank
The International Islamic Trade Finance Corporation (ITFC) will provide Egypt with $1 billion to support the provision of basic goods.
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US to release $1.2 billion in military aid to Egypt
Secretary of State Mike Pompeo has authorized the release of $1.2 billion in U.S. military assistance to Egypt.
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Egypt’s economy growth potential enormous
Egyptian market filled with lucrative, untapped opportunities, says CEO, board member at CIB.
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Egypt can handle the emerging markets downturn 'up to a limit'
Egypt's finance minister believes his country's economy can weather what has thrown many others into crisis.
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Egypt's foreign reserves rose by $104 million in August
Egypt's foreign reserves have been steadily increasing since Tariq Amer took office as the governor of the central bank in October 2015.