News
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Apple unveils iPhone X in major product launch
The phone, which is priced at $999 and ships on Nov. 3, as well as the holiday shopping season that follows are the most important for Apple in years.
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Qatar crisis a negative for all countries involved: Moody's
Persistent tensions between Qatar and its neighbors will have the biggest impact on Qatar and the island-nation of Bahrain.
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Egypt's net FDI rises 14.5 pct in 2016-2017
FDI rose to $7.9 billion in the 2016-2017 fiscal year that ended on June 30.This is well below Egypt’s target of $10 billion.
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India to step up cooperation with Egypt in textiles sector
India will increase textile machinery supplies to the Arab country.
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The business of war: Egypt, others eye reconstruction bids
It appears Egypt will be involved in rebuilding both Syria and Iraq along with Chinese, Russian and European investors.
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Opium seeds spook wheat traders as Egypt holds back cargoes
Egypt risks facing tender boycotts for a second season after it stopped another vessel from unloading on concern it may contain poppy seeds.
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High-speed 4G mobile internet to come into effect in Egypt this month
The ministry would offer more wireless frequencies for sale at an unspecified later date, the minister told journalists.
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Remittances from expatriate Egyptians at $14.5 bln since currency float
Remittances for the month of July rose to $1.8 billion compared with $1.2 billion during July last year.
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Egypt's new stock exchange chief wants to invigorate markets in 6 months
Mohamed Farid said that the main reform would be reducing trading halt times to 15 minutes, down from 30.
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Egypt may reject 59,000 tonnes of French wheat
Egypt threw the international grains market into confusion in 2015 by rejecting a cargo that contained the common wheat fungus ergot.
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Egypt's annual urban inflation eases to 31.9% in August
Egypt’s annual urban rate of inflation dipped slightly in August, dropping to 31.9 percent from 33 percent in July.
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Viet Nam, Egypt target two-way trade worth $1 billion
the economic cooperation opportunities between Việt Nam and Egypt are huge inmanufacturing, shipbuilding, garment and textiles, footwear and oil & gas
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Ukraine may exit Egypt wheat market over new rules
Egypt imposed new requirements for imported wheat, raising the protein content to 12.5 percent from 11.5 percent for Ukraine and Russia.
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Egypt clears multibillion-dollar backlog as FX crisis fades
Egypt has cleared a multibillion-dollar backlog of foreign-currency requests from importers and foreign companies.
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Vodafone Egypt selects Openwave for video QoE
With more than 40 million subscribers, Vodafone Egypt is one of the leading mobile operators in the Middle East.
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AIIB announces $210m support for renewable energy projects in Egypt
The Asian Infrastructure Investment Bank will provide $210 million in debt financing to tap renewable energy in Egypt.
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India, Egypt vow to strengthen ties as Modi meets Sisi
"Delighted to meet President Abdel Fattah el-Sisi. We held talks on further strengthening our historical ties with Egypt," Modi tweeted.
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Sisi: Egyptian economy rises in spite of ‘terrorism war’ costs
The country adopted a national strategic plan for 2030, following the same linear plan as the development agenda for 2030.
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Egypt's non-oil business activity contraction slows slightly
Non-oil private sector business activity shrank in August at the slowest pace since July last year amid a decline in new orders and a jump in exports
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In inflation-hit Egypt, Eid sacrifices are a luxury
The cost of everything has gone up in Egypt since the country floated the pound late last year making it harder to buy cattle.