News
-
Egypt's Amer Group third-quarter net profit drops 56.4 pct
Amer Group made a net profit of 43.6 million pounds in the third quarter of this year, compared with 100 million pounds in the same quarter last year.
-
Egypt’s non-petroleum exports up by 0.52 percent in October
Egyptian non-petroleum exports have increased in October to $1.42 billion compared to $1.41 in the same month of 2014, which is an increase of 0.52%.
-
Egypt's CBE Governor Ramez appoints caretaker for rest of term
Gamal negm will serve as a caretaker as Ramez will be on leave until the end of his term in 26 November then Tarek Amer takes over.
-
Egypt crash will create more business for airport security firms
Airports will have to bump up their security levels in light of the crash of a Russian aircraft in Egypt last month.
-
Egypt allows pound to appreciate
Egypt’s attempt to preempt a collapse in the currency isn’t convincing investors it can avoid an eventual devaluation.
-
Kuwait's Al Ahli completes purchase of Piraeus Bank Egypt
Al Ahli paid $150 million for the stake in the Greek lender's Egyptian unit.
-
Egypt's Need for Sharm el-Sheikh was Clear
A comprehensive review of tourism in Sharm El-Sheikh and its development through the years.
-
Egypt automotive market faces accusations
Experts blame the continuation of the dollar crisis, high prices, and increased waiting lists to receive cars.
-
Egypt's market losses accelerate as more banks raise interest rates
On Sunday, Egypt's largest two state-owned banks launched savings certificates for Egyptian pounds at an interest rate of 12.5 percent.
-
Egypt detects 'impressive' anomaly in Giza pyramids
"something like a small passage in the ground that you can see, leading up to the pyramids ground, reaching an area with a different temperature"
-
Turkish Business delegation visits Egypt
The delegation held talks with the Chairman Ahmed al-Wakil and officials from FEDCOC regarding the trade relations between the two countries.
-
Egypt’s annual inflation rate inched up to 6.26 percent in October
Inflation soared in Egypt last summer after the government cut energy subsidies by 40 billion EGP.
-
Egyptian army’s economic empire: Unidentified market share yet high impact
Egypt hopes to export fertilisers through a new army-owned factory.
-
Egypt's 5-, 10-year treasuries almost steady, confusing the market
The central bank had offered 3 billion Egyptian pounds worth of five-year bonds and 2.25 billion pounds worth of 10-year bonds and sold them all.
-
Crimea wants to replace Egypt as tourism hotspot
A traditional holiday destination for decades, tourism to Crimea is on the rise, with 3.84 million tourists visiting the peninsula through September.
-
How the Ministry of Petroleum overcame Egypt’s energy crisis
$3.6bn of companies’ dues paid to encourage them to produce.
-
UNB-Egypt aims to acquire 5% of Egyptian banking market in 10 years
UNB supports Emirati investors in Egypt, and issued letters of guarantee worth $150m for the National Drilling Company to dig the New Suez Canal.
-
Emirates chief says Egypt remains important market
Russia says its considering supplying air defence systems to Egypt.
-
Egypt International Logistics Forum gathers Arab, African business leaders
Developing logistics services in Egypt will consequently improve the trade flow in the Mediterranean region, says president of ASCAME.
-
Breakthrough in Arid Egypt For Making Salty Sea Water Drinkable
The new filter invented by Egyptian scientists promises to make saltwater drinkable using just half the energy relied upon by current methods.