News
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India,Egypt form group to cooperation on environmental issues
Climate change and environmental education are among the priorities of the cooperation.
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Minister: Egypt's economy grew 4.3% in fiscal 2nd quarter
Arabi said unemployment was at 12.9 percent at the end of December, down from 13.4 percent a year earlier.
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Italian firm D'Appolonia wins bid for Egypt's 'Golden Triangle' project
Egypt’s cabinet decided to establish an independent entity to manage the project and start a bid for an international consultancy firm.
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Egypt to launch $1.6B ‘Money, Business Center’ project at March Summit
Investment returns from the project will range between 25 to 30 percent.
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Egypt's Suez Canal expansion could see it dominate economy
The $8bn project, led by the Egyptian army, has been underwritten by Egyptian citizens who purchased canal investment certificates.
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BP unveils USD 12 bn investment in Egypt gas fields
Gas will be produced by two BP-operated offshore blocks North Alexandria and West Mediterranean Deepwater.
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Egypt to offer projects worth USD 35 billion during conference
Egypt's budget deficit reached 12% since 2013 and it received USD 20bn from Gulf countries.
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Egypt external debt decreases to $41 billion
The bank is committed to paying about $2.4 billion in external debt during 2015.
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Egypt's new labour law awaits parliament: Minister
The draft law has stirred controversy over issues such as workers' right to organise and minimum wage
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Orascom Construction offers 11 pct of shares in $185 mln IPO
Orascom said the stock would be offered in two tranches, with the first closing on Thursday.
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Egypt to promote $10 bn worth of petroleum projects at March conference: Ministry
The government hopes to attract massive investments in oil, LPG lines and petro-chemicals to jolt a faltering economy.
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Egypt’s foreign reserves up by $27m in February
Egypt Foreign reserves were affected by repaying debts.
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Egypt: Oil, gas debt to be settled late
Egypt aimed to fully repay its $3.1 billion (R36.2bn) debt to foreign oil and gas companies by the middle of next year.
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Egypt's Economy Needs USS60 bln to Hit 5% Growth- Sawiris
Sawiris family is planning to invest in solar power.
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Shapoorji Pallonji group plans 50 MW solar project in Egypt
Egypt is expanding the use of renewables to respond to energy crisis.
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Egypt: Cabinet approves new investment law
The draft law is now awaiting the President's approval.
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Egypt, Arabtec to resume talks on housing project
Dubai-listed Arabtec announced last March it will build the homes at 13 locations around the country.
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Egypt to build 200 meter-high pyramid skyscraper
The project will make its debut at the upcoming economic summit at Sharm El-Sheikh.
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Barclays African Unit May Buy Parent’s Zimbabwe, Egypt Banks
Barclays bought its parent company operations in 8 African countries.
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Internet advertising accounts for 15% of 2014 market share
e-marketing share jumped from 2.5% to 15% in most companies by the end of last year.