News
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Poll: Egypt's economy set to grow 3.3 pct this fiscal year
The forecast is close to the government's prediction of 3.5 percent growth in gross domestic product.
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Egypt PM to inaugurate $560 mln worth of projects: report
Mihleb told Al Masry Al Youm the four provinces to benefit from the projects are Asyut, Gharbiya, the Red Sea and Port Saeed.
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Egypt's Qalaa Holding eyes $560 million capital boost
Private equity firm considering share issue worth LE4 billion in effort to tighten control of core investments, sources tell Reuters.
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Reopening stalled factories via ‘Google maps’
If the investor wants to access a factory in a specific area, he will easily search for the colour needed on the map.
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Dana Gas in deal to recover $280m owed by Egypt
A new Gas Production Enhancement Agreement (GPEA) will permit Dana Gas to drill 37 new wells and redevelop existing ones.
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UAE firm signs deal to build Egypt's first coal-fired power plant
Al Nowais of Emirates signs a memorandum of understanding with Egypt to build Egypt's first coal-fired power plant.
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Interruption of landline services due to cables changes: TE
Outrage from residents due to interruption of landline services over several months.
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Egypt aims to pay $2 bln to $3 bln of debt to oil firms by end of 2014 -minister
"We are paying off $1 billion to foreign partners during the next few days," Oil Minister Sherif Ismail told a news conference in Cairo.
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Egypt sees most tourists in 3 years in August: Minister
Tourism sector signals possible recovery as hopes for political stability on the rise.
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Egypt's Sisi delivers economic reforms but hurdles remain
In his first 100 days in office, Egyptian President Abdel Fattah al-Sisi has made a fast start on economic reform.
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Egypt's top refinery hopes expansion will revive exports
Egypt has struggled with soaring energy bills caused by high subsidies it provides on fuel for its population of 85 million.
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Naguib Sawiris donates EGP 500,000 to Nubarriya Canal
The initiative was launched in order to preserve Nile water from pollution and perform maintenance on the canal.
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Egypt ministries to use energy efficient cars and appliances
Egypt is suffering from an energy crisis that has worsened considerably since the 2011 uprising.
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Egypt to invest $14.5B in petchems, refining over five years
Egypt is also considering floating stakes in some state-owned oil companies on the Egyptian stock exchange.
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UAE's Dana Gas says wins gas concessions in Egypt
United Arab Emirates energy firm Dana Gas said on Monday that it had been awarded concessions for two onshore gas blocks in Egypt.
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Eni looks past uncertainty in Egypt
The licenses are located in the country’s Western desert, near the Melehia Development Lease and will cover about 794 square miles.
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Egypt's bourse to close Oct. 5-8 for Eid holidays
The bourse and banks will remain closed for three days and reopen Wednesday, October 8th.
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Egypt's exports to Nile Basin countries up 15% in 2013: CAPMAS
Sudan is the largest importer of Egyptian goods from the group of nine African nations, while Kenya is the largest exporter to Egypt.
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Government considers offering international tender for Maspero development
Decisions to demolish buildings in the Maspero area were issued to residents recently as the buildings formed a threat to their lives.
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Dubai plan for $40 billion Egypt housing scheme nearly completed
Arabtec originally announced in March that it had agreed with the Egyptian army to build the homes at 13 locations around the country.