News
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Gas imports from Israel to save Egypt $10 per million BTUs
Egypt will receive gas imported from Israel at a price no greater than $8 per million BTUs compared to an average price of $16 per million BTUs.
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Egypt’s PM upbeat on economy
Giant national projects are being implemented on the ground, Mahlab told Al-Ahram newspaper.
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Japan eases travel restrictions to Egypt
Move comes after last month's meeting between Egypt's president and a Japanese MP.
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Egypt's tourism revenue falls 95% after political upheavals
Since 2011 uprising and subsequent turmoil, income has plunged so far antiquities ministry worried it cannot pay its staff.
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Egypt eyes further economic ties with Brazil
He said that the agreement is an important tool to promote trade movement and allow the Egyptian exports to enter the Latin American markets.
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Egypt’s poor to receive monthly reward for sending children to school
The ministry aims to support poor families and enable them to directly pay for their own children’s education.
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Egypt to yield $168m from property tax on factories
Following the price rise, the net revenues of tax will reach 1.2 billion Egyptian pounds ($168 million).
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Egypt seeks Free Trade Zone talks with Gulf States in bid to boost economy
Economic ties between Egypt and the Gulf have increased markedly since the country's first elected President was ousted in a coup in July 2013.
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TA Telecom launches personality mapping project in Egypt
The project aims to use mobile technology to collect data mapping the personalities of people across Africa.
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Who can meet Egypt's energy needs?
Cairo has struggled to keep energy prices manageable while coping with a sharp decline in foreign investment and domestic production.
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Orascom Development Holding registers first profit since 2010
The Swiss hotel operator is expecting an improvement in the hotel performance during the second half of 2014.
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Egypt PM meets street vendor representatives
Street vendors evicted from downtown Cairo meet with Prime Minister Ibrahim Mahlab.
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UAE to provide Egypt with loan to purchase petroleum products
"The Emirati loan will last for one year and is allocated to purchase petroleum substances," Mulla said.
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South Korean investment tops $300m
The Korean side is very keen on channeling more investments into Egypt, especially in the infrastructure field.
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$5.4bn World Bank financing for existing projects in Egypt: Regional Director
World Bank funds for Egyptian projects in infrastructure, agriculture, energy, and job training total $5.4bn.
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Saudi CPC acquires Egypt's Sphinx Glass for $180 mn
Acquisition of Sphinx Glass is part of CPC's expansion in the MENA region and Qalaa's sell-off of non-core projects.
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RWE Dea starts up Egypt’s Disouq gas treatment plant
RWE Dea AG has started gas production from the central treatment plant (CTP) of the Disouq development project in Egypt.
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Billionaire Sawiris Plans Egypt Return With Construction IPO
Amsterdam-based OCI NV (OCI) approved separating its fertilizers and construction businesses.
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80% majority of Egypt’s natural gas production goes to power plants
Gas is distributed across industries with approximately 266m cubic feet of gas daily directed to fertiliser, 99m for cement.
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Egypt's metro officials demand fare hike amid government reluctance
Egypt's subway officials demand higher fares to offset millions of pounds of monthly losses; El-Sisi says price rise is unlikely.