News
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BG Group profits rise but Egypt woes weigh
In the absence of concerted action from the Egyptian government, the future commercial operation of Egyptian LNG remains at risk.
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PM issues 3 decisions to support development, boost investments
The premier decided to form a panel for the demarcation of new borders between provinces, under the minister of local development.
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Egypt's Port Tawfik resumes transport operations
The resumption of operations at Port Tawfik is expected to benefit both the public and private sectors.
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Afreximbank, Kings College Foundation Trust sign MoU
The MOU is designed to enhance the health and well-being of people in Africa by improving healthcare infrastructure on the continent.
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Egypt's budget: beginning cautiously to exit the Mubarak box
Cutting the deficit in the general budget was an essential start that needs to be followed by serious steps for sharper reductions.
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Economics for Entrepreneurs 101: 5 basic concepts
While very few people can claim to have mastered economics, one only really needs a good grasp of the basics.
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Government to bid for 7B EGP Thursday
Earlier this month, the Ministry of Finance (MOF) declared that it intends to borrow 220 billion EGP ($30.7 billion) in treasury bills and bonds.
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Egypt tops the list of wheat importers from Russia in 2013/14: MENA
Egypt's imports recorded 19 percent of the total of Russia's wheat exports that amounted to 18.3 million tonnes.
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Iveco Bus wins contract for 300 Eurorider chassis in Egypt
Iveco Bus importer for Egypt, GB Auto has signed a contract with the Cairo Transport Authority - CTA - for 300 chassis to be bodied as city buses.
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Saudi investors to inject 1B EGP in Egypt's healthcare
The project aims at providing 2,500 hospital beds, including 500 beds for use in Intensive Care Units (ICUs).
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Egypt moves on energy reform from the ground up
The new program is part of a wide ranging effort to finally address the country’s energy crisis.
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Egypt to create open markets with fruit and vegetables at discount prices
Traders expressed their willingness to create new processing plants for the production of fruit juices and tomato sauce.
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Finance Ministry allocates 1.95 billion EGP for subsidies
The Ministry of Supply applied a new system for food subsidies in July, including 20 new food commodities from the public and private sector.
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Egypt's Air Sinai cancels flight to Israel
The Egyptian carrier operates two flights per week, on Mondays and Thursdays, and it was unclear whether the flight on Thursday will take off.
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Vietnam, Egypt taking logistics business to a higher level
Son pointed out the favourable geographic locations of the two countries, saying that Egypt borders Africa, Asia and Europe.
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Charities struggle during Egypt's economic crisis
Three years on, Egyptian charities struggle to survive the trying economic impact of the January 25 Revolution.
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Suez Canal breaks daily cargo record
The Suez Canal achieved a daily cargo record of 3.8 million tonnes on Saturday as it celebrated its nationalisation anniversary.
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Vodafone Egypt's revenues fell by 0.7% in 3 months
Vodafone Egypt's business results revealed that revenues declined with 0.7% within the first quarter of the ended fiscal year in June 2014.
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20 per cent rise in meat prices ahead of Eid
Prices of meat and poultry have risen by 20 per cent compared to the previous month ahead of the Eid feast in Egypt, Masr Al-Arabiya reported.
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Egyptian government to put LE1 billion into tourism sector
According to Tourism Minister Hisham Zaazou the sector will suffer losses as fuel costs make up 80 percent of travel tours expenses.