News
-
Egypt to raise tourist visa fee by $5
The cost of tourist entry to Egypt will increase starting 1 May 2014.
-
Egypt issues law barring challenges to state deals
Many state-land and business deals were revoked after they were taken to court by uninvolved persons, which harmed business confidence.
-
Egypt to pay some $1 bln owed oil firms within two months - minister
Egypt says it owes some $6.3 billion to those companies.
-
Russia said set to sell its top fighter jets to Egypt
In potential shift of orientation away from US, Cairo said hosting Moscow delegation to discuss purchase of 24 MiG-35s.
-
Egypt gas price hike to save govt LE1 bn annually
Gas prices are set to quadruple for many consumers -- from LE0.1 to LE0.4 per cubic metre -- in a government move to reduce spending on subsidies.
-
Egypt has faced $14 bn worth of cases from investors since 2011: Judge
New law passed earlier this month could limit third-party involvement in contracts between the government and investors.
-
Billions needed to upgrade Egypt's power grid as summer crunch looms
Energy is a politically explosive issue in Egypt, where power cuts have become commonplace even in the capital Cairo.
-
Egypt cleared for US military aid
The certification paves the way for the release of Apache helicopters to Egypt, which the US has held up since July.
-
Egypt, UNIDO in $2.9m cooperation for development of medical, aromatic plants
The value of the cooperation is $2.9m and will be funded by Switzerland’s Federal Department of Economic Affairs, the minister noted.
-
Egypt's SODIC posts 2013 net loss of $64 million
The company had made a net profit of 257 million pounds a year earlier.
-
British clothing brand Ted Baker opens first store in Egypt
Ted Baker stores are known for their special designs and the store that just opened in Cairo is no exception.
-
Informa to help organise Egyptian electricity show
Informa Exhibitions, organiser of Middle East Electricity, has partnered with Egytec to co-organise Electricx.
-
Egypt to spend USD136m on tourism projects
Egypt has allocated EGP 950 million (USD 136 million) for tourism projects this year, tourism minister Hisham Zazou said in an interview with Zawya.
-
Egypt to lift natural gas prices for homes, businesses
Energy prices in Egypt are among the lowest in the world, & the cash-strapped government spends more than a 5th of its budget to keep them down.
-
Egypt sees boom in online hiring as Mideast job listings grow 15%
Monster tracked a 28 percent rise in online job listings in Egypt, ahead of Kuwait, Qatar and Bahrain.
-
Egypt welcomes 26,000 tourists on Easter Sunday
Al-Ahram detailed that 2,799 tourists came from Israel’s Eilat to visit Egypt through Taba.
-
Egypt estimates local wheat crop at 9 million tonnes
Egypt, the world's biggest wheat importer, is aiming to boost domestic production in an effort to cut its import bill.
-
Egypt to start energy subsidy restructure in July: PM
In efforts to pare down the budget deficit, Egypt will push ahead July with subsidies restructuring while protecting poorer sectors.
-
Egypt's CBE warns banks against forex commission
CBE is monitoring the market to prevent any violations and working to raise the efficiency of the foreign exchange market.
-
Does General Sisi have a plan for Egypt's economy?
An important question remains: What is candidate Abdel Fattah al-Sisi's economic policy?