News
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Gafi: We are committed to improve Egypt's rank in Doing Business Report
Egypt's rank retreated to hit 128- out of 185- in 2014 instead of the 106 due to the circumstances that Egypt had witnessed.
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Egypt central bank seen keeping rates on hold amid inflation woes
Six economists polled by Reuters said they expect the central bank to keep rates on hold on April 24.
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Egypt's Suez Canal March revenues rise 8.5 pct year-on-year
February revenues stood at $339.3 million, the lowest in four years.
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Will passing gas ease Israel's tensions with Egypt and Turkey?
A growing population and soaring demand have left Egypt's own liquefied natural gas export (LNG) plants in need of new supply.
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Former Finance Minister released over asylum status
Magdi Shafei said that Ghali presented his UK-based asylum status after he was arrested in France.
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Egypt's telecom regulator to reap percentage of future TE mobile earnings
State-owned Telecom Egypt to pass on 6 percent of revenues from upcoming mobile services to governemnt agency, NTRA head tells Reuters on Wednesday.
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With Sisi likely to take over, how will Egypt's 'military economy' look like?
The Egyptian military is the biggest in Africa, and one of the largest in the world.
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National Bank of Egypt to fund Suez Canal axis development
The new project would make Egypt a logistics and economic center, increase foreign monetary reserves, and create job opportunities and investments.
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Egypt's corporate tax revenues are a hoax
An examination of taxes collected by the government from 2008 to 2012 uncovers a focus on capital which comes at the expense of general public.
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Egypt’s Tourism revenue drops 43% in Q1 after travel warnings
Egypt suffered another blow in February when a coach carrying Korean tourists was bombed by Islamist extremists.
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Arab bank union eyes SME fund
The Union of Arab Banks, set up in 1974, includes over 360 banks in 20 Arab countries operating under the umbrella of the Arab League.
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Egypt reduces gas production for ten days
Production will be 4.69 billion cubic feet per day instead of 4.91 billion cubic feet.
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Investment in Egypt: An odd oasis
A market swoon may not have made it easy for American businesses to attract investment, but problems are relative.
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Kirloskars set up centre to service irrigation systems in Egypt
The Kirloskar group has recently set up two major pumping stations on the banks of the river Nile.
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Egypt limits air conditioning in mosques
Egypt has set limits for electricity use at mosques as part of government efforts to ease the impact of power cuts affecting homes and factories.
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Egypt's to tighten security measures in Sharm El-Sheikh, Hurghada
New measures include security cameras and issuing ID cards to employees in the two Red Sea resort towns.
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Egypt Pound falls to 7-month low after foreign-investor payout
The currency fell 0.1 percent to 6.9802 a dollar in interbank trading today, the lowest level since Sept. 3.
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Egypt's Arabian Cement to start IPO roadshow next week
"Our target is the 14th of May to start trading ... but that may change," according to Chief Executive Jose Maria Magrina.
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Egypt's new investment law ignites controversy
Amendments barring third parties from challenging contracts between Egypt's government and investors have angered judges and labour lawyers.
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Egyptian satellite to be launched in cooperation with Russia
This step will mark the beginning of cooperation to build a modern government that can capture huge amounts of information through space.