News
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Egypt renews efforts to attract foreign tourists to its shores
Authorities mount international campaign to reassure tourists that Red Sea and Sinai beach resorts are safe.
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Egypt owes $46 billion in foreign debt: CBE
The banks operating in the Egyptian market have strong budgets, making them capable of contributing to the economic growth, Ramez said.
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Middle East fund managers shy away from Turkey, warm up to Egypt
The survey reveals that some Middle East fund managers have shifted money from the United Arab Emirates (UAE) to less richly valued markets.
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What does Egypt's economy need? 'More than just a president'
Bank of America Merrill Lynch said in its latest report that the IMF will still be needed to maintain macro stability in H2/2014.
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Security top priority for new Egypt government: PM
In his first address to the nation, Ibrahim Mahlab said Egypt faced "challenges that are like mountains".
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World leader in diving boats to enter Egypt's Red Sea tourism market
The Red Sea Aggressor, a five-star live-aboard diving vessel, arrives for diving trips in Red Sea.
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ADIB - Egypt named "Best Islamic Bank in Egypt"
The selection of the bank for this award came as a result of sorting a large number of Customers votes on IFN website.
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Financial services sector leads stock market in February
The telecommunications sector registered 1.31 billion trades at 2.29 million EGP, while real estate ranked third.
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Egypt’s new cabinet sworn in as part of limited reshuffle after PM’s resignation
New lineup by new interim Prime Minister Ibrahim Mehlib largely removed Cabinet members belonging to political parties formed after the 2011 revolt.
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Ukraine turmoil will not disrupt Egypt wheat imports: official
Political turmoil in Ukraine will not disrupt Egypt's wheat imports from the country, an Egyptian official said on Saturday.
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Egypt's tourism authority promotes domestic tourism
Egypt’s tourism authority has launched an initiative in collaboration with the private sector to promote domestic tourism.
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EGX30 reaches highest level since Sept 2008 last week
The broader EGX70 index of the leading smaller and mid cap enterprises succeeded to edge higher registering its highest level since January 2011.
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German holidaymakers leave Sharm el-Sheikh after Sinai warning
German authorities on Wednesday recommended its citizens refrain from travelling to the beach resorts on the peninsula.
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Egypt central bank keeps key rates on hold to boost growth
It also kept its discount rate and the rate it uses to price one-week repurchase and deposit operations at 8.75 percent.
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Egypt's public business sector to fall under industry ministry
Nine public holding companies and their subsidiaries to now fall under Ministry of Foreign Trade and Industry.
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Investment, trade ministries to merge in new Cabinet: Abdel Nour
Abdel Nour told Youm7 that he had been assigned to handle both domestic and foreign trade, and had accepted his new post.
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Economic crimes decline in the Middle East
The level of reported economic crimes in the Middle East declined last year, according to PwC’s Global Economic Crime Survey.
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Poland to increase tourist flow to Egypt
Addressing a tourism conference in Hurghada, Napiórkowska said this increase by 400,000 tourists is planned in 2014.
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Int'l Coalition of Tourism Partners (ICTP) supports appointment of Zaazou
The International Coalition of Tourism Partners (ICTP) warmly re-iterates its support for Hisham Zaazou's re-appointment as Tourism Minister.
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Min. of Planning: Suspended aid after June 30 less than $20 mln a year
Any country seeking to achieve growth has to make use of its available resources and receive support from its development partners.