News
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Bank of Egypt ( bank misr ) the best in cash management , liquidity, and funds
Bank of Egypt received for the sixth year the award for Best Cash Management Bank , liquidity and money market funds from Global Finance magazine.
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Travel and Tourism in Egypt to 2018 Research Report
Research and Markets has announced the addition of the "Travel and Tourism in Egypt to 2018" report to their offering.
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African Development Bank will not halt loans to Egypt
Development finance institution remains committed to Saudi–Egyptian grid project, says top executive.
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Egypt moves into the black
Egypt’s central bank has taken extraordinary steps to prop up its currency and curb a black market in foreign exchange.
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Egypt bets on $14bn Suez revamp to jump-start economy
The bidding process for Egypt’s multi-billion dollar plan to refurbish the Suez Canal kicked off in January.
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Egypt's tourism industry gaining back confidence
The Egyptian Tourism Authority (ETA) has officially released the country's tourism figures for 2013.
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Egypt forex reserves up for first time since August
Net international reserves rise for first time in five months due to a $2 billion deposit from Saudi Arabia.
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Egypt pledges to pursue tourism plan
The Egyptian Tourist Authority is wooing overseas tourism officials and developing niche markets such as golf, wellness and diving.
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IDB allocates $220m for Egyptian power project
Allocation comes as part of nearly $705m approved by the bank to finance projects in Muslim communities.
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Troubled BG won’t exit Egypt in a hurry, says boss
Chris Finlayson admits shareholders are "disappointed" with a year's performance that ended with a profits warning.
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QNB Financial Services Expands Coverage To Saudi, Egypt, UAE
The brokerage is seeing increased interest in the three markets among Qatari investors.
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Egypt trade minister inaugurates business forum in Paris
Addressing the gathering, Abdel-Nour reviewed the latest developments in Egypt.
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Egypt business activity declines in Jan
The HSBC Egypt Purchasing Managers Index (PMI) for the non-oil private sector fell to 48.7 points in January.
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BG reports loss for first time since 2000 on Egypt charge
The net loss was $1.08 billion in the fourth quarter, compared with net income of $1.74 billion a year earlier.
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Egypt's new listing rules drive down stocks on Tuesday
New minimum requirements for listed securities drove down the market’s bellwether stocks.
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Tourism Minister: Gulf tourists rates down 15%
Zaazou predicted that 2014 would witness a substantial boom in tourism rates in Egypt, especially after the referendum on the constitution.
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Currency black market shows limits of Egypt's recovery
The central bank is in its second year of auctioning hard currency to satisfy demand.
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Egypt's quick-fix minimum wage hike fails to calm workers
Many workers say the LE1,200 minimum wage is too little too late in a nation whose rulers have long favored the elite over the poor.
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Dana Gas: Egypt increase hinges on payment deal
Dana Gas is discussing with Cairo a payment schedule “that would allow the company to make further investments”.
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Egypt encourages more Chinese tourists during Spring Festival
As one of the longest holidays in China, the seven-day Spring Festival is a good opportunity for Chinese people to travel abroad.