News
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Do Egypt's new leaders hate entrepreneurs?
Six months into their rule, it is only fitting that we ask: Is there room for entrepreneurship in today's Egypt?
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Expansionary economic policies prevent tax increases: Finance minister
The government will tackle a different tax system after revitalising the economy, says Minister of Finance.
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The Egyptian Stock Market is breathtaking
Think the U.S. market has been on a nice run? Try Egypt. The CASE-30 index is up a breathtaking 55% just since last summer.
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Egypt's tax authority refers OCI to public prosecution on tax arrears
Tax dispute between Orascom Construction Industries and Egyptian government reemerges after non-payment of second installment.
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Opinion: Egypt’s bogus democracy doesn’t deserve U.S. aid
If Egypt “has held a constitutional referendum and is supporting a democratic transition," it would be allowed a $1 bln in annual US aid.
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Tourism earnings to fall by 39% to EGP 6.5bn by end of 2013: minister
Tourism earnings are expected to drop by 39% year on year to EGP 6.5bn by the end of 2013, according to Minister of Tourism Hisham Zaazou.
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New efforts to boost tourism in Egypt
”Unusual Egypt” aims to boost tourism and highlight lesser known attractions in Egypt.
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Egypt stocks hit three-year high as Sisi signals his candidacy
Egypt’s benchmark rose 2.0 percent to 7,117 points, its highest close since January 2011, when former President Hosni Mubarak was still in power.
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Egypt signs the Global Code of Ethics for Tourism
UN's World Tourism Organisation document promotes responsible tourism.
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Egyptian tourism minister looks to future
"2013 was the worst year on record for Egypt’s tourism industry," Egypt’s Tourism Minister Hisham Zazou said.
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Egypt to be stimulated by the UAE
On 27 October, the government signed an agreement with UAE to finance development projects valued at $2.8bn as a part of the second package.
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Government did not receive settlement offers from Hussein Salem
If such offers were made, they will be considered by relevant bodies, said Cabinet Spokesman Hany Salah.
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Forbes ranks Egyptian doctor among top social entrepreneurs in 2014
The neurosurgeon Mohamed Zaazoue, 26, is the only Egyptian to make the list of 30 entrepreneurs.
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New tourist insurance rules for Egyptian agencies
Travel agencies will be have to enter new insurance scheme in a move to improve trust in Egypt's tourist sector.
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0.04% reduction in December rate inflation: CBE
The monthly basic inflation reached 0.41 percent in December compared to 0.46 percent in November.
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Conference to boost Tourism in Luxor
Ministers of Culture, Tourism, Civil Aviation, Youth and Antiquities, as well as governors are scheduled to attend the conference.
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Opinion: A smooth Egypt Referendum could spur aid, investments
The country was once a favourite of foreign investors seeking exposure to emerging markets in the Middle East.
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Centamin Q3 Egypt gold mine production exceeds target
Sukkari flagship gold mine production up 7% in Q4 year-on-year as total 2013 output beats guidance by 11% despite expansion work and turmoil.
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Egypt relaxes controls on Forex transfers
The change will take effect from January 2014 and cannot be applied retroactively.
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The curious case of the Egyptian economy: not a single recession in 22 years
Egypt’s economy is curious because it is an experiment. It follows no model, and it is driven mainly and solely by its huge population.