News
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Egypt stocks hit 2-year high in trading Sunday
Experts say investors are now confident in the political situation in Egypt, with ongoing security challenges not affecting trading.
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Profile: NBAD Securities boss says 2014 could be Egypt’s year
Geopolitical pressures from within the region, if they rise in temperature, could have negative effects on Egypt's outlook.
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Egypt's economy grows contrary to IMF’s view
Egypt’s Prime Minister Hazem El-Beblawy said the country’s economy is improving, adding there are many indicators which confirm this fact.
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El-Sisi and Egypt's bankrupt civil elite
In their support for military rule, Egypt's opportunistic civil political elite betray the very values they claim to defend.
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Egypt on EU Foreign Affairs Council main agenda
EU foreign ministers will meet to discuss Egyptian and Syrian situations in their monthly assembly.
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Agriculture Ministry pledges to increase wheat production
Egypt’s production of Spring wheat is considered the highest in the world.
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QNB denies plans to sell NSGB Egypt
An official source at Qatar National Bank denies that it is engaged in talks to sell the recently-acquired Egypt subsidiary of French NSGB.
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Growing economies by planting startip culture seeds
In countries where people have overthrown strongman political leaders, the government is no longer overlord of service provision.
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Egypt will ‘find other sources’ for aid if needs not met
The United States announced last week that it would withdraw a significant portion of its military aid to Egypt.
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World Bank offers $500 million loan for Egypt
The World Bank has proposed a $500-million loan for natural gas delivery in Egypt.
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Egypt doesn't need IMF loan at current time: Finance minister
Ahmed Galal says Egypt does not need a $4.8 billion loan from the International Monetary Fund because the country's financial situation has changed.
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Egypt, Ethiopia, Sudan discuss "Renaissance Dam" in October
The International Experts Committee will assess the potential impacts of Ethiopia's massive dam project on downstream countries of Sudan and Egypt.
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Why Egypt’s economy matters to US national security
“The real answer to the economic situation [in Egypt] is to have everybody being productive,” said Aclimandos.
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Sawiris tells Canada he's no spy; re-directs investment to Egypt
Naguib Sawiris vows never to invest in Canada again after Harper government blocks takeover of Allstream on grounds of 'national security'.
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Arab Spring countries suffer a financial hangover
Egypt’s fiscal deficit now stands at 14 percent of GDP, with public debt approaching 100 percent of GDP.
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Egypt in talks with France's AFD to finance power projects
AFD has agreed in principle to finance a power grid project in the Nile Delta worth a total of 52 million euros, electricity minister says.
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IMF endorses Egypt’s $3B stimulus plan
The flow of aid led Egypt to halt plans to seek a $4.8 billion loan from the IMF.
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Hope glimmers for demoralised Egyptian tourist industry
If the business could survive the 1997 bloodbath at Luxor, it can probably recover from its current convulsions.
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Egypt's economy grew by 2.1 pct in year to end-June: minister
The economy saw several years of 7 percent growth before the popular uprising that brought down Hosni Mubarak in February 2011.
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Qatar National Bank might sell freshly acquired NSGB Egypt
Unnamed QNB official says the Qatari bank will sell NSGB Egypt due to political tension between the two countries.