News
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Foreign cash pinch hits Vodafone’s Egypt trade
DUBAI: Foreign exchange shortages are making it harder for Vodafone’s Egyptian business to buy network equipment.
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China's investments in Egypt increase by 60%
China's Ambassador Song Aiguo said that the Chinese investments in Egypt increased by 60 percent over the past 2 years to exceed $500 million.
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HSBC reviewing Iraq ops, continues Egypt investment
HSBC Holdings (HSBA.L) is reviewing its operations in Iraq while continuing to invest in Egypt despite a challenging near-term environment there.
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HSBC reviewing Iraq ops, continues Egypt investment
HSBC Holdings (HSBA.L) is reviewing its operations in Iraq while continuing to invest in Egypt despite a challenging near-term environment there.
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Breaking the glass ceiling: Q&A with Egypt's 1st female bank VP
Egypt's pioneering former banker Sahar El-Sallab tells Ahram Online about the struggles and lessons of her path to success.
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Central Bank: Qatar's promised $3 bn in aid not yet received
Central Bank of Egypt Governor Hesham Ramez said Egypt has not yet received a Qatari deposit of US$3 billion intended for buying bonds.
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Egypt’s growing black market a sign of economic woes
Egypt’s rapidly expanding black market and vast hoarding for gasoline may be the illustration of just how badly its economy is failing.
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Egypt monthly Suez Canal revenues down from March 2012
Figures reveal that a major source of foreign currency revenue earned Egypt 12.3 percent less in March than previous year.
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Western Corporations Are Awaiting A Real Economic Plan From The Morsi Government
When the Arab Spring swept through Egypt, Mara Vaughan was not particularly concerned about her safety.
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Russia snubs Morsi's $2bn loan request
No agreement has been reached on a $2bn loan from Russia following President Mohamed Morsi’s visit to the country.
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Lagarde: IMF 'will not leave table' on Egypt loan talks
The IMF will remain engaged in loan negotiations with Egypt but wants the international community to provide financing too.
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Louis Dreyfus: possibility of participating in food-security program in Egypt
Louis Dreyfus Holding BV, a Dutch commodities trader, to more than double Russian grain-storage capacity.
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Egyptian tourism chief warns fuel price hike will hit hotels
The head of Egyptian Tourism Federation has warned of pressure on hotel prices from the Cairo government's plans to scrap a subsidy on fuel.
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Egypt nears deal to import Libya oil on credit in May-Officials
Cash-strapped Egypt is close to finalizing an agreement to import 600,000 barrels of crude from OPEC-member Libya in May on credit.
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IMF chief says hopes for loan deal with Egypt
The head of IMF said more work is needed to conclude loan talks with Egypt but expressed hope that a deal can be struck.
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President Morsi travels to Russia for business talks
On his first visit as Egyptian president, Morsi brings ministerial team along to discuss with Russian ministers.
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President Morsi travels to Russia for business talks
On his first visit as Egyptian president, Morsi brings ministerial team along to discuss with Russian ministers.
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Islamic Development Bank promises major investments in Egypt
The Islamic Development Bank plans to pump US$3 billion into the Egyptian market over the next five years.
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Islamic Development Bank promises major investments in Egypt
The Islamic Development Bank plans to pump US$3 billion into the Egyptian market over the next five years.
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Egypt’s $4.8bn IMF loan talks end without accord
Egypt and the International Monetary Fund failed to agree on terms for a $4.8 billion loan that could ease a worsening economic crisis.