News
-
Egypt, Iran resume direct flights after decades
Cairo airport officials say a private Air Memphis flight departed for Tehran carrying eight Iranians, including two diplomats.
-
‘Egypt to get help from wheat suppliers’
Two years of turmoil since the overthrow of President Hosni Mubarak has badly hit an economy starved of tourism revenues.
-
Iraq rejects $4bn Egypt lifeline request on high risk
Iraqi official says depositing such a large sum in Egypt would be too risky.
-
Egypt's Suez Canal revenue drops 7.4 pct in Feb vs Jan
Revenue in January was $405.1 million. In February 2012 it was $381.4 million.
-
Egypt fears bread riots as credit crunch hits key imports
Fuel shortages, tighter security at petrol stations and scuffles in the streets are becoming common in Egyptian towns.
-
AP Interview: Egypt says Iranian pose no risk
Egypt, which is predominately Sunni, has been working to normalize relations with Iran, after a long freeze.
-
Egypt's former trade minister returns $2.2mn of state's funds
Former trade minister Rachid Mohamed Rachid removed from wanted list by Prosecutor.
-
Among Egypt firms, dollars and optimism in short supply
Some firms are turning to the black market and paying inflated rates for hard currency.
-
Egypt's Economy: Going to the dogs
Unless President Muhammad Morsi broadens his government, Egypt’s economy looks likely to continue its downhill slide.
-
Egypt eyes gas supplies from Russia – Lavrov
Egypt is facing the possibility to become importer of natural gas for the first time in its history as domestic production fails to keep pace.
-
Divers caught while cutting Internet cable
Telecommunications executives meanwhile blamed a weeklong Internet slowdown on damage caused to another cable by a ship.
-
Egypt to import oil from Libya
"The Libyan petrol shipments will arrive next month," Kamal was quoted as saying in Al Borsa newspaper.
-
Egyptian internet services disrupted due to damaged cable
Internet services in Egypt have been disrupted by damage to an undersea cable, Link Dot Net boss Waseem Arsani has told Ahram Online.
-
Egypt's president Morsi to attend BRICS summit in South Africa
Egyptian President Mohamed Morsi will visit South Africa to attend the fifth BRICS summit of the world's leading emerging market economies.
-
Egypt's new economy excludes the poor
Egypt’s 25 January Revolution produced few economic benefits for the country’s poor even though they were instrumental in overthrowing the old order.
-
Israel Electric Corp voids Egypt gas supply agreement
No gas is being supplied to EMG by Egypt anyway, the utility explains in its financial statement.
-
Property prices rise in key Cairo areas as Egypt battles inflation
Asking prices for apartments in New Cairo rose by 4 percent to $1,180 per square meter, while villa prices rose by 9 percent.
-
Iraq to ship crude oil to Egypt next April
Iraq's top energy official says his country will sell crude oil to Egypt starting from next April.
-
Egyptian kidnappers release Israeli, Norwegian tourists abducted in Sinai
Authorities secured the release of Amir Hassan from Nazareth and Ingvild Selvik Ask, who were taken hostage in Egypt's Sinai peninsula last week.
-
Is Qatar abandoning Egypt?
Egypt’s economy is edging closer to collapse, and now there is one less place the government here can turn to for much-needed financial aid.