News
-
Egypt govt offers convicted investors 'reconciliation'
Egypt cabinet approves to amend a law related to investor guarantees and incentives by adding a clause stipulating possible reconciliation.
-
Egypt says to invite IMF team within a week for talks
Egypt postponed the final ratification of the loan in December because of political unrest at the time.
-
Egypt economy grows at 2.2%
The Planning Minister said the government is aiming for annualised growth of no less than 3 percent in the six months to the end of June.
-
Egypt to sign business protocol with Indonesia
The Chamber of Commerce in Cairo is attempting to boost economic relations with Indonesia.
-
Egypt food manufacturer closes business after workers protest
The plants, located near Alexandria, halted production after they were raided by more than 200 workers, some of them carrying swords.
-
World Bank-backed app challenge in Egypt attacks Cairo’s notorious traffic
The World Bank sponsored a competition to develop the best technological solution to one of the many problems associated with Cairo’s traffic.
-
Egypt CIB's fourth-quarter net profit rises 7 pct
CIB said in a statement it made "record" revenue of 5.34 billion pounds for full-year 2012, and net income of 2.23 billion pounds for the full year.
-
Amer Group to implement $250 mln project in Jordan
Jordan’s Prime Minister Abdullah Ensour said the government is committed to facilitating the implementation of the tourism project.
-
Egypt signed debt deals with Malaysia's Petronas, BG Group
Oil producers working in Egypt are estimated by Exclusive Analysis to be owed $9 billion.
-
Analysis: Egypt in political clinch as economic cliff looms
Subsidised diesel fuel and fertilizer are in short supply, while the cost of subsidies is swelling the budget deficit.
-
Egypt to start rationing subsidized fuel in July
Egypt's government is in the process of reforming subsidies in order to cut its budget deficit and secure a $4.8 billion loan from the IMF.
-
SA Ambassador urges increasing trade, investment with Egypt
Morsi had accepted President Jacob Zuma’s invitation to attend Brics Leaders of Africa Dialogue in March.
-
Egyptian flooding washes away Gaza tunnel business
The network of tunnels has been a vital lifeline for Gaza, bringing in an estimated 30 percent of all goods for the city.
-
Fresh blow to media plurality as Egypt Independent announces closure
The team has been promoting their subscriptions service in part by creating a Facebook event to encourage their readers to subscribe to their issues.
-
Egypt's alcohol ban raises tourism doubts
Tourists have been reassured about the future of Egypt as a tourist destination after authorities moved to restrict the sale of alcohol.
-
Dollars start running out for Egypt's currency bureaus
Foreign exchange offices can only supply 20% of the US dollars for which they receive orders.
-
Egypt currency has further to fall: business leader
Egypt has begun devaluing its currency to help revive the economy and meet the conditions of an expected IMF loan.
-
Egypt uncovers more Mubarak-era assets in UK
More financial assets belonging to Mubarak regime figures are discovered in London amid ongoing efforts to trace, repatriate pilfered public funds.
-
Morsi's son applied for job starting at $133 per month
Head of Egypt aviation company says president’s son applied for job starting at $133 per month, not $5,000.
-
Morsi's applied for job starting at $133 per month
Head of Egypt aviation company says president’s son applied for job starting at $133 per month, not $5000.