News
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Indian business delegation visits Egypt
During their visit, the delegation will hold a meeting with Egyptian Business Development Association (EBDA).
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Jordan in the dark over Egyptian gas cut
Jordanians suffer severe shortage of natural gas after Cairo gov't reduces amounts pumped to Amman.
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Egypt authority to appeal Centamin’s Sukari ruling
Egypt’s mineral resources authority will appeal a court ruling that annulled the Sukari gold mine contract, sparking a sell-off in Centamin Plc.
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IMF’s visit has nothing to do with Egypt’s pound devaluating: official
Many foreign investors are waiting for the IMF agreement with Egypt as Cairo has asked for a $4.8 billion loan.
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Egypt postpones curfew on shops, cafes by a week
The postponement appeared to be driven by pressure from chambers of commerce and the public.
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British Foreign Office raises Egypt terror threat
Egypt terror threat raised from medium to high after series of deadly militant attacks across north Sinai.
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IMF delegation in Egypt for critical talks over $ 4.8 billion loan
The delegation is expected to be in Egypt for a couple of weeks to discuss an economic reform program.
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Agthia restructuring in Egypt as unrest eats into profit
Agthia, the regional food company, is in the process of restructuring its Egyptian business after disappointing crop production and unrest.
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Egypt to auction land for tourist developments: minister
Tourists are returning to Egypt but do not yet match the levels of 2010, before the uprising, when 14.5 million people visited.
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Cycling: The sustainable solution to Egypt's congestion epidemic
“Cycling in Egypt”: an all-day seminar that was held at the Nederlands-Vlaams Insituut In Cairo (NVIC) on the 18th October 2012.
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State says go home and sleep, 24/7 Egypt resists
Officials say the step is necessary to conserve electricity in a nation buckling under economic crisis and fuel shortages.
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Centamin Egypt gold mine operating normally, executives say
Andy Davidson, head of investor relations, said the company is waiting for a transcript of the verdict to understand its implications.
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Morsi receives EBRD President
EBRD President confirmed the bank willingness to orient investments to Egypt, out of the bank willingness to support the Arab Spring States.
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Egyptian startup Yadget debuts at Global Mobile Internet Conference
The yadget tags are then linked to a barcode or to a location on a map for others to find and interact with.
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Shares suspended in gold mining firm Centamin after court voids contract
Flagship Sukari gold mine still operational as company plan an appeal but investors send shares down 50%.
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Key IMF loan talks begin in Cairo, reducing budget deficit is focus
The goal is to phase out wasteful subsidies, especially in the energy sector and to reach an agreement before the end of the year.
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UAE’s Dana Gas positive Egypt will pay debts
According to arabian business, Dana Gas was still owed $198.5 million for unpaid fuel bills by Egypt as at June 30, 2012.
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Crowdfunding platform Yomken makes launching products easy in Egypt
Yomken is set to boost the Egyptian economy & improve local production by introducing, for the first time in Egypt, crowdfunding & open innovation.
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Egypt secures vital oil supplies for rest of year
The country has been struggling to import oil since the 2011 revolution due to government deficits and resulting constraints.
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Egypt's leaders take aim at subsidies - now they need to fire
Abundant resources in deep offshore areas, and in shale formations onshore, are not economic at current regulated prices.