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Final ruling for the OCI postponed to 4 November

  /  October 28, 2014  /  Business  /  No Comments

Government seeking to settle tax dispute worth an estimated EGP 7bn

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Egypt expects to issue $1-$1.5bn international bonds in Q1 2015: Finance minister

  /  October 27, 2014  /  Business  /  No Comments

Hani Kadry Dimian neither confirmed nor denied news that Egypt received $1bn in aid from Kuwait

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Review: ‘Crave’ opens a branch in Cairo Festival City Mall

  /  October 27, 2014  /  Lifestyle  /  No Comments

The restaurant has two seating areas; the outside area offers visitors a chance to enjoy the energetic ambiance and watch the dancing fountain.

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IDB approves $230.2m Sharm El-Sheikh airport development

  /  October 22, 2014  /  Business  /  No Comments

Bank’s contribution to development project reaches $457m

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Documents requested for stock market listing reduced

  /  October 22, 2014  /  Business  /  No Comments

Up to six companies are expected to list on EGX before end of year

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Up to six companies to be listed on stock market: EGX chairman

  /  October 21, 2014  /  Business  /  No Comments

Four companies have already listed in the market during 2014, with more to follow

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FEI rejects minister’s approval of independent union

  /  October 20, 2014  /  Business  /  No Comments

Industry Federation demands prime minister’s intervention over independent union for land transport workers

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EGX requests financial disclosure from listed companies

  /  October 19, 2014  /  Business  /  No Comments

Stock market has witnessed series of significant losses during past week

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Proposal to raise fertilisers prices causes uproar

  /  October 14, 2014  /  Business  /  No Comments

Farmers and fertiliser producers strongly opposed over pricing issue

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Armed forces constructing new cement production line

  /  October 14, 2014  /  Business, Industry  /  No Comments

New line aims to double yearly production by end of 2015

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Legislation changes to be made by ERRADA Board: Abdel Nour

  /  October 13, 2014  /  Business  /  No Comments

ERRADA initiative was reactivated earlier this year

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GE prepared to assist Egypt with emergency power: Kerry

  /  October 13, 2014  /  Business  /  No Comments

CEO of General Electric told John Kerry that the company is willing to cooperate with the Egyptian government

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Diplomatic delegations exempted from daily withdrawals limit: CBE

  /  October 12, 2014  /  Business  /  No Comments

Bank previously announced that daily withdrawal limit would be set at $30,000

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Capital market sheds over EGP 14bn

  /  October 12, 2014  /  Business  /  No Comments

Egyptian markets influenced by losses in the international and Arabian capital markets

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Savings at Egypt Post reach EGP 65.8bn in FY 2012/2013

  /  October 11, 2014  /  Business  /  No Comments

Pensions distributed from postal offices reached EGP 35.9bn

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Notable rise in output, new orders of private companies: HSBC

  /  October 7, 2014  /  Business  /  No Comments

Employment rose for first time since April 2012, yet job creation remains modest

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Naguib Sawiris donates EGP 500,000 to Nubarriya Canal

  /  September 30, 2014  /  Business  /  No Comments

Business tycoon’s donation part of the Adopt a Canal initiative

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Repetition of Suez Canal certificates possible for other projects: Al-Araby

  /  September 30, 2014  /  Business  /  No Comments

Consultant for Golden Triangle project to be selected in October, planning minister says

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Companies owned by MB leader not closed: Asset seizure committee

  /  September 30, 2014  /  Business  /  No Comments

Muslim Brotherhood leader Hassan Malek is the owner of several well-known clothes and furniture stores

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Colliers International looks at real estate projects in Egypt: Regional director

  /  September 29, 2014  /  interviews  /  No Comments

Country’s core demographics will always be encouraging factor for investors: Albert

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Full value of Egyptian tourism industry remains untapped: OECD

  /  September 29, 2014  /  Business  /  No Comments

Egypt spends some $60m per annum on tourism promotion, advertising

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Egypt’s exports to Nile basin countries surges by 15%, imports slide by 0.4%: CAPMAS

  /  September 28, 2014  /  Business  /  No Comments

Sudan is highest importer from Egypt, while Kenya is highest exporter to the country

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Personal savings dominate Suez Canal certificates’ purchases: Baseera

  /  September 27, 2014  /  Business  /  No Comments

42% used money kept at home, 38% used bank savings, 13% used Egypt Post savings

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Orascom construction IPO expected during the first half of 2015: Company official

  /  September 24, 2014  /  Business  /  No Comments

Company has not decided country for initial IPO yet

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Digital universe to grow over 600% in MENA region

  /  September 24, 2014  /  Technology  /  No Comments

MENA region needs to increase data security says Digital Universe Study

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PayFort assists unbanked Egyptians to shop online with pay@store service

  /  September 24, 2014  /  Technology  /  No Comments

Company states that only 9% of Egyptians have bank accounts

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Egypt to reimburse share of foreign partner’s oil and gas revenues at $700m a month: Tarek El Molla

and   /  September 22, 2014  /  Business  /  No Comments

EGPC, petroleum sector companies register EGP 72.2bn profit during FY 2013/2014

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Purchases of investment certificates divided as 82% citizens, 18% institutions: CBE governor

  /  September 21, 2014  /  Business  /  No Comments

Egypt post collected EGP 730m from 250,000 Egyptians, governor says

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Euromoney Conference: Suez Cement factory to begin operating on coal next November: CEO

  /  September 17, 2014  /  Business  /  No Comments

Italgen working on getting permits for second phase focusing on wind energy, CEO

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Egypt needs growth, jobs over economic stability: IMF chief in Egypt

  /  September 16, 2014  /  Business  /  No Comments

Government has set concrete goals for its February economic summit, says Lazard managing director

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