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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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Investment opportunities in Suez Canal Project are endless: Dar Al-Handasah director of operations

  /  September 16, 2014  /  interviews  /  No Comments

Closeness of name between company and army’s engineering corps led to confusion

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Egypt waiting for ‘appropriate moment’ to issue dollar bonds: Finance minister

  /  September 16, 2014  /  Business  /  No Comments

Too early to define the yearly percentage that will be removed from energy subsidies, Dimian says

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Dissolution of Ultras group delayed

  /  September 14, 2014  /  Egypt, Politics  /  No Comments

Court yet to rule on Mortada Mansour’s call to designate Ultras group a terrorist organisation

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6 companies to have IPOs this fiscal year: EFG Hermes CEO

and   /  September 13, 2014  /  interviews  /  No Comments

Food industry likely to be the first to have an IPO, says Karim Awad

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Jumia online shopping app Google Play store favourite

  /  September 10, 2014  /  Technology  /  No Comments

The shopping application has been downloaded over 100,000 times, the company announced this week

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9 members of rap group arrested

  /  September 10, 2014  /  Egypt, Politics  /  No Comments

“Art Revolution” rappers accused of chanting against military

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Exports reach $1.66bn in August: Ministry of Industry and Foreign Trade

  /  September 9, 2014  /  Business  /  No Comments

Arab League highest importer of Egyptian goods in August, ministry’s report highlighted

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Railway sector needs EGP 60bn for development: Transportation minister

  /  September 9, 2014  /  Business  /  No Comments

Egypt recently agreed with several European countries to import 25 new trains

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Shoukry to join Jeddah meeting on terrorism

  /  September 9, 2014  /  Egypt, Politics  /  No Comments

Saudi Arabia hosts meeting to discuss combating terrorism and extremist organisations in the region

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Hunger striking activists to continue NCHR sit-in

  /  September 9, 2014  /  Egypt, Politics  /  No Comments

Activists demand cancellation of Protest Law and the release of all political prisoners

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Removal of electricity subsidies to happen over five years: Electricity minister

  /  September 9, 2014  /  Business  /  No Comments

Government to introduce feed-in tariff for new and renewable energy “within weeks”, planning minister said Monday

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Feed-in tariff for new and renewable energy to be announced within weeks: El-Araby

  /  September 8, 2014  /  Business  /  No Comments

Ministry of Finance may act as guarantor between investors and Ministry of Electricity to ensure continuous power supply

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11 amendments necessary to attract investors: EFIA

  /  September 8, 2014  /  Business  /  No Comments

Eradication of bureaucracy, stability of regulations and establishment of free zones are among prerequisites for attracting investors, the association says

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New committee to follow-up on conference: El-Araby

  /  September 8, 2014  /  Business  /  No Comments

Government seeks to accomplish “legislative achievements” to foster investment before December 2014

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Tanmeyah Company aims at EGP 30m profit by year’s end

  /  September 7, 2014  /  Business  /  No Comments

Tanmeyah buys new equipment to offer more services to oil companies

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Poor technical conditions in power stations worsen due to outages and wasted fuel: EGAS official

  /  September 7, 2014  /  Business  /  No Comments

Petroleum ministry supplies fuel to electricity worth approximately $72m per day

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International foreign reserves increase by $99m

  /  September 7, 2014  /  Business  /  No Comments

Egypt to repay $0.5bn to Qatar in October; it is “ready to repay $2.5bn in November, if requested”, says CBE governor

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Water minister to visit Ethiopia mid-September

  /  September 7, 2014  /  Egypt, Politics  /  No Comments

Egypt officials seek mutual agreement with Ethiopian counterparts over GERD project

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Cairo University steps-up ‘security measures’

  /  September 7, 2014  /  Egypt, Politics  /  No Comments

Cairo University prepares for academic year by removing graffiti deemed offensive to the military and police

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Detained Al-Azhar students begin hunger strikes

  /  September 7, 2014  /  Egypt, Politics  /  No Comments

A group of detained Al-Azhar students join dozens of detainees in open-ended hunger strikes until release

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Government SMEs company Board of Trustees to be announced before month’s end: Al-Araby

  /  September 4, 2014  /  Business  /  No Comments

The board of trustees will be responsible to form mother company, its subsidiaries and raise funds, minister noted

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University Students vow to return for more protests despite security threats

  /  September 3, 2014  /  Egypt, Politics  /  No Comments

Securing the educational process appears an uphill battle in Egypt’s turbulent campuses

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MCIT, Misr El-Kheir and Future Generation Foundation sign cooperation protocol

  /  September 3, 2014  /  Technology  /  No Comments

The initiative aims to support human values and democratic dialogue, says MCIT

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Prison responsible for hunger striker’s health: ECESR

  /  September 3, 2014  /  Egypt, Politics  /  No Comments

Hunger strikers face deteriorating health conditions

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German business delegation to visit in September

  /  September 2, 2014  /  Business  /  No Comments

Delegation will discuss possibility of new investments in Egypt

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Company invests EGP 2bn in construction of hypermarket: Supply minister

and   /  September 2, 2014  /  Business  /  No Comments

Private company to supply EGP 2bn to build chain of hypermarkets as part of plan to expand local trade markets in collaboration with supply ministry

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Egyptian cotton exports decrease by 69.7%: CAPMAS

  /  September 2, 2014  /  Business  /  No Comments

Fall in exports is due to a decrease in cultivated area

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6 April members face prosecution after spending night in security camp

  /  September 2, 2014  /  Egypt, Politics  /  No Comments

A seven-year-old boy was among the members arrested while gathering for a memorial

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Latest

UPDATE: Banque du Caire receives Suez Canal investment certificates

  /  September 2, 2014  /  Business  /  No Comments

Cooperation protocol between the Suez Canal Authority, banks and the Ministry of Finance expected to be signed on Tuesday.

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