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Air Defence, Al-Sabbagh officials will be held accountable: Al-Sisi

  /  February 22, 2015  /  Egypt, Politics, Region  /  1 Comment

In 40-minute speech, president addresses Libya airstrikes, admits there may be innocent people in jail

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SODIC targets coastal investment before 1H of 2015

  /  February 22, 2015  /  Business  /  1 Comment

Company eyes both Ain Sokhna and the North Coast

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15 real estate development companies compete to establish food court in Mövenpick El-Haram: Company official

  /  February 18, 2015  /  Business  /  No Comments

Amer Group, Al-Hokair, Wadi Degla, Palm Hills, Al-Futtaim are the biggest companies in the competition

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3 investment banks promote 11 developmental projects for Economic Summit

  /  February 14, 2015  /  Business, Egypt Economic Development Conference  /  1 Comment

Global Swiss bank expressed desire to participate in marketing Conference’s investment projects

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Commodity prices stable, prices drop: Minister of Supply

  /  February 10, 2015  /  Business  /  No Comments

The minister pointed out that enough quantities of cooking oil have been contracted to suffice for consumption till the end of July – a total of 172,000 tonnes – with a value of EGP 1.5bn. A supply of Brazilian poultry, 23,300 tonnes, was also contracted.

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Russians lead tourist flow to Egypt in 2014 with 3m tourists: Ministry of Tourism

  /  February 9, 2015  /  Business  /  No Comments

Ministry seeks to increase Russian market share by intensifying promotion methods

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Bilateral trade between Cairo, Moscow registers $4.5bn in 2014: Putin

  /  February 9, 2015  /  Business  /  No Comments

Free trade, Egyptian exports increase mark Cairo-Moscow economic relations

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Al-Kharafi Group’s Egypt investments will not be sold: Company official

  /  February 9, 2015  /  Business  /  1 Comment

Al-Kharafi Group to establish 1,800 hotel rooms in Marsa Alam within next two years with investments exceeding EGP 2bn

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CEOs view 2015 world economic growth with less optimism: PWC

  /  February 1, 2015  /  Business  /  No Comments

Over-regulations, availability of key skills and government response to fiscal deficit and debt burden are among the main concerns in 2015

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Building the Arab knowledge economy

  /  January 27, 2015  /  Opinion  /  1 Comment

By Omar Khedr Beginning on 28 January, Cairo will play host to publishers, authors, literary agents, as well as avid readers from around the world. Brought together by the Cairo International Book Fair, the oldest read the rest…

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Tivoli Dome to launch branches in 5 countries in Middle East

  /  January 22, 2015  /  interviews  /  1 Comment

Egyptian food court achieved profits equivalent to 90% of its total expenditure in 2014

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Egypt-Qatar ties improving, though disagreements persist

  /  January 20, 2015  /  Egypt, Politics  /  No Comments

“We will wait and see, but there is no meeting decision with Sheikh Tamim bin Hamad,” says Al-Sisi

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Egypt seeks pivotal role in energy trade: Al-Sisi

  /  January 19, 2015  /  Business  /  No Comments

Following 25 January Revolution, Egypt has suffered from recurring power cuts

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Minor rockslide following evacuation in Manshiyet Nasser

  /  January 3, 2015  /  Egypt, Politics  /  1 Comment

“We forced people out to save their lives,” says official

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Can Al-Sisi boost the economy with national projects?

  /  January 3, 2015  /  Business  /  1 Comment

The Egyptian regime has, on an irregular basis, relied on major national projects which contribute to boosting the economy and the economic development and raise operation rates. Although some projects failed, the Egyptian dream is read the rest…

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Cairo’s small business owners hope for stability, skilled workforce and clear-out of bureaucracy in 2015

and   /  January 3, 2015  /  Egypt, Politics  /  No Comments

Mixed year for efforts of city’s start-ups, but optimism about coming year rides high

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Governor reshuffle to take place in January: Al-Sisi

  /  December 30, 2014  /  Egypt, Politics  /  1 Comment

President also discussed latest economy and security developments with editors of state-owned newspapers

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Egypt vulnerable to adverse global economic developments: IMF Mission Chief

  /  December 27, 2014  /  Business, Egypt Economic Development Conference  /  No Comments

Egyptian authorities design good macroeconomic and reforms programme ahead of March 2015 economic conference, says Jarvis

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Al-Sisi invites Chinese inventors to March Economic Summit

  /  December 23, 2014  /  Business  /  1 Comment

Al-Sisi said the Egyptian economy was in a “very difficult position” 16 month ago, with inflation reaching its highest rates, international agencies lowering the country’s credit ratings, and the fleeing of foreign investments.

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Fitch Raises Egypt’s Credit Rating to ‘B’

  /  December 20, 2014  /  Business  /  1 Comment

At end of 2014, national debt stood at 90.5% of GDP, and is set to drop to 85.8% of GDP by the end of the FY 2015-2016

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Egypt looking to mend economy with energy moves

  /  December 14, 2014  /  Opinion  /  1 Comment

  By Oxford Business Group Egypt has been making impressive progress in straightening up its balance sheet in recent months. Steep cuts in energy subsidies coupled with a drop in world oil prices have given read the rest…

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Opportunities, challenges for investment in Egypt’s renewable energy sector

  /  November 26, 2014  /  Business  /  1 Comment

‘Invest in Egypt 2014’ conference kicks off in Abu Dhabi, amid speculation on the country’s potential for green energy

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Clear economic vision is big challenge for Egypt in 2015: EFG-Hermes Head of Research

  /  November 26, 2014  /  interviews  /  1 Comment

Egyptian market is, however, the most attractive in the Arab world due to potentially high returns on investments

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General picture of the Egyptian economy mixed during IMF visit

  /  November 25, 2014  /  Business  /  No Comments

Lagarde added that the conflicts in the Middle East and North Africa will have serious economic implications not just for the region, but the entire world.

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Emirati, Saudi parties largest investers in Egypt: Investment minister

  /  November 25, 2014  /  interviews  /  No Comments

Government will resolve the majority of disputes with investors before economic summit in March, says Ashraf Salman

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Egypt, China set to launch strategic partnership

  /  November 22, 2014  /  Egypt, Politics  /  No Comments

President Al-Sisi scheduled for China visit in December

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$500m repaid to Qatar: CBE governor

  /  October 11, 2014  /  Business  /  No Comments

Egypt will refund $2.5bn at beginning of November says Hisham Ramez

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Cars prices in Egypt grow amid consumer frustration

  /  September 24, 2014  /  Business  /  No Comments

Car experts blame high US dollar exchange rates and popular demand for fuel saving cars for increase

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Informal sector volume records around EGP 1.5tn: ECES

  /  September 23, 2014  /  Business  /  No Comments

Government lost EGP 300bn in potential taxes, according to study

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National Bank of Egypt hopes to open 200 new branches within 3 years

  /  September 19, 2014  /  Business  /  No Comments

EGP 150m total savings for bank clients with platinum certificates

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