Egypt’s Economic Growth to Accelerate 4.5% this Year – Moody’s
Global ratings agency Moody’s said the pace of Egypt’s economic growth is forecasted to accelerate to between 4%…
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EBRD Grants US$800mn to Egypt’s SMEs in 3 Years
The total finance provided by European Bank for Reconstruction and Development (EBRD) in order to support Small and…
Deutsche Telekom Projects Rising Payout Amid Earnings Growth
Deutsche Telekom AG, Europe’s biggest phone company, pledged to return more cash to shareholders over the next four…
Egypt’s Right of Self-Defence
In the wake of Egyptian air strikes against Islamic State (IS) targets in Libya this month, Rear Admiral John…
Four Years after Egypt Uprising, Patronage Politics Dominate Again
How much is a vote worth? In Egypt's Sadat City - a sprawling, industrial center filled with the young and…
Dozens of suspected militants killed in Egypt’s North Sinai
Egypt's military killed dozens of suspected Islamist militants in an operation in Sinai, security sources said on…
Egypt’s Abdel Nour Visits Spain Today to Enhance Economic Ties
Egyptian Industry Minister Mounir Fakhry Abdel Nour has visited Spain today in order to develop the economic…
EFSA: EGP1.6 billion Surplus in Egypt’s Insurance Sector in 2014
Egyptian Financial Supervisory Authority (EFSA) revealed that the total insurance premiums value reached EGP14…
Samsung Electronics, China Trade Deal Give Boost to South Korea’s yuan Hub Ambitions
Tech giant Samsung Electronics gave a big boost on Wednesday to Seoul's ambitions to become a global hub for the…
Apple Ordered to Pay $533 Million For Patent Infringement
Apple Inc has been ordered to pay $532.9 million after a federal jury in Texas found that its iTunes software…
Banque Du Caire’s Assets Hike EGP73 billion in 2014
Banque Du Caire's assets increased to EGP73 billion at the end of 2014 alongside the granted finance surged to…
Wadi Holding Eyes EGP285.8mn Investments in Egypt this Year
Wadi Holdings (Wadi Group) - a family-owned Lebanese agribusiness company based in Egypt is planning to pump new…
El Araby Group to Inaugurate 3 E-Stores in Egypt with EGP80mn
Egypt's El-Araby Group is seeking to inaugurate three interactive stores for electronic products in each of City…
The Performance of Many Hedge Funds Just Comes Down to Owning Apple
In an equity environment where hedge funds are struggling to break even, Apple Inc. has played the role of…
Amnesty Condemns Egypt over Libya Airstrikes
On Monday, rights group Amnesty International criticised Egypt over recent airstrikes on Libya, saying its air…
Aqarmap.com Hit EGP5.5bn Sales in 2014
Aqarmap.com, the leading Real Estate portal in the Middle East registered EGP5.5 billion sales for 10200 housing…
450 Egyptian Construction Firms operating in Saudi Arabia – EFCBC
Chairman of the Egyptian Federation for Construction and Building Contractors (EFCBC) Eng. Hassan Abdel Aziz said…
GAIF’s Egypt Representative steps down over new Candidacy Terms
Egypt’s representative and head of the General Arab Insurance Federation (GAIF) Alaa El-Zohairy has stepped down on…
Egypt to Welcome Inaugural Doubletree by Hilton Property
Hilton Worldwide signed contract with Asala for Investment and Touristic Development Company in order to inaugurate…
EU to ink €120 million Pacts at Egypt Economic Summit
The European Union (EU) is planning to sign new grant agreements for gas, education and rural development sectors…
Sisi to Address Nation on Sunday
Egypt’s President Abdel-Fattah El-Sisi will give a speech on Sunday at 7pm local time (5pm GMT), a source close to…
Pennsylvania College Aims to End Insurance Coverage of Abortions in Rape Cases
University of Scranton employee insurance plans will no longer cover abortions in cases of rape, incest or…
Saudi Insurance Market Poised to Grow By 23% in 2015
Saudi insurance market is poised to grow more than 23 percent in the current year on the back of new government…
Centre Resolute to Pass Insurance Bill; Notifies 49% FDI in Sector
The government on Friday notified rules to implement the decision to increase foreign direct investment limit in…
Egypt’s ICT Rolls out Tender to Provide IT Institution Services
Egyptian Information and Communication Technology Ministry has rolled out new tender for providing security and…
Sisi Meets Eni’s Petroleum CEO in Cairo Today
Egypt’s president, Abd Al-Fatah Al-Sisi will be meeting Claudio De Scalzi, CEO of Eni SPA for Petroleum, at…
Apple Wants to Start Producing Cars as Soon as 2020
Apple Inc., which has been working secretly on a car, is pushing its team to begin production of an electric…
Egypt’s Economy Struggling to Revive its Fortunes
When Abdel Fattah al-Sisi, Egypt’s former army chief, became president in June, he pledged to sort out Egypt’s…
Carbon Holding Receive $4.5bln Loans from Global Lenders in Q4-2014
Egypt's Carbon Holding is aiming to get loans worth US$4.5 billion from banks and financial institutions within the…
Egypt’s SFD, IDWB Ink EGP50mn Finance Deal Tomorrow
Egypt's Social Fund for Development (SFD) will sign tomorrow a funding contract worth EGP50 million with the…
Egypt’s Juhayna posts 48 % Net Profit Fall as Costs Rise
Juhayna Food Industries (JUFO), one of Egypt's largest dairy product and juice makers, posted a 48 percent fall in…
HSBC, NBAD Grant Etisalat Egypt US$120mn Loan
Etisalat Egypt signed US$120 million agreement with HSBC and National Bank of Abu Dhabi (NBAD). The company will…
Egypt’s Raya, German Firm Cooperate to Invest in Solar Energy
Raya Holding Company for Technology and Telecommunication SAE (RAYA.CA) said it has entered partnership with German…
Egypt’s La Mirada Project Hit EGP300mn Sales in 2014
Egypt's La Mirada Real Estate Investment attained EGP300 million sales the proceeds of selling around 300 housing…
Gunmen Kill Policeman in Egypt’s Nile Delta
Egypt's state news agency says gunmen opened fire on a traffic police patrol in the Nile Delta town of Benha,…
Amnesty Concerned over French Arms Sales to Egypt
Amnesty International has voiced concern over France’s agreement to sell fighter planes and a frigate to…
ISIS Claims Kidnapping of Egyptians in Libya
The self-proclaimed ‘Islamic State’ (ISIS) has allegedly published photographs of 21 abducted Coptic Christian…
Egypt’s SFD Gets EGP11bn Loans and Grants in 2014
The total value of loans and grants obtained by Egypt's Social Fund for Development (SFD) reached EGP11 billion…
Egyptian-Lebanese Business Forum kicks off Today
Egyptian Minister of Industry and Trade Mounir Fakhry Abdel will be opening today Egyptian-Lebanese Business Forum…
Apple Bans ‘Bonded Servitude’ at Supplier Factories Worldwide
Apple Inc. is requiring factories to pay recruitment fees for employees instead of saddling new hires with the…