Europe Tracks U.S. Lower On Debt Ceiling Concerns
European stock markets opened broadly lower on Wednesday, tracking prior-day losses in the U.S., where discussions…
OCI N.V. Launches Tender Offer for OCI Local Shares, GDR Offer Soon
OCI N.V. announced today the launch of the first period during which all eligible shareholders of Orascom…
Court Delays Appeal against TMG’S Madinaty Deal Till January 28
The Supreme Administrative Court adjourned today the hearing of an appeal lodged by Hamdy El Fakharany against the…
Egypt Shuts Headquarters Of Muslim Brotherhood Newspaper
Egyptian authorities have shut down the headquarters of the Muslim Brotherhood's Freedom and Justice newspaper in…
Iranians Decline Obama-Rouhani Encounter
US officials offered to hold informal talks between President Barack Obama and Iranian President Hassan Rouhani on…
Economic Group Reviews Providing Basic Commodities
The economic group, under Prime Minister Hazem el-Beblawi, reviewed a report of the supply minister on the measures…
TE Data Increases ‘Tal2a’ ADSL from 2 to 8 MB in Egypt
TE-Data, the internet arm of Telecom Egypt (TE) has revealed a new high-speed internet (ADSL) in the Egyptian…
Suez Canal Revenues Fall by 3.4% in 2012/2013
The Central Bank of Egypt (CBE) said revenues from Suez Canal transit fell by 3.4%, or $200 million during…
Weak Tourism, Remittances Hurt Egypt’s Current Account In Second Quarter
Egypt's non-oil imports fell sharply in the second quarter, but tourism receipts and worker remittances together…
Fifth Of UK Voters Trust Mps: Study
Only a fifth of the British public trust MPs to "tell the truth" as an impact of the expenses scandal in…