Upcoming Changes to the Visa Application Process
Changes are coming to the visa application process at the U.S. Embassy. Once implemented, these changes will…
Egypt’s Foreign Reserves Likely to Hike to $20 bln in September – PM
Egypt’s foreign cash reserves are likely to rise within this month to around US$20 billion despite the ongoing…
86 Red Sea Hotels Shut Down Due To Tourism Recession
Five hotels were shut down in Hurghada, and four others in Marsa Alam and Safaga on Tuesday, bringing the total…
Is A Violent Insurgency Taking Root In Egypt?
In a cramped Cairo hospital waiting room on Sep. 5, an army lieutenant colonel held a battered copy of a list of…
Capital Intelligence Lowers Bank of Alexandria’s FCR to B-
Capital Intelligence (CI), the international credit rating agency, had lowered Bank of Alexandria (BoA)'s Long-Term…
Egypt to Endorse ETFs in Q4; Says Regulator Chief
Egypt’s market regulator said on Wednesday it seeks to approve Exchange Traded Funds (ETFs) for the first…
Tourist Visits To Egypt Fell 25% In July
The number of tourists visiting Egypt in July 2013 reached 765,000, a drop of 25 percent below the same month last…
CBE Offers Egypt Banks $40 mln at FX Auction
The Central Bank of Egypt (CBE) has offered today its final foreign exchange auction for this week totaled US$ 40…
Egypt’s Ready-Made Garments Council: 30 SMEs Due to USA Next Oct
Egyptian Ready-Made Garments Council is planning to pay an official visit to the USA by the end of next October,…
EGX 30 Maintains 3-day Rally, Nears 5495 pts at Open
Egypt's stocks opened higher on Thursday posting gains of EGP 2.5 billion backed by local buyers. The…