Bloomberg
Egypt in advanced talks with Qatar for multi-billion dollar North Coast investment
Business
June 20, 2025
Egypt in advanced talks with Qatar for multi-billion dollar North Coast investment
Qatar is reportedly engaged in advanced discussions to invest $3.5 billion in a major tourism project along Egypt’s Mediterranean coast,…
EgyptAir will continue operating flights with Saudi Arabia
Egypt
December 28, 2020
EgyptAir will continue operating flights with Saudi Arabia
EgyptAir announced that it would continue operating some flights from the Kingdom of Saudi Arabia to Cairo starting from Tuesday,…
Egypt Sees More Pound Volatility After Repatriation Fund Ends
Economy
January 23, 2019
Egypt Sees More Pound Volatility After Repatriation Fund Ends
Written by Mirette Magdy Egypt’s stagnant exchange rate is likely to see more movement after a system that…
September 11 widow sues Saudi Arabia under new US terrorism law
World
October 1, 2016
September 11 widow sues Saudi Arabia under new US terrorism law
A woman widowed when her husband was killed at the Pentagon on September 11, 2001 has sued the Kingdom of…
Wael Ghonim in the running for Nobel Peace Prize
Egypt
September 27, 2011
Wael Ghonim in the running for Nobel Peace Prize
The Arab Spring, which has displaced regimes in the Middle East and North Africa, will dominate this year’s Nobel Peace…
Arabs may buy Egypt debt to cut highest yield since 2008
Business
September 24, 2011
Arabs may buy Egypt debt to cut highest yield since 2008
Arab governments or their investment arms may soon buy Egyptian treasury bills to help the government reduce the highest borrowing…
Egypt to boost wheat imports to avert political unrest
Business
September 20, 2011
Egypt to boost wheat imports to avert political unrest
Egypt, the world’s biggest wheat buyer, plans to boost imports this year to build domestic stockpiles and prevent future political…
Post-revolt Egypt unlikely to yield big investment openings
Business
September 17, 2011
Post-revolt Egypt unlikely to yield big investment openings
The political unrest in North Africa and the Middle East is unlikely to produce significant investment opportunities for multinational corporations…
Egypt to request Ghali, Rachid handover from Qatar, paper reports
Egypt
September 9, 2011
Egypt to request Ghali, Rachid handover from Qatar, paper reports
Egyptian authorities will request Qatar hands over the North African country’s former trade and finance ministers, Al Ahram reported, citing…
Egypt’s local borrowing may backfire on economy
Business
September 7, 2011
Egypt’s local borrowing may backfire on economy
Egypt’s increased reliance on local lenders to finance its budget shortfall may stifle any economic recovery by reducing the incentive…
Syria kills 15 anti-Assad protesters before visit by Arab League officials
World
September 6, 2011
Syria kills 15 anti-Assad protesters before visit by Arab League officials
DAMASCUS - Syrian security forces killed at least 15 protesters before a planned visit to Damascus by the head of…
Iraq signs agreement with Egypt’s Al Qalaa for Mosul refinery
Business
August 26, 2011
Iraq signs agreement with Egypt’s Al Qalaa for Mosul refinery
Iraq’s Oil Ministry said it signed a preliminary agreement with Egyptian company Al Qalaa to build a 150,000-barrel-a-day refinery in…
Egypt’s stocks drop after anti-military protest
Business
July 25, 2011
Egypt’s stocks drop after anti-military protest
Egyptian stocks fell to the lowest in more than a week after clashes that erupted in central Cairo between supporters…
Egypt keeps interest rates unchanged at 8.25%
Business
July 21, 2011
Egypt keeps interest rates unchanged at 8.25%
Egypt’s central bank kept its benchmark interest rate at the lowest level in more than four years with the aim…
European Investment Bank to give Egypt US$2.1 billion
Business
July 15, 2011
European Investment Bank to give Egypt US$2.1 billion
The European Investment Bank will give 1.5 billion euros (US$2.1 billion) to Egypt between 2011 and 2013 for projects including…
Egypt’s shares rise most since May as military cedes to protesters’ demands
Business
July 13, 2011
Egypt’s shares rise most since May as military cedes to protesters’ demands
Egyptian shares rallied the most in seven weeks after the government moved to appease demonstrators in several cities and former…
Egypt’s debt burden spurs Muslim Brotherhood call for austerity
Business
July 5, 2011
Egypt’s debt burden spurs Muslim Brotherhood call for austerity
Egypt’s Muslim Brotherhood is campaigning for September’s parliamentary elections on a platform to trim the country’s budget deficit. The group,…
Egypt’s military approves budget
Business
June 27, 2011
Egypt’s military approves budget
Egypt’s ruling military council approved the budget for the fiscal year that starts on July 1, state media reported on…
Egypt may open border with Gaza Strip as Israel expresses concern on Hamas
Egypt
April 30, 2011
Egypt may open border with Gaza Strip as Israel expresses concern on Hamas
Egypt plans to open its border crossing with the Gaza Strip, possibly within the next two weeks, the Foreign Ministry…
Egyptian stocks advance after 22% plunge
Business
April 3, 2011
Egyptian stocks advance after 22% plunge
Egypt stocks climbed to the highest level since January, led by Six of October Development & Investment (OCDI) Co., on…