Business
European bank loans Egypt 126 million euros to boost railway system
May 22, 2014
European bank loans Egypt 126 million euros to boost railway system
The London-based European Bank for Reconstruction and Development is investing in modernizing Egypt's railway system through a 126 million euro…
Officials: Goverment to resume talks with IMF
May 20, 2014
Officials: Goverment to resume talks with IMF
Informed governmental sources disclosed intentions to resume suspended talks with the International Monetary Fund (IMF) without giving details over date…
Mehleb witnesses signing of two petrol, natural gas excavation agreements
May 19, 2014
Mehleb witnesses signing of two petrol, natural gas excavation agreements
Prime Minister witnessed on Monday protocols of signing two new agreements in field of excavating petrol and natural gas in…
Trade Ministry: New subsidy program will increase exports
May 19, 2014
Trade Ministry: New subsidy program will increase exports
Trade Minister Adviser Abla Abdel Lateef has said that the new program subsidizing exports will double the current rates of…
Egyptian economic delegation heads to England to promote for investment
May 19, 2014
Egyptian economic delegation heads to England to promote for investment
A high-level Egyptian economic delegation has begun its visit to England to promote investment in Egypt as well as chances…
Apple, Google settle smartphone patent litigation
May 17, 2014
Apple, Google settle smartphone patent litigation
Apple Inc and Google Inc's Motorola Mobility unit have agreed to settle all patent litigation between them over smartphones, ending…
The Egyptian pound records biggest drop against the dollar in 16 months
May 15, 2014
The Egyptian pound records biggest drop against the dollar in 16 months
The Egyptian pound recorded the biggest drop in the exchange rate against the dollar in 16 months after an exceptional…
Official: Egypt to cut energy subsidies to spur growth
May 14, 2014
Official: Egypt to cut energy subsidies to spur growth
Egypt will speed up structural economic reforms this year, led by cuts in energy subsidies, regardless of whether it strikes…
Tourism rates decline by 32.4% in March
May 13, 2014
Tourism rates decline by 32.4% in March
The Central Agency for Public Mobilization and Statistics reported that tourist numbers declined by 32.4 percent to reach 755,000 tourists…