Gap to open its first stores in Africa
CAIRO: Clothing retailer Gap Inc will enter Africa this year, as part…
Arabtec Egypt wins contract for Emaar project: paper
CAIRO: Arabtec Egypt for Construction has won a LE 220 million ($36.9…
Olympic Group denies Ideal deal was undervalued
CAIRO: Olympic Group denied on Wednesday allegations that its 1997 purchase of…
Egypt, US companies partner on $3.5 bln petrochemical project
WASHINGTON DC: Amid heightened optimism about Egypt’s economic prospects at the “Egypt:…
Ethiopia to make ‘power hub’ with 4 new Nile dams
ADDIS ABABA: Ethiopia plans to become an African power hub by building…
Economic stability needed for democratization to succeed in Egypt: US official
By Brett Borkan CAIRO: The United States sees Egypt’s economic recovery as critical…
Egypt subsidies hinder World Bank’s social safety net programs
CAIRO: The World Bank’s Social Safety Net (SSN) programs, which are aimed…
Transfers ready but full-fledged mobile banking to take longer in Egypt
CAIRO: Egypt’s mobile phone subscriptions topped 74 million in April, an increase…
HSBC Egypt is here to ‘stay and grow,’ says CEO
HSBC Egypt is moving forward with expansion plans for next year, opening…
Egypt at lowest since mid-May after clashes
CAIRO: Egypt's benchmark index fell 2 percent, its biggest decline since May…