investment

Shares in Egyptian bank EFG Hermes climb on Qatari deal
Business

Shares in Egyptian bank EFG Hermes climb on Qatari deal

Shares in Egypt-based investment bank EFG Hermes rose on Monday following the announcement of an agreement with Qatar's QInvest to…
Egypt Q4 balance of payments deficit $5.7 billion
Business

Egypt Q4 balance of payments deficit $5.7 billion

Egypt's balance of payments slid into a deficit of $5.65 billion in the politically-fraught final quarter of 2011, turning around…
Italian FM discusses Syria, promises more investments in Egypt
Business

Italian FM discusses Syria, promises more investments in Egypt

Italian companies plan to increase their investments in Egypt, Foreign Minister Mohamed Kamel Amr said Tuesday.
Stock market suffers collective drop
Business

Stock market suffers collective drop

Egyptian stock market indexes on Tuesday dipped collectively amid sales by foreign institutions and investment funds. Stocks lost nearly LE5.4…
Will Egypt’s Muslim Brotherhood mend ties with Gulf States?
Opinion

Will Egypt’s Muslim Brotherhood mend ties with Gulf States?

As the Muslim Brotherhood ascends to power, a question remains on how the once “banned” group will handle the issue…
Expert: Egyptian economy is stagnant, not bad
Egypt

Expert: Egyptian economy is stagnant, not bad

The secretary general of the Arab Investors Union has voiced optimism about the Egyptian economy in spite of its severe…
Egypt stock exchange: Beltone chairman to sell stake
Business

Egypt stock exchange: Beltone chairman to sell stake

The chairman of Beltone Financial has agreed to sell his 20-percent stake in the Egyptian investment bank to Arabiyya Lel…
Rediscovering Egypt’s African connection
Opinion

Rediscovering Egypt’s African connection

With the shock of 2008 financial crisis continuing to reverberate and more recent sovereign debt crises threatening European countries, investors…
ElBaradei unveils own crisis plan for Egypt’s economy
Egypt

ElBaradei unveils own crisis plan for Egypt’s economy

Presidential candidate Mohamed ElBaradei has outlined a strategy for Egypt's government to follow to lift the country out of economic…
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