Gunmen shot dead six army officers near Cairo on Saturday, the second attack on Egyptian security forces in three days that the military has blamed on the outlawed Muslim Brotherhood of deposed President Mohamed Mursi.
Egypt has b
Egypt's financial market regulator, seeking to attract capital back to the stock market, has released rules to facilitate the creation of index and real estate funds as well as amendments to margin trading rules.
Arab countries will extend aid to Egypt in the form of petroleum products until at least September, Finance Minister Hany Kadry Dimian said on Thursday, a move that will help avert an energy crunch expected in the summer when consumption soars.
A $40 billion deal for Dubai firm Arabtec to build one million homes in Egypt may mark the start of politically-inspired Gulf investment in the country's creaking infrastructure, from housing to transport, power generation and agriculture.
Egypt, which has been cutting back on natural gas supplies to cement factories, said on Monday it would permit cement companies to use coal for energy.
The government hopes to forestall an energy crisis this summer and the likelih
Egypt's annual urban inflation rate slowed to 9.8 percent in February from 11.4 percent in January, the official statistics agency Capmas said on Monday.
Annual inflation reached its highest rate in nearly four years in Novemb
Dubai's leading engineering and construction group Arabtec Holding has signed an historic agreement with Egypt’s Defence Ministry to develop and construct one million housing units in a project worth 280 billion Egyptian pounds ($40.23
The outlook for the global travel industry looks brighter for 2014 as European economic recovery and rising consumer confidence are prompting holidaymakers and businesses to loosen their purse strings again.
Growth is still uneven
Qatar will not bow to demands from three Gulf states to alter its foreign policy, sources close to its government said, suggesting Doha is unlikely to abandon support for Egypt's Muslim Brotherhood and Syrian Islamists.