Egypt is keen on implementing program to utilize its geographical location to become a major energy hub for the region
Cairo aims to embark on an ambitious national plan to exploit its geographic location to become a regional energy hub,…

Egypt is optimist to reach 5% growth this year, despite repercussions of the global crisis that negatively affected the world in 2009
The Egyptian government is expecting growth rates to rise to 6% during the coming fiscal year, after rates…

Egypt expects 520 exploratory and development wells for oil and 36 for natural gas to be drilled in 2010
Egypt is planning to explore for oil and gas and to develop hydrocarbon fields in 2010 with about US$6 billion in…

Doing business in Egypt eases as the country increases its global competitiveness
Despite tough economic conditions, Egypt is continuing to strengthen its position not only as one of the world’s leading outsourcing destinations but also as a successful business location.…

Egypt attracted a total of 12.8 million visitors in 2008
Egypt’s tourism industry, which suffered a decline of 9.5% during the first half of 2009, is showing signs of recovery, according to Egyptian Tourism Minister Zoheir Garranah.
That 9.5% fall…

Egypt's economy growth has picked up from 4.1 percent in the previous three months
Egypt’s economic growth accelerated to 4.3 percent in the first quarter of 2009 as construction, telecommunications and transportation expanded, defying the global financial crisis.
Growth picked…

IMF report cited Egypt banks provision of liquidity and the lowering of interest rates, saying the reserve had "acted appropriately"
Egypt’s banks appear to be weathering the global financial storm far better than many of their regional and international counterparts,…

Muhyiddin and Rachid shaking hands after their meeting at Muhyiddin’s office in Kuala Lumpur
Malaysia and Egypt should encourage their business sectors to make use of the nations’ role as trade gateways to the Asian and Arab-African regions. International Trade…

INTEL Headquarters
Intel Corp, the world’s biggest chipmaker, signed a deal with an Egyptian company on Monday to build the first factory to produce motherboards in Africa, the Egyptian Information Ministry said.
The ministry said 85 percent of the production…

Malaysian tourism authorities are pulling out all the stops as they set out to woo more big-spending visitors, local media reported on Monday, as quoted by Xinhua news agency.
The target is to attract 21.5 million tourists this year, especially…