Investing in Egypt

Maridive of Egypt to Sign Oil Pipeline Accords in Russia, India

Bloomberg Jul 2

Maridive & Oil Services SAE, an Egyptian marine and oil support service company, said its units Valentine Maritime and Maridive Offshore Projects may sign contracts to build pipelines in Russia and India in four months.

Egypt Religious Authority Ratifies Moustafa’s Hanging

Bloomberg Jun 25

(Update4) Egypt’s top religious authority approved the death sentence of real estate billionaire Hisham Talaat Moustafa for his role in the murder of a Lebanese pop star, the court said today. Moustafa has the right to appeal.

Egypt adopts measures to ensure quality wheat imports

Commodity Online Jun 24

The Egypt government has taken a new set of measures in order to make sure quality wheat import. The measures include doubling the financial guarantees required for inspection companies and requiring new documentation from exporting countries said...

Letter from Egypt: Covered Up, and Harassed, in Cairo

New York Times Jun 23

Women's groups say public verbal insults, groping and even rape are on the rise in the Egyptian capital.

General aviation in brief

Flightglobal Jun 23

The government of Egypt has placed an order with AgustaWestland for three AW109 Power light twin helicopters. The helicopters will be...

Egyptian Women Try Karate, Lawsuits to Curb Sexual Harassment

Bloomberg Jun 22

At the Embaba Youth Center in Cairo, teenage girls in headscarves that signify Islamic modesty whack at each other with deft karate moves.

U.S. Advances in Confederations Cup

New York Times Jun 21

A 3-0 victory over Egypt combined with Italy’s 3-0 loss to Brazil puts the Americans in the semifinals.

Egypt Revels in Major Soccer Victory

New York Times Jun 20

At the Confederations Cup, few counted on Egypt being such a brilliant soccer chameleon, adapting to the style of its worldly opponents.

Centamin Egypt possible takeover target on mine start

Reuters Jun 19

Centamin Egypt Ltd is seen as a possible takeover target by one of the majors as the gold exploration company is set to move into production over the next month at its Sukari gold project in Egypt.

Egypt Central Bank Cuts Benchmark Interest Rate to 9%

Bloomberg Jun 18

(Update1) The Egyptian central bank cut its benchmark interest rate for the fourth time this year as growth slowed and the inflation rate fell to its lowest in 17 months, a senior central bank official said.

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Investing in Egypt

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