Top Egypt News

UAE Tops Prosperity Index In The Arab World

The UAE has been rated the best country in the Arab World in promoting prosperity and general satisfaction with life in a global survey of 104 states. Emirates Business 24/7 - 16Oct 06:16GMT
GSK becomes big in Egypt

GlaxoSmithKline will pay $210m (Â£120m) to acquire the "mature" off-patent drugs business of Bristol-Myers Squibb in Egypt, in a move to strengthen its position in the developing world. Financial Times - 16Oct 04:58GMT
Dana Gas Announces Gas Discovery In Egypt

Dana Gas, the Middle East's first and largest regional private-sector natural gas company, has announced a gas and condensate discovery in its Egyptian concessions, marking the third discovery in the company's $170 million drilling campaign for 2008. Press Release - 15Oct 09:18GMT
Egypt stocks shoot up for second day

Egypt's CASE-30 stock index closed up 6.5 percent at 6,138 points on Tuesday, surging for a second straight day amid a spectacular global market rally. AFP - 14Oct 13:01GMT
Beringer Group opens doors to the Middle East

Beringer Group, an integrated communications services and consulting firm formally opens its doors to the Middle East this month, launching with it a new focus on quality and return on investment in the growing communications markets of the region. Press Release - 13Oct 07:13GMT
Sorouh Real Estate grows in Morocco, Egypt

Sorouh Real Estate yesterday announced significant progress in its developments in Egypt and Morocco. Emirates Business 24/7 - 13Oct 06:52GMT
Arab Stocks Plummet On Global Concerns

Stock markets across the Middle East traded sharply down Sunday amid fresh concerns about the global financial crisis, as the United Arab Emirates said it would guarantee deposits in local banks in a bid to halt the slide. AFP - 12Oct 11:46GMT
Egypt Key Stock Index Falls Over 9%

Egypt's key CASE-30 stock index fell 9.01 percent to 5,157 points in early trade on Sunday amid fresh concerns about the global financial crisis. AFP - 12Oct 08:51GMT
Deutsche Bank Expands Equities Platform In Mideast

Deutsche Bank announced that it has broadened its equities platform in the Middle East and North Africa to include trading, sales trading and equity capital markets, and has strengthened its offering with two senior appointments. Press Release - 12Oct 08:49GMT
France Hopes Egypt Will Join G14

France invited Egypt to join the countries that would comprise the G14, a proposed extension of the G8, French Foreign Minister Bernard Kouchner told reporters in Cairo on Saturday. AFP - 11Oct 12:54GMT

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Egyptian Banks Safe From Crisis

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Egypt's Minister of Trade and Industry says there's strong liquidity in Egyptian banks - 11Oct

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Community Buzz

Stories in Egypt

Most read stories by Community in the last 24 hrs

1	Dana Gas Announces Gas Discovery In Egypt
2	Prince Alwaleed & His Spouse Princess Ameera Received by First Lady Suzanne Mubarak & Jamal Mubarak at Future Generation Foundation's 10th Anniversary Dinner Attended by Queen Rania&Tony Blair
3	Deutsche Bank Expands Equities Platform In Mideast
4	Sorouh Real Estate grows in Morocco, Egypt
5	Dubai Leads Gulf Gainers, Follows World Mkts
6	UAE Tops Prosperity Index In The Arab World
7	Egypt stocks shoot up for second day
8	Ahli United Bank (Egypt) A Lead sponsor of the Euromoney Egypt Conference 2008
9	Beringer Group opens doors to the Middle East
10	September and October: 'one of the worst periods in the history of many GCC markets'

Companies in Egypt

Most viewed companies by Community in the last 24 hrs

Company Name	Country	Industry
Egyptian General Petroleum Corporation	Egypt	Oil
El Sewedy Cables	Egypt	Basic Materials and Industrial Products
Orascom Construction Industries	Egypt	Construction and Design
Commercial International Bank (Egypt)	Egypt	Banking
GB Auto	Egypt	Transportation Products
Crédit Agricole Egypt	Egypt	Banking
Misr Insurance Company	Egypt	Insurance
Suez Canal Bank	Egypt	Banking
CI Capital Holding	Egypt	Investment Firms and Funds
Nissan Motor Egypt	Egypt	Transportation Products

Projects

Most viewed projects by Community in the last 24 hrs

Project Name	Country	Sector
Dubai RTA - Dubai Metro - Purple Line	UAE	Infrastructure
Qatar Foundation - Sidra Hospital	Qatar	Real Estate
IPIC - Abu Dhabi Crude Oil Pipeline (ADCOP)	UAE	Oil and Gas
Nakheel - Dubai Waterfront	UAE	Real Estate
KNPC - Al Zour Refinery	Kuwait	Oil and Gas
Nakheel - Dubai Waterfront - Veneto	UAE	Real Estate
Emirates Aluminium (EMAL) - Smelter Complex	UAE	Industry
ADCO - SAS Field Development	UAE	Oil and Gas
Khalifa Port and Industrial Zone (KPIZ)	UAE	Infrastructure
Takreer - Ruwais Refinery Expansion	UAE	Oil and Gas

Blogs

Â I went to the dentist a few days ago for the first time in several years.Â Part of the reason I put off going for so long was that I didnâ€™t really want to hear the bad news.Â I thought, if Iâ€™m not experiencing any tooth ache, there canâ€™t be anything wrong. It turned out I had 10 cavities that need filling and a possible root canal. Although to look...

This Arab Life

blog by Alexandra Tohme | 15Oct08

Most read blogs by Community in the last 24 hrs

1	A SWOT Analysis On Real Estate
2	Do GCC Countries Finance US Current Account Deficit?
3	The Myth of Islamic Finance
4	Lessons Learned from the Current Crisis
5	A rich man learns Dubai is not the place to commit a crime

Real Estate
MENA Realty Upbeat
The demand-supply dynamic remains positive across the Middle East and North Africa (Mena) real estate sector against the backdrop of the global credit crisis with regional investor sentiment leaning towards a more cautious approach.

Binding Ties
Egypt and Libya are looking to enhance their economic ties and taking advantage of their geographical proximity, with the announcement of two major cross-border investment projects in the energy sector.

Economy & Politics
Debunking Myths
An employee, who has completed one or more years of continuous employment, is entitled to a gratuity based on 21 days' pay for each of the first five years and 30 days' pay for each subsequent year, with the total gratuity capped at the equivalent of two years' pay.

Company Ranking

Ranked by Market Cap | No. of Employees | Total revenue

	Company	Country	Market Capital ($mil)
1	Orascom Construction Industries	Egypt	10,137
2	Orascom Telecom Holding	Egypt	7,366
3	Telecom Egypt	Egypt	4,142
4	Al Ezz Dekheila Steel Company - Alexandria	Egypt	2,658
5	EFG-Hermes Holding	Egypt	2,127
» View Full List

Related Information

EIU Forecast For Egypt

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