Austria and Egypt - Read the latest headlines about bilateral relations in the areas of economy, business, investment, diplomacy, culture and tourism
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Egypt in Austria | Egyptians in Vienna | Bilateral Relations

Austria is Celebrating 60 Years of United Nations Membership in 2015

Austria became a member of the United Nations in 1955 and is celebrating 60 years of UN membership in 2015. 70 years ago, the United Nations were founded in San Francisco.

February 5, 2015

Cost of Living Rankings: CEE Capitals Cheaper, Vienna is 32nd Most Expensive City

The Mercer's 2014 Cost of Living Rankings have been published and cover 211 cities across five continents. While Western European cities have all risen in the rankings mainly due to the strengthening of the Euro against the US dollar, most cities in Central and Eastern Europe (CEE), however have fallen in the ranking as a result of local currencies depreciating against the US dollar. Bratislava (#84), Prague (#92), Kiev (#98), Ljubljana (#116), Zagreb (#120), Budapest (#135), Warsaw (#142), Belgrade (#184).

July 25, 2014

"Increasing polarisation in Egypt puts the country's development at stake"

Austria´s Vice-Chancellor Michael Spindelegger is concerned about latest development in Egypt.

December 6, 2012

Pecik Finds New Partner

The Austrian investor and second-largest shareholder of Telekom Austria is said to cooperate with a Russian billionaire.

June 1, 2012

Pecik is Said to Enter AMAG

The Austrian investor, who holds a 20% stake in Telekom Austria, seems to be interested in the Austrian aluminum producer AMAG

February 23, 2012

Andritz Receives Major Order from Egypt

The Austrian technology group will supply the equipment for a hydropower plant on the River Nile. The order volume is € 107m.

December 22, 2011

Pecik Extends Stake in Telekom Austria

The Austrian investor Ronny Pecik is told to become the largest shareholder in Telekom Austria. Up to 29% are possible.

December 20, 2011

Pecik to Enlarge Activities in Telekom

The new core shareholder of Telekom Austria, Ronny Pecik, plans to acquire further shares. He will enter the supervisory board.

December 14, 2011

New Co-Investor for Pecik

Ronny Pecik, who is said to have acquired a substantial stake in Telekom Austria, now has a new partner. The Egyptian Sawiris faces liquidity problems.

October 24, 2011

Pecik Acquires Minor Stake in Telekom Austria

The Austrian investor now enters the Vienna-listed Telekom Austria Group. For the time being, Pecik holds a 5.4% stake.

October 17, 2011

Austrian Telekom: Social Democrats Warn of „Unfriendly Takeover“

For the executive director of the SPÖ, Günther Kräuter, “a new major shareholder from Egypt or Russia would be problematic.”

September 12, 2011

Agrana Opens Production Site in Egypt

The Austrian fruit, starch and sugar company has started production in its new plant which is seen as a basis for further expansion in the Middle East and North Africa.

June 7, 2011

Österreichische Kontrollbank: "There are no Failures to be Feared"

Despite the unpredictable political and economic consequences of the turmoil in the Arab, OeKB Member of the Board Rudolf Scholten consideres that there will be no failures.

March 12, 2011

WKÖ: Development Plan for North Africa

Given the dramatic situation in North Africa, Christoph Leitl, President of the Economic Chamber (WKÖ) pleads for a ‘European Marshall Plan'.

March 1, 2011