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May 29, 2022
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Egypt in Austria | Egyptians in Vienna | Bilateral Relations

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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Austria Contributes EUR 3 Mln to New EU-Aid Programme for Africa

On the occasion of the establishment of the EU-trust-fund, which aims at combating the reasons for migration and flight in Africa, against the backdrop of the EU-summit in La Valletta, Minister for Foreign Affairs, Sebastian Kurz underlined the necessity that Europe provides suitable answers to the challenges posed by the current refugee crisis. Austria will support the fund with EUR 3m from the Austrian Development Agency’s (ADA) budget.

November 19, 2015
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Iranian Foreign Minister to Participate in Syria Conference in Vienna

Iranian Foreign Minister Mohammad Javad Zarif will attend the conference on Syria in Vienna on Friday. This has been confirmed today by the Foreign Ministry in Tehran, according to the official news agency ISNA. Iran will meet in Vienna not only to Russia and the USA, but also to its nemesis Saudi Arabia.

October 28, 2015
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How Can Exporters Benefit from the "Go-International Initiative" of the Austrian Chamber of Commerce?

Even in a challenging global economic environment, exports remain the driving force behind the Austrian economy. The go-international initiative of the Austrian Chamber of Commerce encourages companies to step across the border by offering advisory services, events and support, as well as making it easier for existing exporters to enter additional foreign markets.

October 19, 2015

Quality of Living Rankings: Vienna Tops the List Again

Vienna remaines at the top of the 2015 Quality of Living Rankings, boasting the best quality of living for expatriates. In the top 5 there are two other European cities, Zurich (place 2) and Munich (place 4). Also Auckland (3rd) and Vancouver (5th) are among the top five cities.

March 4, 2015
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Global Peace Index: Austria is Third Most Peaceful Country

The latest Global Peace Index analyses the state of peace around the world. It identifies the most and least peaceful countries, trends in violence and conflict, and calculates the economic impact of violence. The top three most peaceful countries are Iceland, Denmark and Austria. Small and stable democracies make up the top ten most peaceful countries. New Zealand, Canada and Japan are the only non-European countries in the top ten.

March 4, 2015

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
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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
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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
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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
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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
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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
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