Mohamed Haroun
Multinational developers consider investing in Egyptian real estate
Business
October 21, 2010
Multinational developers consider investing in Egyptian real estate
The Egyptian real estate market has become the focus of interest on the part of several multinational companies, some of…
IDA offers contractual terms for new permits for steel production
Business
October 17, 2010
IDA offers contractual terms for new permits for steel production
Egypt's Industrial Development Authority (IDA) on Sunday offered the contractual terms for new production permits for construction steel and billets…
Govt finalizes Madinaty re-sale to TMG
Egypt
September 26, 2010
Govt finalizes Madinaty re-sale to TMG
A panel commissioned to oversee the re-sale of the Madinaty property to Talaat Moustafa Group (TMG) will not alter the…
President calls for legal committee to resolve Madinaty land case
Egypt
September 19, 2010
President calls for legal committee to resolve Madinaty land case
President Hosni Mubarak has called for the formation of a "neutral legal committee" mandated with resolving the case of the…
TMG eyes international arbitration in wake of Madinaty ruling
Egypt
September 19, 2010
TMG eyes international arbitration in wake of Madinaty ruling
Legal advisor for the Talaat Moustafa Group (TMG) Shawqi al-Sayyid has threatened to seek international legal arbitration in an attempt…
Consortium: Egypt capable of producing cement needed for nuke reactor
Business
September 1, 2010
Consortium: Egypt capable of producing cement needed for nuke reactor
A consortium of multinational companies comprised of KHD (Germany), ABB (Switzerland) and UZIN (Romania) have submitted a feasibility study to…
Local steel, cement plants to lose power at peak hours
Business
August 26, 2010
Local steel, cement plants to lose power at peak hours
The Ministry of Electricity and Energy has agreed with local steel and cement factories to temporarily cut their electricity during…
Cement plants will need to provide their own energy, say government sources
Business
August 26, 2010
Cement plants will need to provide their own energy, say government sources
Licenses issued for building new cement factories will require investors to independently secure energy needs, according to an announcement from…
Cement company requests permission to import gas
Business
August 16, 2010
Cement company requests permission to import gas
In an unprecedented move, the Egyptian Cement Company has officially demanded permission from the Ministry of Petroleum to import either…
No need to rely on multinationals for oil exploration, USGS advises Egypt
Business
August 15, 2010
No need to rely on multinationals for oil exploration, USGS advises Egypt
The US Geological Survey (USGS) has advised Egypt not to grant oil exploration concessions--or any share of its oil production--to…