Business
Qatar waiting for ‘stability’ before launching Egypt investment projects
January 26, 2012
Qatar waiting for ‘stability’ before launching Egypt investment projects
Qatar has not invested the promised US$10 billion in Egypt due to the latter’s instability, said Qatari Foreign Minister Khaled…
Farmers in limbo after stalled promises of loan forgiveness
January 26, 2012
Farmers in limbo after stalled promises of loan forgiveness
In a speech made in the midst of December clashes between protesters and military and security forces, Prime Minister Kamal…
Obama set to speed aid to Egypt, official says
January 26, 2012
Obama set to speed aid to Egypt, official says
US President Barack Obama plans to accelerate the pace of American aid to Egypt, a top State Department official said…
Egypt faces hurdles in securing IMF aid
January 25, 2012
Egypt faces hurdles in securing IMF aid
Egypt faces a struggle to secure a US$3.2 billion International Monetary Fund aid package that economists say is crucial to…
More housing units to receive natural gas in 2012
January 24, 2012
More housing units to receive natural gas in 2012
Eighty-five thousand housing and commercial units in six Upper Egyptian governorates will be provided with natural gas in 2012, Egypt’s…
One year on, the labor revolution is stalling
January 22, 2012
One year on, the labor revolution is stalling
On 30 January, only five days into the revolution, the Egyptian Federation of Independent Trade Unions was born, the first…
Central Bank tightens money transfer rules
January 20, 2012
Central Bank tightens money transfer rules
Egypt's Central Bank has tightened its rules for importers who want to transmit funds, a move analysts say seems designed…
Initiative seeks to raise money from engineers to support Egyptian economy
January 19, 2012
Initiative seeks to raise money from engineers to support Egyptian economy
Engineers Syndicate members launched a new initiative to raise LE12 billion from engineers working in Gulf countries in order to…
US emergency plan seeks to encourage Egypt’s economic recovery
January 19, 2012
US emergency plan seeks to encourage Egypt’s economic recovery
The US has approved an emergency action plan for supporting Egypt’s economy over the next six months, Egypt’s Industry Minister Mahmoud…
IMF to resume talks with Egypt in February
January 19, 2012
IMF to resume talks with Egypt in February
The International Monetary Fund's meetings with Egyptian officials over a financial support program will continue into February, an IMF official…