Business
Presidency: Morsy seeking investments to create jobs
October 22, 2012
Presidency: Morsy seeking investments to create jobs
President Mohamed Morsy is seeking to attract foreign investments to bolster the economy and create job opportunities, presidential spokesperson Yasser…
Egypt studies joint stock trading with Turkey
October 22, 2012
Egypt studies joint stock trading with Turkey
The Egyptian Exchange is studying an alliance with the Istanbul Stock Exchange that would allow investors in the two countries…
Report: Experts draw up government economic reform plans
October 21, 2012
Report: Experts draw up government economic reform plans
Experts have drawn up proposals for tax and energy subsidy changes and will present them to Egypt's Cabinet on Sunday,…
Egyptian delegation to visit South Korea to discuss nuclear cooperation
October 21, 2012
Egyptian delegation to visit South Korea to discuss nuclear cooperation
The Egyptian government has announced that it would send an economic delegation to South Korea in the near future to…
Officials tout big plans for development in the Suez Canal
October 19, 2012
Officials tout big plans for development in the Suez Canal
As Egypt struggles to emerge from a period of deep financial uncertainty, government officials are looking towards the country’s vital…
A new loaf: Will Egypt tighten bread subsidies?
October 17, 2012
A new loaf: Will Egypt tighten bread subsidies?
At the dead end of a winding side street in the central Cairo neighborhood of Sayeda Zeinab, Ashraf al-Husseini sat…
Agriculture Ministry imports meat for Eid
October 17, 2012
Agriculture Ministry imports meat for Eid
Egypt has imported 36,000 cattle and 30,000 camels from countries as diverse as Sudan, Brazil, Croatia and Australia in preparation…
In call center industry, obstacles and potential
October 16, 2012
In call center industry, obstacles and potential
The call center industry was one of the trademarks of Egypt's development strategy throughout the 2000s. Experts pointed to it…
France Telecom buys service contract from Egyptian partner
October 16, 2012
France Telecom buys service contract from Egyptian partner
France Telecom will pay Egyptian partner Orascom Telecom Media and Technology (OTMT) 110 million euros (US$142.30 million) for taking over…
Government pursues ways to increase tax revenue
October 15, 2012
Government pursues ways to increase tax revenue
The government will not raise taxes but will instead rely on foreign investment to remedy the country’s cash flow problem,…