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Presidency: Morsy seeking investments to create jobs

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

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

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

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

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?

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

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

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

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

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,…
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