Business
Committee begins work of reclaiming illegally acquired land from companies
May 23, 2011
Committee begins work of reclaiming illegally acquired land from companies
The newly-formed Investment Disputes Settlement Committee (IDSC), chaired by Prime Minister Essam Sharaf, is studying ways of retrieving land acquired…
Finance Ministry mulls joining special govt funds to state budget
May 23, 2011
Finance Ministry mulls joining special govt funds to state budget
Egypt’s Ministry of Finance is considering integrating special government funds into the state budget to secure extra financial resources and…
Conferences, weddings save hotels from closing
May 23, 2011
Conferences, weddings save hotels from closing
An Egyptian tourism committee said on Sunday that Egypt's hotels are depending on non-tourist activities such as conferences and wedding…
Orascom: Little progress yet on Djezzy row
May 22, 2011
Orascom: Little progress yet on Djezzy row
Orascom Telecom has made scant progress resolving its row with Algeria but a solution may be more likely now, its…
Officials bank on graft-free image to attact foreign investors
May 22, 2011
Officials bank on graft-free image to attact foreign investors
A decline in corruption since the 25 January revolution is likely to lead to an increase in foreign investment in…
Govt report: Tourist flow down 45.7% January through March
May 22, 2011
Govt report: Tourist flow down 45.7% January through March
The number of tourists arriving in Egypt fell by 45.7 percent to nearly 1.9 million between January and March of…
Egypt considers importing butane from Iran, Algeria
May 22, 2011
Egypt considers importing butane from Iran, Algeria
To offset the mounting shortage of butane gas, Egypt's General Petroleum Corporation is mulling whether to import the natural resource…
Investment Authority: Pardons restore confidence in Egypt’s economy
May 21, 2011
Investment Authority: Pardons restore confidence in Egypt’s economy
The draft law to grant businessmen criminal pardons would restore confidence in the Egyptian economy and promote foreign investments, said…
Finance ministry policies against people’s will, says rights group
May 20, 2011
Finance ministry policies against people’s will, says rights group
Budgetary and Human Rights Observatory (BAHRO) criticized the media campaign which says that Egypt's economy is at stake and that…