Business
Gulf pledges of financial help late, shrouded in secrecy
April 4, 2012
Gulf pledges of financial help late, shrouded in secrecy
Over a year ago, Gulf leaders pledged loan, grant and investment packages to rescue Egypt from financial disaster during its…
Industry minister meets with EU ambassador over economic ties
April 4, 2012
Industry minister meets with EU ambassador over economic ties
The ndustry and foreign trade minister on Wednesday highlighted the necessity of turning European Union-proposed initiatives into projects that positively…
World Bank to allocate US$250 million for Cairo transport
April 3, 2012
World Bank to allocate US$250 million for Cairo transport
The World Bank agreed to loan Egypt US$250 million to be allocated to improving public transportation and traffic in Cairo…
Draft law regulating domestic trade presented to cabinet
April 3, 2012
Draft law regulating domestic trade presented to cabinet
Sources with the Social Solidarity and Domestic Trade Ministry said that the ministry has submitted a draft law for regulating…
Egypt to negotiate interest on ‘yellow remittances’ with Iraq
April 3, 2012
Egypt to negotiate interest on ‘yellow remittances’ with Iraq
Minister of Manpower and Immigration Fathy Fekry said on Tuesday that Egypt intends to request interest on the remittances of the Egyptians…
Family members of 2 Mubarak-era ministers resign from Credit Agricole
April 3, 2012
Family members of 2 Mubarak-era ministers resign from Credit Agricole
Family members of two Mubarak-era ministers have left their posts on the board of Credit Agricole Egypt bank, state-run news…
Egyptian natural gas exports rise by 26%
April 3, 2012
Egyptian natural gas exports rise by 26%
Egyptian exports of natural gas and its derivatives rose by 26.1 percent in January, the cabinet’s Information and Decision Support…
Petroleum Ministry plan to import oil products costs US$1.1bn a month
April 2, 2012
Petroleum Ministry plan to import oil products costs US$1.1bn a month
The General Petroleum Authority has submitted a plan to Finance Ministry for May and June including the allocations needed for…
Foreign reserves fall to US$15 billion
April 2, 2012
Foreign reserves fall to US$15 billion
Egypt's net foreign reserves fell to US$15.12 billion at the end of March from $15.72 billion a month earlier, the…
Egyptian delegation flies to Israel to discuss Qualifying Industrial Zones
April 1, 2012
Egyptian delegation flies to Israel to discuss Qualifying Industrial Zones
An Egyptian trade delegation left for Israel Sunday to discuss solutions to problems facing the two countries' Qualifying Industrial Zones…