Business
Dispute over Toshka project land over, Saudi prince says
April 26, 2011
Dispute over Toshka project land over, Saudi prince says
Saudi Prince al-Walid bin Talal has announced that the dispute with Egypt on Toshka project land is resolved, after a…
Hotels in Egypt decrease accomodation prices during spring holidays
April 25, 2011
Hotels in Egypt decrease accomodation prices during spring holidays
Several hotels based in Egypt reduced accommodation prices during spring holidays, particularly in Red Sea resorts, to face the decline…
Spinning and weaving company demands dumping duties for imported yarn
April 25, 2011
Spinning and weaving company demands dumping duties for imported yarn
The Holding Company for Spinning and Weaving drafted a memo calling for the imposition of dumping duties on imports of…
USAID’s Egypt program to address economic development
April 24, 2011
USAID’s Egypt program to address economic development
The US Agency for International Development (USAID) has announced that its annual assitance program in Egypt, sheduled to be implemented…
Egyptian PM to meet Prince Al-Waleed bin Talal in Riyadh
April 24, 2011
Egyptian PM to meet Prince Al-Waleed bin Talal in Riyadh
Saudi Prince Al-Waleed bin Talal will meet with Egyptian Prime Minister Essam Sharaf to finalize bin Talal’s agreement with the…
Government to double food subsidies
April 22, 2011
Government to double food subsidies
An official source said the government plans to double subsidies of ration card commodities, amounting to LE26 billion this fiscal…
A new chance in Egypt for Islamic finance
April 21, 2011
A new chance in Egypt for Islamic finance
Covered head-to-toe in a black abaya embroidered with red and yellow flowers, Amal Abbas waits for her turn to place…
Jordan expects gas export agreement with Egypt by end of month
April 21, 2011
Jordan expects gas export agreement with Egypt by end of month
Jordanian Minister of Energy and Mineral Resources Khaled Toukan anticipates Jordan and Egypt will reach a new agreement on gas…
Tourism minister: Developers must be serious or lose their land
April 20, 2011
Tourism minister: Developers must be serious or lose their land
Minister of Tourism Mounir Fakhry Abdel Nour has warned investors in land intended for tourism-related purposes that their land will…
Poor outlook for Egyptian banks could affect foreign lending
April 20, 2011
Poor outlook for Egyptian banks could affect foreign lending
Egypt could face difficulties in obtaining foreign loans, warned banking experts, after Moody's revised its outlook on Egypt's banking system…