Business
SK E&C JV wins US$3.5 billion project in Egypt
September 20, 2011
SK E&C JV wins US$3.5 billion project in Egypt
SEOUL - South Korea's SK Engineering & Construction said on Tuesday that a joint venture it operates with a U.S.…
Egypt’s Orascom Telecom up on Algerian unit report
September 19, 2011
Egypt’s Orascom Telecom up on Algerian unit report
Orascom Telecom climbed more than 7 pct after an Egyptian newspaper reported that a law firm charged with valuing the…
Egypt discusses finance package with Saudi, UAE
September 19, 2011
Egypt discusses finance package with Saudi, UAE
Egypt is discussing financial packages for budgetary and other support with Saudi Arabia and the United Arab Emirates that could…
Israel faces holiday palm shortage as Egypt bans export
September 19, 2011
Israel faces holiday palm shortage as Egypt bans export
An Egyptian decision to ban the export of closed palm fronds used in an upcoming Jewish festival is forcing Israel…
UAE lends Egypt US$1.5 billion
September 18, 2011
UAE lends Egypt US$1.5 billion
The United Arab Emirates (UAE) ambassador in Cairo, Mohamed al-Zahiry, said on Sunday that his country is lending Egypt US$1.5…
Egypt considers renegotiating loan with IMF
September 18, 2011
Egypt considers renegotiating loan with IMF
Senior official sources have revealed that the Egyptian government is considering renegotiating with the International Monetary Fund (IMF) for a…
Egypt’s Ezz Steel falls 10% after statement
September 18, 2011
Egypt’s Ezz Steel falls 10% after statement
Ezz Steel , whose shares tumbled last week after a court jailed its former chairman and ordered two licenses be…
Public transport workers to stage general strike Sunday
September 17, 2011
Public transport workers to stage general strike Sunday
A dispute between the official Public Transport Workers Syndicate and its independent counterpart about staging a general strike escalated on…
Post-revolt Egypt unlikely to yield big investment openings
September 17, 2011
Post-revolt Egypt unlikely to yield big investment openings
The political unrest in North Africa and the Middle East is unlikely to produce significant investment opportunities for multinational corporations…
Egypt requests price review for natural gas supplies to Spanish-Italian company
September 17, 2011
Egypt requests price review for natural gas supplies to Spanish-Italian company
The Egyptian Ministry of Petroleum called for a fresh review of prices for the natural gas supplied by the Egyptian…