Business
Attorney General orders investigation into 21 privatized companies
March 8, 2011
Attorney General orders investigation into 21 privatized companies
Sources said Attorney General Abdel Meguid Mahmoud ordered investigation into the privatization of 19 public-sector companies during the tenure of…
Saudi businessmen plan LE100 bn in Egypt investments
March 8, 2011
Saudi businessmen plan LE100 bn in Egypt investments
Saudi investors are planning to invest LE100 billion in Egypt over the coming period, in a step to maintain Saudi…
Govt says wheat reserves enough for 5 months
March 8, 2011
Govt says wheat reserves enough for 5 months
The Egyptian government said today that Egypt has sufficient wheat reserves for approximately five months, while reports warned of shortages…
Suez Canal workers threaten hunger strike in Egypt
March 6, 2011
Suez Canal workers threaten hunger strike in Egypt
Several hundred administrative workers with Egypt's Suez Canal Authority are threatening to go on a hunger strike if their demands…
Work resumes at Egypt’s QIZs, says Israel
March 6, 2011
Work resumes at Egypt’s QIZs, says Israel
Jerusalem--Businesses reopened in Egypt's Qualifying Industrial Zones (QIZs), Israeli officials said Saturday, after one month of closure prompted by the…
The economic revolution is yet to happen
March 5, 2011
The economic revolution is yet to happen
“All our economic losses are a small price to pay for freedom,” said renowned businessman Naguib Sawiris to audience applause…
Experts demand reconsideration of income tax law
March 4, 2011
Experts demand reconsideration of income tax law
Tax experts and officials called for the reconsideration of Egypt’s fixed income tax law (Law 91/2005), which was put in…
Egypt gas still not flowing to Israel
March 4, 2011
Egypt gas still not flowing to Israel
The Israeli Ministry of Environment announced Friday that Egypt's supply of gas to Israel will not be resumed as anticipated following…
Reopening of Egypt’s stock exchange may be postponed for third tim
March 4, 2011
Reopening of Egypt’s stock exchange may be postponed for third tim
Sources at the Financial Supervisory Authority said the authority considered the possibility of postponing the reopening of the Egyptian stock…
Suez Canal leaves transit fees unchanged for 2011
March 3, 2011
Suez Canal leaves transit fees unchanged for 2011
Egypt's Suez Canal Authority said on Thursday it was leaving its transit fees unchanged until the end of 2011.The Suez…