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Attorney General orders investigation into 21 privatized companies

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

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

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

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

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

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

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

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

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

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…
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