Business
Egypt establishes new fund to finance public-private partnership projects
January 20, 2011
Egypt establishes new fund to finance public-private partnership projects
The Egyptian government on Thursday announced the establishment of a
Egypt govt to open new outlets for subsidized foods
January 20, 2011
Egypt govt to open new outlets for subsidized foods
New outlets for the sale of subsidized food will open within weeks, the government announced Thursday.Malak Georges, the Agriculture Ministry's…
Egypt mulls subsidized goods, increased benefits for laborers
January 20, 2011
Egypt mulls subsidized goods, increased benefits for laborers
The government is considering discounts on basic commodities for workers in an attempt to fend off potential labor protests, informed…
Labor minister: Italy allocated 15% of jobs to Egyptians
January 20, 2011
Labor minister: Italy allocated 15% of jobs to Egyptians
Aisha Abdel Hadi, minister of manpower and immigration, said the Italian government allocated 15 percent of its labor quota to…
Tunisia concerns hit Egypt stocks
January 19, 2011
Tunisia concerns hit Egypt stocks
Cairo's stock index tumbled to an 11-week low on Wednesday on fears of contagion from unrest that toppled Tunisia's president…
Rights group: Economy’s decline proves failure of Egypt’s govt
January 19, 2011
Rights group: Economy’s decline proves failure of Egypt’s govt
Decline of Egypt’s economic performance is proof of the government’s failure to provide real solutions to the economic crisis, said…
Foreign Ministry: Egyptian expat remittances up by 39%
January 19, 2011
Foreign Ministry: Egyptian expat remittances up by 39%
Egyptian expatriates increased the money they sent home to more than US$9.75 billion during financial year 2009-2010, 39 percent more…
Nestle ups Egypt investment in emerging market push
January 19, 2011
Nestle ups Egypt investment in emerging market push
Nestle, the world's biggest food group, will invest about 1 billion Egyptian pounds in Egypt over the next three years…
Egypt pound stabilizes, traders cite central bank
January 19, 2011
Egypt pound stabilizes, traders cite central bank
The Egyptian pound stabilized on Tuesday as the central bank apparently acted to support it, after the currency fell to…
EGAS to accept international exploration bids in hopes of averting gas shortfall
January 18, 2011
EGAS to accept international exploration bids in hopes of averting gas shortfall
The state-run Egyptian Natural Gas Holding Company (EGAS) on Tuesday announced it would accept international bids this year for natural…