Business

Egypt to form free trade zone with Africa

Egypt to form free trade zone with Africa

Egypt’s economic policies will soon gear more toward African markets and Nile Basin countries, experts said. “The prime minister said…
Economists praise increases in commodity subsidies

Economists praise increases in commodity subsidies

Economic experts have praised the prime minister’s decision to increase subsidies of strategic commodities from LE90 billion to LE115 billion…
Arab Web clampdown hurts own economies, says Google

Arab Web clampdown hurts own economies, says Google

Deauville, France - Arab leaders were wrong to block Internet access in an effort to quell popular revolts as such…
Post Mubarak, US aid to Egypt takes new shape

Post Mubarak, US aid to Egypt takes new shape

The new chapter in the history of US aid to Egypt involves a new but untested model that will focus…
Government mulls recognition of illegal land sales

Government mulls recognition of illegal land sales

  The Investment Disputes Settlement Committee plans to discuss a draft law to recognize sales of state-owned land since 1998.…
Bankers: Foreign financial aid to Egypt will be of little help

Bankers: Foreign financial aid to Egypt will be of little help

Bankers and economic experts said on Wednesday that international financial assistance provided by the United States, Saudi Arabia and the…
US$3 bln in IMF loans to Egypt

US$3 bln in IMF loans to Egypt

The International Monetary Fund (IMF) will announce a US$3 billion loan to support the Egyptian economy in a few days,…
Egypt mobile phone Feb. subscriptions up 29 pct

Egypt mobile phone Feb. subscriptions up 29 pct

The number of mobile phone subscriptions in Egypt grew 29 percent from a year earlier to 72.94 million as of…
Egyptians vent fury in litigation

Egyptians vent fury in litigation

When protests ousted Hosni Mubarak in February, many Egyptians unearthed old grievances against employers, politicians and neighbors, demanding justice from…
Egypt increases energy supplies for domestic market

Egypt increases energy supplies for domestic market

The Petroleum Ministry on Wednesday said that it had increased this month’s supplies of diesel fuel and liquid petroleum gas…
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