Business
Minister: Egypt’s commodity subsidies must not undermine economic reform
January 21, 2011
Minister: Egypt’s commodity subsidies must not undermine economic reform
Although state subsidies represent a pillar of Egypt’s economic policy, they must be reformed, while commodity subsidies must not be…
USAID agrees to help boost Egypt’s daily tomato production
January 20, 2011
USAID agrees to help boost Egypt’s daily tomato production
The Egyptian Ministry of International Cooperation announced on Thursday that it had come to an agreement with the US Agency…
Former PM: Tunisia uprising will negatively impact Egyptian remittances
January 20, 2011
Former PM: Tunisia uprising will negatively impact Egyptian remittances
Political fallout from Tunisia's ongoing popular uprising threatens to negatively affect the remittances coming into the country from Egyptians working…
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…