Business

UK investment in Egypt: a promising, yet challenged profile

UK investment in Egypt: a promising, yet challenged profile

London--Economic news from Europe is seldom good these days, and Britain is no exception. The government is currently embarking on…
Political instability challenges Egypt’s investment environment

Political instability challenges Egypt’s investment environment

A new parliament dominated by the ruling National Democratic Party (NDP) is expected to pave the way for more investment-friendly regulations.…
Government announces 5 year energy strategy

Government announces 5 year energy strategy

The ruling National Democratic Party (NDP) has devised a five-year strategy aimed at securing Egypt's energy needs.The plan--to be announced…
Nazif announces new heavy transport unit

Nazif announces new heavy transport unit

A special unit responsible for heavy transport in Egypt will be established, Prime Minister Nazif announced in a meeting with…
Europe’s cold wave impacts tourism in Egypt, say experts

Europe’s cold wave impacts tourism in Egypt, say experts

Several major international airports have been closed due to an ongoing cold wave across the European continent, reducing the number…
Omar Effendi, govt officials discuss workers’ issues in advance of planned sell-off

Omar Effendi, govt officials discuss workers’ issues in advance of planned sell-off

Representatives of Egypt's Ministry of Manpower and Emigration met on Thursday with Egyptian Trade Union Federation head Mohammed Wahbullah and…
Egypt, Syria to launch negotiations over joint customs union

Egypt, Syria to launch negotiations over joint customs union

Egyptian Trade and Industry Minister Rachid Mohamed Rachid on Thursday announced the formation of a committee mandated with conducting negotiations…
Egypt to establish joint industrial zone in Libya

Egypt to establish joint industrial zone in Libya

Egyptian and Libyan governments agreed on establishing a joint industrial zone in Libya, said Minister of Trade and Industry Mohammed…
Egypt eyes urban expansion by 2022, minister says

Egypt eyes urban expansion by 2022, minister says

Egypt seeks to establish 60 new urban communities and cities by 2022, Minister of Housing Mohamed al-Maghrabi told reporters on…
Egypt seeks annual investment of US$10 billion

Egypt seeks annual investment of US$10 billion

Prime Minister Ahmed Nazif on Wednesday met with cabinet members and Central Bank of Egypt officials to outline the upcoming…
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