Business
Egypt’s flowers exports worth more than LE150 million in 2010
January 12, 2011
Egypt’s flowers exports worth more than LE150 million in 2010
During 2010 Egypt exported ornamental plants and cut flowers worth more than LE150 million, an official said on Wednesday.
Egyptian PM appoints new Competition Authority chairman
January 11, 2011
Egyptian PM appoints new Competition Authority chairman
Prime Minister Ahmed Nazif has appointed Sameh al-Torgoman chairman of Egypt's Competition Authority for a four-year term. Al-Torgoman succeeds Mona…
Unlicensed bazaars cost Egypt an annual LE1 billion in lost revenue
January 10, 2011
Unlicensed bazaars cost Egypt an annual LE1 billion in lost revenue
Egyptian Chamber of Tourist Commodities Director Mohamed al-Qattan said the government has begun to limit the proliferation of unlicensed bazaars…
Govt postpones new gas subsidies until after presidential race
January 10, 2011
Govt postpones new gas subsidies until after presidential race
The Egyptian government decided to postpone, until after next year’s presidential elections, implementing a new system for using coupons to…
Algeria appoints Shearman to advise on Orascom nationalization
January 10, 2011
Algeria appoints Shearman to advise on Orascom nationalization
Algeria has provisionally appointed law firm Shearman & Sterling LLP to advise it on the nationalisation of Orascom Telecom's local…
Egypt, US launch global entrepreneurship program
January 10, 2011
Egypt, US launch global entrepreneurship program
On Monday the Egyptian Ministry of Communications and Information Technology launched the Global Entrepreneurship Program, organized in cooperation with the…
Egypt inflation edges up, rates seen steady for now
January 10, 2011
Egypt inflation edges up, rates seen steady for now
Egyptian urban inflation inched higher in the year to December, but the pace of increase is unlikely to prompt the…
Egypt aims to produce 2600 megawatts of wind energy in 2011
January 9, 2011
Egypt aims to produce 2600 megawatts of wind energy in 2011
Egyptian Minister of Electricity and Energy Hassan Younes on Sunday announced a ministry plan to produce 2600 megawatts of wind…
Egypt says foreign investments unaffected by Alexandria bombing
January 9, 2011
Egypt says foreign investments unaffected by Alexandria bombing
The Egyptian government asserted on Saturday that the New Year's Eve Alexandria church bombing, which left 23 dead and injured…
Egypt considers borrowing US$1billion to finance construction of power stations
January 8, 2011
Egypt considers borrowing US$1billion to finance construction of power stations
The Ministry of Electricity and Energy is discussing borrowing US$1 billion to finance the forthcoming five year plan, reliable sources…