Business

Egypt court to review land sale case next month

Egypt court to review land sale case next month

 An Egyptian court has delayed until 8 January a hearing on whether the government must auction state land that was…
Dabaa tender postponed to January, officials say

Dabaa tender postponed to January, officials say

The Ministry of Electricity and Power has postponed the tender for Egypt's first nuclear station at Dabaa to mid-January in…
Minister: Arab cash flows are 60% of non-oil investments in Egypt

Minister: Arab cash flows are 60% of non-oil investments in Egypt

Sixty percent of non-oil investments in Egypt are in the form of Arab cash flows, said Minister of Economic Development…
Finance Ministry to introduce “Citizen Budget” initiative

Finance Ministry to introduce “Citizen Budget” initiative

Minister of Finance Youssef Boutros-Ghali will hold a press conference Monday to shed more light on the ministry’s new initiative,…
Sawiris wins cut of adviser’s payout

Sawiris wins cut of adviser’s payout

An English appeals court reduced the 75 million euro fee that business tycoon Naguib Sawiris was ordered to pay to…
Iran offers to build car, bus assembly factory in Egypt

Iran offers to build car, bus assembly factory in Egypt

Iran has offered to build an automobile and bus assembly factory in Egypt in a further sign of the Persian…
Cairo International Airport shuttle service to be tested next week

Cairo International Airport shuttle service to be tested next week

 Cairo International Airport’s new shuttle service is scheduled to be tested next week. The airport is following in the footsteps…
GASC makes new import tender for 230,000 tons of wheat

GASC makes new import tender for 230,000 tons of wheat

Egypt's General Authority for Supply Commodities (GASC) made a new tender offer this week for the import of 230,000 tons…
Arab investment firm cancels plan to buy Omar Effendi

Arab investment firm cancels plan to buy Omar Effendi

The Arab Company for Investment and Development (ACID) on Thursday said it has scrapped a plan to take over the…
Toshiba to spend about US$59 million on Egypt TV plant

Toshiba to spend about US$59 million on Egypt TV plant

Tokyo--Japan's Toshiba Corporation said on Thursday it would spend about 5 billion yen (US$59 million) on setting up a liquid-crystal…
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