Business
Egypt court to review land sale case next month
December 19, 2010
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
December 19, 2010
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
December 18, 2010
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
December 18, 2010
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
December 17, 2010
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
December 17, 2010
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
December 17, 2010
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
December 16, 2010
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
December 16, 2010
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
December 16, 2010
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…