Business
Orascom to refer Algerian tax demands to international arbitration
December 28, 2010
Orascom to refer Algerian tax demands to international arbitration
Orascom Telecom Holding (OTH) plans to resort to international arbitration after the Algerian government levied additional taxes on Djezzy, the…
Zambia requests Egyptian energy assistance
December 28, 2010
Zambia requests Egyptian energy assistance
Zambian Minister of Energy Kenneth Konga on Tuesday requested Egyptian assistance in developing the southern African nation's energy capacity.Konga said…
Arabs earmark US$1.32 billion for SMEs
December 28, 2010
Arabs earmark US$1.32 billion for SMEs
Egypt said on Tuesday it has secured US$1.32 billion to support small and medium enterprises in the Arab World. The…
Egypt to export gas to Turkey via Syria
December 28, 2010
Egypt to export gas to Turkey via Syria
Egypt will export gas to Turkey via Syria through the Arab Gas Pipeline, Syrian oil minister Sufian al-Allawi said on…
Negotiations for purchase of Omar Effendi from Saudi owner still ongoing
December 27, 2010
Negotiations for purchase of Omar Effendi from Saudi owner still ongoing
Negotiations for the sale of stake in iconic Egyptian department store Omar Effendi to an Egyptian
Egypt to host French travel agents conference in January
December 27, 2010
Egypt to host French travel agents conference in January
Approximately 450 French travel agents are expected to participate in the French Travel Agents Union conference, hosted from 22-26 January…
Egypt eyes LE1.2 trillion for private sector investment
December 27, 2010
Egypt eyes LE1.2 trillion for private sector investment
Egypt aims to increase private sector investment to LE1.2 trillion within the next five years, according to Minister of Trade…
Spinning and weaving companies to halt operations due to low cotton supply
December 26, 2010
Spinning and weaving companies to halt operations due to low cotton supply
Egyptian spinning and weaving companies may be forced to stop operating for three weeks due to low cotton supplies, according…
Banks classify textile industries “risky”
December 26, 2010
Banks classify textile industries “risky”
Egyptian banks have placed restrictions on textile credit facilities and loans extended to factories after classifying the industry "risky," textile…
Current sugar reserves sufficient for 4 months, says ministry
December 26, 2010
Current sugar reserves sufficient for 4 months, says ministry
Egypthas sugar reserves for the next four months, said sources from the Ministry of Social Solidarity, adding that the recent…