Business

Year Ender: Egyptian poor fail to feel benefits of economic recovery

Year Ender: Egyptian poor fail to feel benefits of economic recovery

In 2010, Egypt witnessed moderate economic recovery despite the international financial crisis. However, in a country where half of the…
Egypt concludes research on Saudi power linkage project

Egypt concludes research on Saudi power linkage project

Egyptian Minister of Electricity and Energy Hassan Younis on Sunday announced Egypt has concluded its research on a power linkage…
CAPMAS report highlights Egypt’s failing cotton production

CAPMAS report highlights Egypt’s failing cotton production

A government report released on Sunday reveals an 11.4 decline in Egyptian 2008/2009 cotton production in comparison to the previous…
Egypt’s hotel occupancy rates up despite sharks, Europe freeze

Egypt’s hotel occupancy rates up despite sharks, Europe freeze

Hotel occupancy rates in Cairo and the Red Sea governorates have risen by 7-8 percent from last year, an official…
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…
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