Business
First phase of low-income housing scheme to wrap up next June
November 2, 2010
First phase of low-income housing scheme to wrap up next June
President of Egypt's Central Agency for Reconstruction Mahmoud Meghawri announced that the first phase of the government's Geographical Targeting of…
National Bank of Egypt ranks 8th largest Arab bank, 237th worldwide
November 2, 2010
National Bank of Egypt ranks 8th largest Arab bank, 237th worldwide
The National Bank of Egypt (NBE) was ranked eighth on the Union of Arab Banks' 2009 report on the top-100…
Industry gas supply available through 2015, says minister
November 2, 2010
Industry gas supply available through 2015, says minister
Minister of Trade and Industry Rachid Mohamed Rachid said sufficient gas supply is available for Egyptian industries through 2015. Supply…
Egypt ranks 9th on annual ‘Economic World Freedom’ report
November 1, 2010
Egypt ranks 9th on annual ‘Economic World Freedom’ report
Egypt has been ranked ninth on the 2010 Economic Freedom of the World Report, produced by the Fraser Institute. The…
Fourth metro line to cost US$1.5 bn, financing yet to be confirmed
November 1, 2010
Fourth metro line to cost US$1.5 bn, financing yet to be confirmed
The Ministry of Transport is seeking presidential approval to request a Japanese loan to finance the first phase of a…
New owner of Omar Effendi says govt agreed to sale
November 1, 2010
New owner of Omar Effendi says govt agreed to sale
Mohamed Metwali, the new owner of Omar Effendi and head of the Arab Company for Investment and Development (AICR), said…
Egypt moves up on global consumer confidence index
October 31, 2010
Egypt moves up on global consumer confidence index
Egypt ranked 21st worldwide on the Nielsen Global Consumer Confidence Index for the third quarter of 2010, according to Nielsen…
Govt to purchase Egyptian maize at higher price to cope with global hike
October 31, 2010
Govt to purchase Egyptian maize at higher price to cope with global hike
The government intends to pay a higher price for maize purchased from local peasants in order to cope with rising…
Allam visits south Sudan to launch Egyptian water resource projects
October 31, 2010
Allam visits south Sudan to launch Egyptian water resource projects
Egyptian Minister of Water Resources and Irrigation, Mohamed Nasr Eddin Allam, on Monday will visit southern Sudan to initiate a…