Business
Walid Bin Talal company will not grow wheat in Toshka
October 30, 2010
Walid Bin Talal company will not grow wheat in Toshka
Al-Mamlaka, an agricultural development company owned by Saudi Prince Walid Bin Talal, has announced that it will grow fruit and…
Egypt’s government faces new state land challenge
October 29, 2010
Egypt’s government faces new state land challenge
An Egyptian lawyer has filed suit against Egypt's prime minister and tourism minister challenging a deal with real estate firm…
Carlyle Group eyeing Egypt, Morocco investments
October 29, 2010
Carlyle Group eyeing Egypt, Morocco investments
Marrakech-- US buyout fund Carlyle Group plans to invest about US$300 million in the Middle East and North Africa within…
Egypt trims 2009/10 budget deficit to 8.1 pct/GDP
October 29, 2010
Egypt trims 2009/10 budget deficit to 8.1 pct/GDP
Egypt's budget deficit in the fiscal year to June 2010 was narrower than first thought at 8.1 percent of gross…
France to boost grain exports to Egypt to 3 million tons annually
October 28, 2010
France to boost grain exports to Egypt to 3 million tons annually
Participants at the 15th French Grains Conference, held in Cairo on Thursday, predicted more heat waves and floods in different…
Omar Effendi back in Egyptian hands
October 28, 2010
Omar Effendi back in Egyptian hands
The Saudi Anwal United Trading Company which owns nearly 85 percent of the Omar Effendi Company has sold its shares…
Local development minister warns of high rural poverty rates
October 28, 2010
Local development minister warns of high rural poverty rates
“There are some 1000 rural villages in Egypt inhabited by a total of 12 million people, half of whom live…
Reluctance to loan, not financial capacity, inhibit Egypt’s SME growth
October 28, 2010
Reluctance to loan, not financial capacity, inhibit Egypt’s SME growth
After years of government financial regulation, many Egyptian bankers finally see an opportunity to play a more effective role in…
Telecom Egypt CEO denies regional expansion plans
October 28, 2010
Telecom Egypt CEO denies regional expansion plans
Telecom Egypt has no plans to expand elsewhere in the region for now, its chief executive said on Thursday after…
Arab Contractors to head back to Iraq after 4-year hiatus
October 27, 2010
Arab Contractors to head back to Iraq after 4-year hiatus
Prominent Egyptian property developer the Arab Contractors Company plans to open two branches in Iraq--in Baghdad and Erbil--after a four-year…