Business
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…
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…