Business
Egypt inflation steady in October, rates seen on hold
November 10, 2010
Egypt inflation steady in October, rates seen on hold
Cairo--Urban consumer inflation in Egypt remained unchanged during the 12 months preceding October, a sign the central bank is unlikely…
Annual Suez Canal revenue up 7.1% in October
November 9, 2010
Annual Suez Canal revenue up 7.1% in October
Annual revenue generated by Egypt's Suez Canal increased by 7.1 percent in October, Suez Canal Authority officials announced on Tuesday.In…
Egypt court to rule on TMG Madinaty sale 23 November
November 9, 2010
Egypt court to rule on TMG Madinaty sale 23 November
An Egyptian court said on Tuesday it would decide on November 23 whether a government solution to a dispute over…
Sawiris: Orascom may seek international arbitration to end Djezzy impasse
November 9, 2010
Sawiris: Orascom may seek international arbitration to end Djezzy impasse
Egypt's Orascom Telecom may seek international arbitration to end a dispute with Algeria that is holding up its US$6.6 billion…
Egypt’s financial authority institutes new market transaction regulations
November 9, 2010
Egypt’s financial authority institutes new market transaction regulations
The Egyptian Financial Supervisory Authority in a press statement on Tuesday decreed no stocks should be registered or traded in…
Egyptian expat remittances to reach US$7.68 billion, says World Bank
November 9, 2010
Egyptian expat remittances to reach US$7.68 billion, says World Bank
Remittances from expatriate Egyptians will reach US$7.68 billion by the end of 2010 despite persistent international financial woes, the ًًًًًWorld…
Govt considers raising prices of land allocated for industry
November 8, 2010
Govt considers raising prices of land allocated for industry
The government is currently studying a proposal for a gradual increase in the price of state land allocated for industrial…
Orascom Telecom sees 400-percent surge in N. Korea mobile business
November 8, 2010
Orascom Telecom sees 400-percent surge in N. Korea mobile business
Mobile phone service subscriptions in Orascom Telecom's North Korean joint venture climbed over 400 per cent in the 12-month period…
Q&A with the head of the Consumer Protection Agency
November 8, 2010
Q&A with the head of the Consumer Protection Agency
In the following Interview, head of the Consumer Protection Agency Saeed al-Alfi discusses a Ministry of Industry and Trade decision…
Vimpelcom seeks loan to buy OT, Wind
November 8, 2010
Vimpelcom seeks loan to buy OT, Wind
Russian mobile operator Vimpelcom is trying to secure a US$4 billion loan in order to fund a merger with the…