Business
Trade minister predicts 6% economic growth by year’s end
November 22, 2010
Trade minister predicts 6% economic growth by year’s end
The Egyptian economy will achieve a 6-percent growth rate by the end of this year and a 7.6 percent growth…
CBE provides training to Iraq central bank employees
November 22, 2010
CBE provides training to Iraq central bank employees
With the stated aim of contributing to the reform of the Iraqi banking sector, the Central Bank of Egypt (CBE)'s…
Orascom sells Tunisiana stake for US$1.2 bln
November 22, 2010
Orascom sells Tunisiana stake for US$1.2 bln
Orascom Telecom has sold its 50 percent stake in Tunisian mobile operator Tunisiana to a Qatari-Tunisian consortium for US$1.2 billion,…
Trade Minister visits Paris to develop stronger commercial ties
November 22, 2010
Trade Minister visits Paris to develop stronger commercial ties
Egypt’s Minister of Trade and Industry Rachid Mohamed Rachid travels to Paris on Monday to negotiate more Egyptian exports to…
Authorities close travel agency responsible for Hurghada bus accident
November 21, 2010
Authorities close travel agency responsible for Hurghada bus accident
Egyptian authorities on Sunday closed down the branch of the travel agency that had organized the trip for the tourists…
Lack of passengers delays Tehran-Cairo flights
November 21, 2010
Lack of passengers delays Tehran-Cairo flights
Tehran--The resumption of direct flights between the capitals of Cairo and Tehran have not yet started due to lack of…
Official: Egypt luring more than 15 million tourists a year
November 21, 2010
Official: Egypt luring more than 15 million tourists a year
The annual number of tourists visiting Egypt has risen to more than 15 million, cabinet spokesman Magdi Radi said on…
Govt scraps restrictions on mandatory sale announcements
November 21, 2010
Govt scraps restrictions on mandatory sale announcements
The Ministry of Trade has decided to lift restrictions imposed on traders regarding mandatory sale announcements. It has also authorized…
Egyptian bank denies allegations of Iranian collusion
November 21, 2010
Egyptian bank denies allegations of Iranian collusion
The Cairo-based Misr Iran Development Bank (MIDB) has denied allegations that it violated internationally-approved sanctions against Iran.