Business

Witnesses summoned in stock exchange case

Witnesses summoned in stock exchange case

The Financial and Commercial Prosecution Office has ordered investors who filed complaints against Maged Shawqy, former chairman of the Egyptian…
Companies investigated for forging import certificates

Companies investigated for forging import certificates

The Ministry of Industry and Foreign Trade has referred 27 imports firms for investigation, on suspicion of submitting forged certificates.…
Former stock market director faces questioning

Former stock market director faces questioning

Attorney General Abdel Meguid Mahmoud has summoned the former director of Egypt’s stock market, Maged Shawky, and the head of…
Algeria announces new law restricting foreign investment

Algeria announces new law restricting foreign investment

Algeria announced a series of measures on Sunday that will give preferential treatment to domestic firms over foreign rivals, strengthening…
Cairo Governor inaugurates el-Obour market renovations

Cairo Governor inaugurates el-Obour market renovations

Cairo governor Abdel Azim Wazir inaugurated a number of projects at el-Obour market yesterday. The renovations include the installation of…
Sinai tunnel study completed

Sinai tunnel study completed

Investment Minister Mahmoud Mohie Eddin has announced the completion of a technical study examining the possible construction of a tunnel…
Megawer: Govt keen on irregular workers interests

Megawer: Govt keen on irregular workers interests

Hussein Megawer, president of the Egyptian Trade Union Federation (ETUF), said the Egyptian government is eager to protect the interests…
Commerce Chamber calls on govt to protect rice importers

Commerce Chamber calls on govt to protect rice importers

Ahmed el-Wakil, head of the Egyptian Federation of Chambers of Commerce, called on the government to interfere to protect traders…
Fuel allocations to Alexandria cause shortages elsewhere

Fuel allocations to Alexandria cause shortages elsewhere

Increased amounts of diesel and gasoline allocated to Alexandria and the North Coast this summer are causing fuel shortages in…
Minister: Property investments unscathed by global crisis

Minister: Property investments unscathed by global crisis

In a speech before the Al-Ahram International Conference for Real Estate Investment, Housing Minister Ahmed el-Maghraby on Wednesday said that…
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