Business
Egypt’s Sewedy Cables bullish on Europe, eyes Brazil
September 22, 2010
Egypt’s Sewedy Cables bullish on Europe, eyes Brazil
Egyptian group El Sewedy Cables said on Wednesday it is increasing output this year and the next on the back…
Telecom authority struggles to assess mobile-phone service quality
September 22, 2010
Telecom authority struggles to assess mobile-phone service quality
Egypt's Telecommunications Regulatory Authority (TRA), in press statements made Tuesday, said it had not yet established a means of assessing…
Egypt court sets hearing date for Palm Hills suit
September 22, 2010
Egypt court sets hearing date for Palm Hills suit
The Egyptian Administrative Court has set 26 October as the first day of a trial in a lawsuit challenging one…
Govt announces first petroleum services company in Sinai
September 22, 2010
Govt announces first petroleum services company in Sinai
Minister of Petroleum Sameh Fahmi has announced the establishment of the first petroleum services company in Sinai. Half of the…
Mohieddin to stay on as Investment Minister until October
September 21, 2010
Mohieddin to stay on as Investment Minister until October
Egyptian Investment Minister Mahmoud Mohieddin, who was nominated two months ago for the position of World Bank executive director, said…
Egypt contractors in Algeria mull closing shop due to new bidding rules
September 21, 2010
Egypt contractors in Algeria mull closing shop due to new bidding rules
A number of Egyptian contractors working in Algeria are seriously thinking about closing their businesses due to stringent new regulations…
Egypt ranked 81 on Global Competitiveness Index
September 21, 2010
Egypt ranked 81 on Global Competitiveness Index
Egypt moves down 11 places from a year ago to 81st place on the 2010 Global Competitiveness Index (GCI), which…
Egypt delays meeting on TMG land case
September 21, 2010
Egypt delays meeting on TMG land case
Egypt's cabinet has delayed until early next week a meeting planned for Wednesday that had been expected to offer a…
Finance Minister: Govt to raise energy prices over coming 5 years
September 20, 2010
Finance Minister: Govt to raise energy prices over coming 5 years
The government plans to liberalize energy prices over the course of the next five to seven years in an effort…
LE150 million allocated for Egypt’s poorest villages
September 20, 2010
LE150 million allocated for Egypt’s poorest villages
Under the Egyptian government’s initiative to develop the country's poorest villages, LE150 million has been allocated to boost basic services…