Business

Migrants’ remittances: Between expenditure and investment

Migrants’ remittances: Between expenditure and investment

A study on remittances and investment opportunities for Egyptian migrants was released in mid-July by the International Organization for Migration…
Govt to address unfair price increases during Ramadan

Govt to address unfair price increases during Ramadan

The Egyptian government will use all tools to expose traders who unjustifiably raise their prices during Ramdan, said Mohamed Abu…
Fiscal year 2009/2010: drop in revenue, increase in public spending

Fiscal year 2009/2010: drop in revenue, increase in public spending

Egypt's general budget deficit has climbed to 8.3 percent of the gross domestic product in the fiscal year 2009/2010. The…
Egypt and Mercosur to sign free trade deal

Egypt and Mercosur to sign free trade deal

Buenos Aires--The South American trade bloc Mercosur will sign a free trade agreement with Egypt at a summit early next…
Dana Petroleum discovers new oil field in Egypt

Dana Petroleum discovers new oil field in Egypt

London-- British oil and gas explorer Dana Petroleum said it discovered a new oil field in Egypt, after its Fin-1X…
E-customs services offered to private sector

E-customs services offered to private sector

The Customs Authority last week held a bid for private-sector companies to provide electronic customs services in Cairo, Alexandria, Suez…
Minister: Economy better since global crisis

Minister: Economy better since global crisis

Economic Development Minister Othman Mohamed Othman at a press conference on Thursday said the Egyptian economy had improved since the…
Govt signs agreements with oil giant Eni

Govt signs agreements with oil giant Eni

Italian oil company Eni recently signed two agreements with the Egyptian General Petroleum Authority and the Egyptian Holding Company for…
Mobile operators unlikely to slash prices this Ramadan

Mobile operators unlikely to slash prices this Ramadan

Mobile phone operators are gearing up for Ramadan, a time when competition reaches its peak with companies making new offers…
State land to be offered only on leasehold basis

State land to be offered only on leasehold basis

Less than 24 hours after President Hosni Mubarak instructed the government to devise easy and transparent rules for the sale…
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