Business
10 companies shortlisted for Egypt’s first privately-owned power station
June 8, 2010
10 companies shortlisted for Egypt’s first privately-owned power station
Minister of Electricity and Energy Hassan Younis announced that from 19 companies and consortia, ten have been shortlisted for the…
Govt banks struggle to diminish debt portfolios
June 8, 2010
Govt banks struggle to diminish debt portfolios
Government banks are increasing efforts to cut down the size of customers' overdue debt portfolios and bridge the gap in…
Algeria: No timetable on Djezzy dispute with Orascom
June 7, 2010
Algeria: No timetable on Djezzy dispute with Orascom
The Algerian government cannot give a timetable for resolving a dispute over Orascom Telecom's Algerian unit Djezzy, said Moussa Benhamadi,…
45,000 feddans for first agricultural area in Sinai
June 6, 2010
45,000 feddans for first agricultural area in Sinai
South Sinai--Amin Abaza, minister of agriculture and land reclamation, has announced that 45,000 feddans will be allotted for the first…
YBG vows to settle public, private debts
June 2, 2010
YBG vows to settle public, private debts
Finance Minister Youssef Boutros-Ghali announced on Wednesday that his ministry would settle its outstanding debts to insurance funds in both…
Report: Egypt facing shortfall of ‘strategic’ crops
June 2, 2010
Report: Egypt facing shortfall of ‘strategic’ crops
An official report conducted by the Ministry of Agriculture has revealed an increasing shortage in a number of crops including…
Exporters: Ain Sokhna port can’t meet demand
June 2, 2010
Exporters: Ain Sokhna port can’t meet demand
Exporters say that an ongoing dispute between the Egyptian government and Dubai World, the company which runs the port of…
ET halts Vodafone buyout
June 1, 2010
ET halts Vodafone buyout
Egypt Telecom (ET) has called off negotiations with Vodafone over buying out its Egyptian operation, of which the later owns…
Algeria launches Djezzy talks with OT
May 31, 2010
Algeria launches Djezzy talks with OT
Orascom Telecom (OT) has received a letter from the Algerian government expressing its wish to negotiate a deal to buy…
Stock market up 2.8% despite Greek woes
May 30, 2010
Stock market up 2.8% despite Greek woes
The Egyptian stock exchange's EGX 30 index on Sunday rose by 2.8 percent, or 180 points, to close at 6518,…