economy
Egyptian-Russian alliance on global logistic center for grains investment
Business
October 30, 2014
Egyptian-Russian alliance on global logistic center for grains investment
A leading Russian investment company offered to set up an alliance with Egypt to participate and invest in the Global…
World Bank: Egypt rises one place to 112th in 2015 Doing Business ranking
Business
October 29, 2014
World Bank: Egypt rises one place to 112th in 2015 Doing Business ranking
Egypt rose a place in the global rankings, due to improvements in its business environment in 2014, according to a…
Greek diplomat: 100 large Greek companies plan investments in Egypt
Business
October 26, 2014
Greek diplomat: 100 large Greek companies plan investments in Egypt
Economic and Commercial Counselor at the Greek Embassy in Cairo Evangelos Dairetzis revealed that 100 large Greek companies plan to…
Finance minister: Egypt considering $1.5 billion foreign bond as it repairs economy
Business
October 24, 2014
Finance minister: Egypt considering $1.5 billion foreign bond as it repairs economy
Egypt could tap international bond markets to raise up to $1.5 billion next year to shore up its finances and…
Mehleb: US$12 billion in international arbitration cases against Egypt, our position is ‘weak’
Business
October 23, 2014
Mehleb: US$12 billion in international arbitration cases against Egypt, our position is ‘weak’
Prime Minister Ibrahim Mehleb said Wednesday that the total number of international arbitration cases filed against the government amounted to…
Egypt turns to illegal buildings to tackle housing crisis
Business
October 22, 2014
Egypt turns to illegal buildings to tackle housing crisis
Egypt plans to offer cheap loans for completing apartments in unfinished buildings thrown up illegally across its cities, hoping to…
PM: Egypt will fix the economy but don’t expect miracles
Egypt
October 22, 2014
PM: Egypt will fix the economy but don’t expect miracles
Egypt's Prime Minister urged the country's citizens not to expect instant results from large-scale infrastructure projects the government has embarked…
Egypt planning minister calls for legal review, ‘economic revolution’
Business
October 21, 2014
Egypt planning minister calls for legal review, ‘economic revolution’
Egypt needs an "economic revolution" to recover from damage caused by political instability as it seeks to attract billions of…
Egypt central bank keeps rates on hold, monitoring risks from global growth jitters
Business
October 17, 2014
Egypt central bank keeps rates on hold, monitoring risks from global growth jitters
Egypt's central bank kept its main interest rates unchanged at a policy meeting on Thursday but said it was keeping…
Egypt to reduce time and cost of container release at customs ports
Business
October 15, 2014
Egypt to reduce time and cost of container release at customs ports
Egypt plans to reduce the time and cost of container release in a move to improve performance levels at customs…