economy

Representative: IFC committed to backing Egypt
Business

Representative: IFC committed to backing Egypt

Nada Shousha, Resident Representative of the International Finance Corporation in Egypt, Libya and Yemen, said Thursday that the organization has…
Ukraine protesters seize building, put up more barricades
World

Ukraine protesters seize building, put up more barricades

Ukrainian protesters erected more street barricades and occupied a government ministry building on Friday after the failure of crisis talks…
Orascom Telecom Algeria appoints new CEO
Business

Orascom Telecom Algeria appoints new CEO

Orascom Telecom Algeria has appointed Philip Thome, head of VimpelCom’s technology sector, as CEO. Vincenzo Nesci will remain the chairman of…
Is the worst over for Egypt’s economy?
Business

Is the worst over for Egypt’s economy?

Could Egypt’s economy be on the road to recovery? Some indicators suggest this might be the case.
Fund will support health, education and infrastructure in Egypt
Business

Fund will support health, education and infrastructure in Egypt

The Support Egypt Fund has decided to establish a charity worth LE1.5 billion to support health, education and infrastructure in…
IMF ready to help Egypt overcome economic hardships
Business

IMF ready to help Egypt overcome economic hardships

Olga Stankova, IMF spokesperson, said the fund is ready to cooperate with Egyptian authorities to help Egypt overcome its economic…
Stock market shares gains LE1.9 billion
Business

Stock market shares gains LE1.9 billion

  The stock market's benchmark index EGX-30 rose by 0.59 percent reaching 5680.65 points. The small and medium-sized index EGX70 increased…
Alexandria Chamber of Commerce to launch 8 EU-financed projects
Business

Alexandria Chamber of Commerce to launch 8 EU-financed projects

The Alexandria Chamber of Commerce will on Sunday launch eight new projects financed by the European Union worth more than…
Egypt seeks to raise government investments by 35%: minister
Business

Egypt seeks to raise government investments by 35%: minister

Egyptian officials are hoping to increase government investments by 35 percent over the 2013-2014 fiscal year, according to Finance Minister…
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