private sector
CIB gives loan to new food transport company in Egypt
Business
October 24, 2011
CIB gives loan to new food transport company in Egypt
Egypt’s largest publicly traded lender, Commercial International Bank (CIB), signed an LE86 million loan agreement on 23 October with two…
Private sector minimum wage to be set soon, says minister
Egypt
October 18, 2011
Private sector minimum wage to be set soon, says minister
Minister of Manpower Ahmed Hassan al-Borai has said that he would meet with the National Council for Wages in a…
Former officials to be questioned on charges of facilitating illegal privatization
Egypt
October 14, 2011
Former officials to be questioned on charges of facilitating illegal privatization
The Public Funds Prosecution has started interrogations into the former Mubarak regime's alleged illegal privatization activity after receiving reports on…
Egypt’s local borrowing may backfire on economy
Business
September 7, 2011
Egypt’s local borrowing may backfire on economy
Egypt’s increased reliance on local lenders to finance its budget shortfall may stifle any economic recovery by reducing the incentive…
Minimum wage to be implemented in private sector in October
Egypt
August 20, 2011
Minimum wage to be implemented in private sector in October
The public sector minimum wage will also be implemented in the private sector starting from October, Minister of Manpower Ahmed…
CAPMAS: 11.4 percent of economic establishments closed doors in 2009
Business
January 3, 2011
CAPMAS: 11.4 percent of economic establishments closed doors in 2009
In 2009, the number of private and public sector economic establishments and their employees decreased by 11.4 percent as compared…
Public, private sector jobs ops fall by 46% in October
Business
December 1, 2010
Public, private sector jobs ops fall by 46% in October
A Cabinet Information Center report revealed a 46 percent drop in the number of public and private sector job opportunities…
Egypt firm sees private education revenues up
Business
October 19, 2010
Egypt firm sees private education revenues up
Cairo for Investment and Real Estate Development, which builds and runs schools, said it expects revenues to hit LE100 million…
Govt, private sector to cultivate 1.5 million acres of Sudanese land
Business
October 13, 2010
Govt, private sector to cultivate 1.5 million acres of Sudanese land
The Agriculture Ministry has announced plans to inject more funds into the Egyptian-Sudanese Joint Company to go towards the cultivation…
Egypt state pension fund to invest in private sector
Business
September 29, 2010
Egypt state pension fund to invest in private sector
Egypt's state pension fund will begin directing billions of dollars into private investments when a new pension law comes into…