Business
Second round of negotiations resolves Toshka land issue
April 20, 2011
Second round of negotiations resolves Toshka land issue
The Ministry of Agriculture and the Kingdom Agricultural Development Co. have reached a settlement on the controversial Toshka land deal…
Egypts suffers decline in meat and poultry imports
April 19, 2011
Egypts suffers decline in meat and poultry imports
Egypt experienced a significant decline in the import of meat and poultry during the month of March, said Egyptian importers…
Saudi plans US$7 bln Egypt housing project
April 18, 2011
Saudi plans US$7 bln Egypt housing project
A Saudi developer offered to invest up to US$7 billion to build some 200,000 residential units for low and middle…
Egypt’s stocks extend decline amid corruption probe
April 18, 2011
Egypt’s stocks extend decline amid corruption probe
Egypt's benchmark stock index tumbled over 3 percent on Monday, pulling the market lower for a second consecutive day as…
Public business sector to cut funding to companies
April 18, 2011
Public business sector to cut funding to companies
Restructuring funds tend not to be injected into public businesses, the supervisor of Egypt’s public businesses sector said. However, supervisor…
Finance experts warn against trading shares of corrupt officials
April 18, 2011
Finance experts warn against trading shares of corrupt officials
Investment experts have warned investors against conducting transactions that involve shares owned by persons being investigated for corruption. Mohsen Adel,…
France to allocate 20% of aid for democracy in Egypt and Tunisia
April 17, 2011
France to allocate 20% of aid for democracy in Egypt and Tunisia
Paris -- French Foreign Minister Alain Juppe said 20 percent of France’s foreign aid will be allocated to support democratic…
Govt to negotiate Toshka land settlement with Saudi prince
April 17, 2011
Govt to negotiate Toshka land settlement with Saudi prince
The Egyptian government will start official negotiations on Wednsday with Saudi billionaire Prince Al-Waleed Bin Talal, aiming to settle the…
Committee to determine losses of Libya returnees, companies
April 16, 2011
Committee to determine losses of Libya returnees, companies
Prime Minister Essam Sharaf will form a national committee to determine the total number of Egyptian workers that have returned…
Kuwait launches firm to invest in Egypt economy
April 16, 2011
Kuwait launches firm to invest in Egypt economy
Kuwait --The Kuwait Investment Authority (KIA), the Gulf Arab state's sovereign fund, has launched a company with 1 billion Egyptian…