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Govt postpones new gas subsidies until after presidential race

Govt postpones new gas subsidies until after presidential race

The Egyptian government decided to postpone, until after next year’s presidential elections, implementing a new system for using coupons to…
Algeria appoints Shearman to advise on Orascom nationalization

Algeria appoints Shearman to advise on Orascom nationalization

Algeria has provisionally appointed law firm Shearman & Sterling LLP to advise it on the nationalisation of Orascom Telecom's local…
Egypt, US launch global entrepreneurship program

Egypt, US launch global entrepreneurship program

On Monday the Egyptian Ministry of Communications and Information Technology launched the Global Entrepreneurship Program, organized in cooperation with the…
Egypt inflation edges up, rates seen steady for now

Egypt inflation edges up, rates seen steady for now

Egyptian urban inflation inched higher in the year to December, but the pace of increase is unlikely to prompt the…
Egypt aims to produce 2600 megawatts of wind energy in 2011

Egypt aims to produce 2600 megawatts of wind energy in 2011

Egyptian Minister of Electricity and Energy Hassan Younes on Sunday announced a ministry plan to produce 2600 megawatts of wind…
Egypt says foreign investments unaffected by Alexandria bombing

Egypt says foreign investments unaffected by Alexandria bombing

The Egyptian government asserted on Saturday that the New Year's Eve Alexandria church bombing, which left 23 dead and injured…
Egypt considers borrowing US$1billion to finance construction of power stations

Egypt considers borrowing US$1billion to finance construction of power stations

The Ministry of Electricity and Energy is discussing borrowing US$1 billion to finance the forthcoming five year plan, reliable sources…
IDA to supply Egyptian steel firms with 229 million cubic meters of gas

IDA to supply Egyptian steel firms with 229 million cubic meters of gas

Egypt's Industrial Development Authority (IDA) on Wednesday announced plans to supply four Egyptian steel companies that have recently obtained steel-production…
Turkey deploys TV star in hopes of luring Egyptian tourists

Turkey deploys TV star in hopes of luring Egyptian tourists

Kivanc Tatlitug, the Turkish soap opera star popularly known as "Muhannad," is expected to visit Cairo next month in an…
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