Business
Govt postpones new gas subsidies until after presidential race
January 10, 2011
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
January 10, 2011
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
January 10, 2011
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
January 10, 2011
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
January 9, 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
January 9, 2011
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
January 8, 2011
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
January 7, 2011
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
January 7, 2011
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…