Business
Govt says it won’t relinquish national assets for debt relief
June 12, 2011
Govt says it won’t relinquish national assets for debt relief
Egypt’s government has ruled out the possibility of ceding public assets and companies in return for debt relief. Minister of…
Electricity supply to Jordan, Syria, and Lebanon interrupted
June 11, 2011
Electricity supply to Jordan, Syria, and Lebanon interrupted
The supply of electricity from Egypt to Jordan, Syria and Lebanon stopped on Friday after a truck carrying gasoline turned…
US asks Japan, Europe to waive Egypt’s debt
June 11, 2011
US asks Japan, Europe to waive Egypt’s debt
Washington--The US has asked Japan and European nations to forgive some of Egypt's debt to support a country seen as…
Egypt resumes natural gas supply to Israel
June 11, 2011
Egypt resumes natural gas supply to Israel
Jerusalem--Egypt resumed pumping natural gas to Israel on Friday after supplies were halted in April following an attack on a…
Analysts, business leaders critical of tax revisions
June 10, 2011
Analysts, business leaders critical of tax revisions
Caught between a capitalist logic to encourage investments in a slowing economy, and a revolutionary reality that demands immediate attention…
Irrigation minister: Allocation of LE450 million to solve summer planting problems
June 10, 2011
Irrigation minister: Allocation of LE450 million to solve summer planting problems
Minister of Water Resources and Irrigation Hussein al-Atfy announced the allocation of LE200 million to improve drainage networks and LE250…
American investors do not fear the Brotherhood rising to power
June 10, 2011
American investors do not fear the Brotherhood rising to power
At their meetings with government officials and business associations over the past two days, a number of American investors said…
Land deal gives a boost to Egypt’s property stocks
June 9, 2011
Land deal gives a boost to Egypt’s property stocks
Egyptian real estate stocks will get some support next week after billionaire Prince Alwaleed bin Talal signed a deal with…
Ministry of Finance: State budget was not amended
June 9, 2011
Ministry of Finance: State budget was not amended
Sources at the Ministry of Finance said the Supreme Council of the Armed Forces did not amend any provisions of…
Urban inflation eases to 11.8%
June 9, 2011
Urban inflation eases to 11.8%
Urban consumer inflation in Egypt unexpectedly eased to 11.87 percent in the 12 months to May as food prices fell…