development
Postcards from Luxor: Gurna, home to big development, dwindling tourism, and a still-hopeful community
Life & Style
September 16, 2012
Postcards from Luxor: Gurna, home to big development, dwindling tourism, and a still-hopeful community
The once tranquil rural village of Gurna now looks like a reflection of Luxor City. Only two years ago, streets…
New lands to be available for industrial development
Business
September 9, 2012
New lands to be available for industrial development
Up to 5 million square meters of new lands will be available for industrial investment soon, divided into nine industrial…
Qatar says to invest US$18 billion in Egypt economy
Business
September 7, 2012
Qatar says to invest US$18 billion in Egypt economy
Qatar said on Thursday it would invest US$18 billion dollars in tourism and industry projects along Egypt's Mediterranean coast over…
Donors pledge US$6.4 billion in aid to Yemen
World
September 4, 2012
Donors pledge US$6.4 billion in aid to Yemen
RIYADH — A group of international donors pledged US$6.4 billion of aid to Yemen on Tuesday to help the impoverished country rebuild after it…
Egypt needs investments of US$45 billion to meet target growth rate
Business
September 4, 2012
Egypt needs investments of US$45 billion to meet target growth rate
Egypt needs LE276 billion (US$45 billion) in investment this year to meet its targeted growth rate, Prime Minister Hesham Qandil…
Govt allocates LE1.95 bn for Sinai development
Egypt
September 3, 2012
Govt allocates LE1.95 bn for Sinai development
The government allocated LE1.95 billion for the development of Sinai in the current year's budget, said on Monday Major General…
US delegation in favor of IMF loan, protesters say no
Business
August 29, 2012
US delegation in favor of IMF loan, protesters say no
The head of the US economic delegation said Wednesday that United States welcomes Egypt's negotiations with the IMF as the…
Morsy scores US$4.9 bn in investments on China trip
Egypt
August 29, 2012
Morsy scores US$4.9 bn in investments on China trip
Presidential spokesman Yasser Ali has said several investment agreements were signed between Egyptian and Chinese businessmen during President Morsy’s visit…
Morsy rules out currency devaluation
Business
August 27, 2012
Morsy rules out currency devaluation
Egypt's new president said on Monday he would not impose new taxes or devalue the country's currency and that…
Lagarde, Qandil hope for IMF deal before end of year
Business
August 22, 2012
Lagarde, Qandil hope for IMF deal before end of year
The Egyptian government has entered negotiations with the International Monetary Fund for a US$4.8 billion loan, Prime Minister Hesham Qandil…