economy
European Bank allocates US$50 million to investment projects in Egypt
Business
July 17, 2014
European Bank allocates US$50 million to investment projects in Egypt
Hildegard Gacek, director of the southern and eastern Mediterranean department of the European Bank for Reconstruction and Development, said the…
CBE opens new account to support Egyptian economy
Business
June 24, 2014
CBE opens new account to support Egyptian economy
Central Bank of Egypt Governor Hesham Ramez said a new account dubbed Long Live Egypt 037037 has been opened to…
Egypt funding crunch slowing food payments again
Business
May 9, 2014
Egypt funding crunch slowing food payments again
Egypt's financial crisis is hindering payments for food commodities as banks and traders say some of the funding problems which…
Budget deficit down 3 percent in 2013-2014
Business
April 30, 2014
Budget deficit down 3 percent in 2013-2014
Egypt’s general budget deficit has dropped to LE145 billion during the first nine months of the 2013-2014 fiscal year, according to…
Amr Moussa: Sisi most qualified for president
Egypt
January 31, 2014
Amr Moussa: Sisi most qualified for president
Amr Moussa, chairman of the constitutional committee, said that Field Marshal Abdel Fattah Al-Sisi has all the qualifications of the next…
Representative: IFC committed to backing Egypt
Business
January 30, 2014
Representative: IFC committed to backing Egypt
Nada Shousha, Resident Representative of the International Finance Corporation in Egypt, Libya and Yemen, said Thursday that the organization has…
Ukraine protesters seize building, put up more barricades
World
January 24, 2014
Ukraine protesters seize building, put up more barricades
Ukrainian protesters erected more street barricades and occupied a government ministry building on Friday after the failure of crisis talks…
Orascom Telecom Algeria appoints new CEO
Business
January 23, 2014
Orascom Telecom Algeria appoints new CEO
Orascom Telecom Algeria has appointed Philip Thome, head of VimpelCom’s technology sector, as CEO. Vincenzo Nesci will remain the chairman of…