investment
Sudan’s uncertainty leaves Egypt struggling to preserve interests
Egypt
October 14, 2010
Sudan’s uncertainty leaves Egypt struggling to preserve interests
Amid recent escalation in the war of words between northern and southern officials in Sudan’s ever-embattled political landscape, indicators suggest…
Govt, private sector to cultivate 1.5 million acres of Sudanese land
Business
October 13, 2010
Govt, private sector to cultivate 1.5 million acres of Sudanese land
The Agriculture Ministry has announced plans to inject more funds into the Egyptian-Sudanese Joint Company to go towards the cultivation…
Trade Minister: Govt to devise new system for allocation of state land
Business
October 13, 2010
Trade Minister: Govt to devise new system for allocation of state land
Trade and Industry Minister Rachid Mohamed Rachid on Tuesday announced that the government was in the process of devising a…
Committee to present legal findings on state land violations by year-end
Business
October 11, 2010
Committee to present legal findings on state land violations by year-end
The government has set a December deadline for a technical committee formed by the Agriculture
Egypt state pension fund to invest in private sector
Business
September 29, 2010
Egypt state pension fund to invest in private sector
Egypt's state pension fund will begin directing billions of dollars into private investments when a new pension law comes into…
Sawiris: Succession uncertainty fuels investment anxiety
Egypt
September 16, 2010
Sawiris: Succession uncertainty fuels investment anxiety
London--Naguib Sawiris, chairman of Egypt's Orascom Telecom, said the political ambiguity that surrounds who will succeed President Hosni Mubarak is…
Direct foreign investment in Egypt down 16%
Business
September 13, 2010
Direct foreign investment in Egypt down 16%
According to data released by the Central Bank of Egypt, direct foreign investment in Egypt in the fiscal year 2009/10…
Foreign firms in Algeria face stringent new rules
Business
September 7, 2010
Foreign firms in Algeria face stringent new rules
The Algerian government has set stricter conditions on foreign corporations in Algeria, prompting fears of bankruptcy among some Egyptian firms…
Report: Local govt debt rises as subsidy expenditures fall
Business
September 7, 2010
Report: Local govt debt rises as subsidy expenditures fall
A report issued Tuesday by the state budget monitoring committee revealed an LE107 billion
CBE: Overseas investment by Egyptian banks decline sharply
Business
August 29, 2010
CBE: Overseas investment by Egyptian banks decline sharply
Overseas investment made by Egyptian banks dwindled in the first half of 2010 by nearly 22.7 percent, with a nearly…