investment

Sudan’s uncertainty leaves Egypt struggling to preserve interests
Egypt

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

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

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

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

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

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

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

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

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

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…
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