investment

Egypt’s political stability turning to liability?
Egypt

Egypt’s political stability turning to liability?

Egypt's calcified politics has long been judged an asset in a turbulent region but as President Hosni Mubarak ages in…
Upper Egypt industry scheme lures investors
Business

Upper Egypt industry scheme lures investors

An industrial incentive program, launched in 2007 with the aim of attracting investment to the southern provinces of Upper Egypt,…
Officials: FDI down 34.8%; tourism losses exceed LE1 billion
Business

Officials: FDI down 34.8%; tourism losses exceed LE1 billion

Total foreign investment in Egypt fell to LE2.6 billion in the first half of the 2009/10 fiscal year from LE4…
Egypt seeks Libyan investment in oil sector
Business

Egypt seeks Libyan investment in oil sector

The state-run Egyptian General Petroleum Authority (EGPA) is currently in talks with Libyan businessmen in hopes of securing investment for…
Stock exchange drops 0.95%; dealing exceeds LE3.5 billion
Business

Stock exchange drops 0.95%; dealing exceeds LE3.5 billion

A day after the stock exchange saw a rise in its index, it dropped again Wednesday by 0.95 percent. The…
Falling OT shares rattle CASE
Business

Falling OT shares rattle CASE

Shares in Egyptian telecommunications giant Orascom Telecom (OT) declined sharply on Wednesday, dragging the entire Cairo and Alexandria Stock Exchange…
Iraq offers housing contracts to Egyptian private sector
Egypt

Iraq offers housing contracts to Egyptian private sector

The Iraqi government on Tuesday offered contracts for the construction of 3.5 million housing units in Iraq to the Egyptian…
Spinning factory sale thwarted
Business

Spinning factory sale thwarted

The state-owned Spinning and Weaving Holding Company and the National Investment Bank (NIB) issued orders forbidding the Misr-Iran Spinning and…
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