privatization
Misdemeanor court hands PM jail sentence
Egypt
April 17, 2013
Misdemeanor court hands PM jail sentence
The Dokki Misdemeanor Court on Wednesday sentenced Prime Minister Hesham Qandil to one year in prison and ordered he be…
Qandil acquitted in privatization case
Egypt
April 10, 2013
Qandil acquitted in privatization case
The Dokki Misdemeanors Court issued its verdict today acquitting Prime Minister Hesham Qandil from liability and impeachment in light of a lawsuit…
Cabinet mulling FJP privatization plan
Business
April 2, 2013
Cabinet mulling FJP privatization plan
An unnamed official revealed the Cabinet is mulling a Freedom and Justice Party proposal to privatize portions of public companies…
Court rules Centamin’s Sukari mine contract invalid
Egypt
October 30, 2012
Court rules Centamin’s Sukari mine contract invalid
Centamin's contract to exploit the Sukari gold mine in Egypt is invalid, an Egyptian administrative court ruled on Tuesday,…
Is the government trying to tap into the lucrative mobile phone industry?
Business
September 4, 2012
Is the government trying to tap into the lucrative mobile phone industry?
With a mobile phone in the hands of nearly every Egyptian and three large companies vying to provide customers with…
Court commissioners reject appeal against renationalization of company
Egypt
June 13, 2012
Court commissioners reject appeal against renationalization of company
The commissioners to the State Council Administrative Court have rejected a government appeal against an earlier administrative court ruling to…
50% increase in Egypt-Saudi trade volume in 2012
Business
April 28, 2012
50% increase in Egypt-Saudi trade volume in 2012
The amount of trade between Egypt and Saudi Arabia increased during the first quarter of 2012 by 50 percent, compared…
Workers clash with military police during privatization appeal hearings
Egypt
April 2, 2012
Workers clash with military police during privatization appeal hearings
Clashes erupted Monday between military police and workers from four companies that courts had returned to state ownership. The clashes…
Report: Egypt, Saudi Arabia agree to keep kingdom’s investments intact
Business
March 29, 2012
Report: Egypt, Saudi Arabia agree to keep kingdom’s investments intact
The People’s Assembly Economic Affairs Committee has agreed to uphold all existing contracts governing Saudi Arabia’s US$27 billion in Egyptian…