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Egypt’s Ezz Steel falls 10% after statement

Egypt’s Ezz Steel falls 10% after statement

Ezz Steel , whose shares tumbled last week after a court jailed its former chairman and ordered two licenses be…
Public transport workers to stage general strike Sunday

Public transport workers to stage general strike Sunday

A dispute between the official Public Transport Workers Syndicate and its independent counterpart about staging a general strike escalated on…
Post-revolt Egypt unlikely to yield big investment openings

Post-revolt Egypt unlikely to yield big investment openings

The political unrest in North Africa and the Middle East is unlikely to produce significant investment opportunities for multinational corporations…
Egypt requests price review for natural gas supplies to Spanish-Italian company

Egypt requests price review for natural gas supplies to Spanish-Italian company

The Egyptian Ministry of Petroleum called for a fresh review of prices for the natural gas supplied by the Egyptian…
Egyptian contractors unable to compete for World Cup contracts

Egyptian contractors unable to compete for World Cup contracts

Domestic contractors owed money by the Egyptian government are facing difficulties winning bids for infrastructure projects Qatar is planning for…
EU to lift ban on Egyptian vegetable imports

EU to lift ban on Egyptian vegetable imports

BRUSSELS - Egyptian exports to Europe of some fresh vegetables including green beans and peas are set to resume soon,…
Egyptian firms eye Libya but politics may be hurdle

Egyptian firms eye Libya but politics may be hurdle

Egyptians are eager to drum up business in Libya after the overthrow of Muammar Gaddafi, but countries which were swifter…
Public medical insurance deficit stands at LE12 billion

Public medical insurance deficit stands at LE12 billion

Dr. Abdel Rahman al-Saqqa, president of the Medical Insurance Authority, on Wednesday said the authority suffers a deficit of LE12…
Turkey, Egypt mull joint Mediterranean gas drilling

Turkey, Egypt mull joint Mediterranean gas drilling

Turkish Energy Minister Taner Yildiz said on Wednesday Turkey may carry out gas exploration in the Mediterranean with Egypt and…
Sources: CBE’s governor to be reinstated for one more year

Sources: CBE’s governor to be reinstated for one more year

Egypt's ruling military council and the prime minister's cabinet are considering reinstating the Central Bank of Egypt governor and board…
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