privatization
Egyptian court annuls privatization of state-owned company
Business
December 18, 2011
Egyptian court annuls privatization of state-owned company
An Egyptian court on Saturday annulled the sale of nearly 50 percent of the shares of Nile Cotton Ginning Company,…
In courts and picket lines, workers try to reverse corrupt privatization
Business
December 6, 2011
In courts and picket lines, workers try to reverse corrupt privatization
When an Egyptian administrative court ruled in mid-September that Tanta Linens, Shebin Textiles and Weaving Company, and Al-Nasr Company for…
Ganzouri named prime minister to mixed reactions
Egypt
November 26, 2011
Ganzouri named prime minister to mixed reactions
Field Marshal Hussein Tantawi officially appointed Kamal al-Ganzouri to form a national salvation government on Friday with full powers to carry…
US expert: Leadership of ‘Military Inc.’ is running Egypt
Business
October 26, 2011
US expert: Leadership of ‘Military Inc.’ is running Egypt
The Egyptian military’s economic interests have long been considered too taboo to discuss in the mainstream media, so little is…
Minister: Egypt will not backtrack on free market economy
Business
October 23, 2011
Minister: Egypt will not backtrack on free market economy
Mahmoud Eissa, Egypt’s minister of industry and foreign trade, repeated on Sunday that the country will not backtrack on its…
Former top govt officials investigated for privatization schemes
Egypt
October 17, 2011
Former top govt officials investigated for privatization schemes
The Justice Ministry on Monday ordered the investigation of former Prime Minister Kamal al-Ganzoury and former Minister of Agriculture Youssef…
Former officials to be questioned on charges of facilitating illegal privatization
Egypt
October 14, 2011
Former officials to be questioned on charges of facilitating illegal privatization
The Public Funds Prosecution has started interrogations into the former Mubarak regime's alleged illegal privatization activity after receiving reports on…
Is the military council leading Egypt toward an economic crisis?
Business
October 3, 2011
Is the military council leading Egypt toward an economic crisis?
Unless serious reforms are made now, the economy could be headed toward a crisis scenario, as more job seekers enter…
Egypt ‘committed to free market’ after investor fears
Business
October 2, 2011
Egypt ‘committed to free market’ after investor fears
Egypt's deputy prime minister said on Sunday that his country was committed to a free market economy, after the ownership…
Court orders 3 privatized companies returned to state
Egypt
September 21, 2011
Court orders 3 privatized companies returned to state
An Egyptian court on Wednesday ordered three privatized companies returned to state ownership as employees celebrated the ruling. Dozens of…