Egypt places anti-dumping duties on Chinese electric motors
CAIRO: Minister of Trade and Industry Rachid Mohamed Rachid announced the implementation of anti-dumping duties ranging between 80-86 percent on imports (cif) of Chinese electric motors ranging from 30…
Egypt’s deficit likely below forecast-minister
CAIRO: Egypt's budget deficit for the financial year that ends on June 30 is likely to come in below the target of 8.4 percent of gross domestic product (GDP), Egyptian…
Egypt aims to reduce poverty to 18 pct, increase income by 4 pct
Egypt Minister of Economic Development Osman Mohamed Osman said the development plan for 2010/11 aims at reducing poverty rate to 18 percent, compared with 22.5 percent in 2005, and…
Poland, Egypt corporate earnings face highest ‘tax risk,’ Citigroup says
Poland and Egypt are more at risk from higher taxes in central and eastern Europe, the Middle East and Africa as governments tackle deficits, according to Citigroup Inc. …
OCI JV wins $750 mln Doha airport contract
A joint venture of Egypt's Orascom Construction Industries (OCI) has won a contract worth $750 million to expand Qatar's international airport, the firm said on Wednesday. BESIX Group,…
Egypt may scrap cement licenses on weak demand
Egypt's Industrial Development Authority said on Wednesday interest in bidding for two cement production licenses had been subdued ahead of this week's deadline and the permits could end up…
Familiar style for Brazil, Dutch at World Cup
PORT ELIZABETH, South Africa: Advancing at all costs has been the guiding principle behind the progress of Brazil and Netherlands to the World Cup quarterfinals, regardless of tradition or public…
Ahly’s Palestinian keeper makes Sudanese move
CAIRO: Ramzi Saleh left Ahly by mutual consent and joined Sudanese giants Merreikh, the Palestinian keeper said on Wednesday. "I penned a two-year contract with Merreikh. I will earn LE…
Uruguay and Ghana chase last four dream
JOHANNESBURG, July 1, 2010 (AFP) - One-time football power Uruguay are on the verge of their first World Cup semi-final appearance in 40 years with African hope Ghana blocking their…
Tabarez takes Uruguay to biggest match in 40 years
KIMBERLEY, South Africa: Oscar Tabarez has instilled a sense of harmony in the Uruguay team and become precisely the kind of leader the players need to manage all the hype…