Water sector receives European Union support
In an effort to bolster the government's water sector reform program, the European Union has granted Egypt 80 million Euros (LE 560 million) in financial support.
Recognizing challenges key to success
CAIRO:Tom Walter has a tough job doing business in Egypt.He is chairman and managing director of ExxonMobil Egypt, the local subsidiary of one of the leading global marketers of fuels…
Microfinance goes commercial
Microfinance, the provision of loans and other financial services involving minute transaction amounts and mainly poor clientele, is making inroads into commercial banking.
Rachid in Washington for trade consultations
Foreign Trade and Industry Minister, Rachid Mohamed Rachid, is visiting Washington with a large government delegation for consultations on trade negotiations. Rachid met yesterday with U.S. Trade Representative Rob Portman…
Against the grain
CAIRO: In the Arab world, where the man-against-the-machine musician is an unfamiliar concept, a number of 20 something hip-hop artists are working their way through Egypt's underground music scene, armed…
Egypt Invest 2005 attracts investors and politicians
Our strategy is based clearly on growth through investment, said Nazif.
Telecom talk
When it comes to telecommunications, we have very aggressive plans CAIRO: The Egypt Invest 2005 forum embarked yesterday on sessions discussing efforts undertaken by the government, hand-in-hand with the private…
Warming to natural gas
The Minister of Petroleum is really the key to this success CAIRO: With oil prices rising sharply worldwide, energy consumers are warming to the idea of natural gas as an…
International Film Festival kicks off in Cairo
China is the festival's guest of honor this year, providing over 25 movies to be screened during the 10-day-event. A special section in the festival is dedicated to Arabs in…