Egypt will recover if energy shortage is resolved to improve sluggish industry, says Al-Zorba
The government’s economic policies are still shrinking, while the Egyptian industry sector is suffering sluggish activity. The economy has to be encouraged to overcome the challenges of aggravating budget deficit…
Government should repay all fuel dues to foreign partners: Official
An oil company official said the government should repay full dues to foreign partners and approve gas price amendments that have been agreed upon to stimulate investments in the sector.…
Students protest ‘unjust executions’: SAC
Protests continue across different university campuses on Wednesday
AfDB provides $170bn loan to Sharm El-Sheikh International Airport: EHCAAN chairman
Developing, increasing capacity would help airport receive 18 million passengers annually
First retrial session in Abu Za’abal officers’ case
The verdict in the case was overturned in June by the Appeals Court
Tax authority issues 2m property tax exemptions
Notifications were sent to 6.3m residential units
Egypt, Jordan sign gas sector MoU: Petroleum ministry
Discussions held on expanding Iraqi gas pipelines to reach Egypt through Jordan to benefit from Iraq’s oil and gas supply
Business leaders await definitive steps in economic transition
‘We are optimistic about economic reforms,’ leaders say
Activist sentenced to 6 months in prison for ‘inciting workers to strike’
Ayman Al-Fakhri was arrested while demonstrating in solidarity with Helwan industrial workers
Saudi, US tourists major spenders in Egypt during 2014: Ministerial Economic Adviser
Ministry of Tourism hopes to raise sector expenditure in Q1 of 2015 to $85, increase tourist numbers to 1.2 million