Sabahy announces emergency economic plan
Presidential hopeful outlines 21 projects that aim to help Egypt achieve “economic development that will lead to social justice”, and “dignity protected by national independence”
Mansour earmarks more than 1m acres of state land for urban development, water projects
Interim president sets aside 885,000 acres for a new urban community in El-Alamein and 145,820 acres for water projects in Upper Egypt
Taxes from top companies total EGP 7.1bn
Telecom Egypt, Ezz Steel, and Cemex Egypt among top tax paying companies
Egypt builds upon its outsourcing growth
The local cost advantage is an important factor: labour, land and power are all affordable by international standards. But while workers’ wages are relatively low, the skills base is strong.…
West struggles for winning formula on Russian sanctions
Some of the Western bankers, money managers and oil traders who help keep that money moving are unconvinced sanctions will have a truly significant effect.
BG beats Q1 estimates after losing CEO
Shares in BG were trading 3% higher at 1,235 pence at 1144 BST, one of the top four risers on the FTSE 100.
Alitalia looking to create bad company to woo Etihad: Paper
Alitalia, which was privatised in 2008 under a plan that also involved spinning off unprofitable activities into a “bad” company, has been unable to make a profit ever since and…
Doctors’ Syndicate supports lawsuit blocking coal as a fuel source
Syndicate highlights negative effect of the use of coal on citizens’ health
Economic reforms a ‘must’ for Egypt growth: Lagarde
IMF chief says there are “encouraging” signs in energy subsidy reform
EBRD and IDB unit to launch $120m SME fund for Arab states
Reuters - The European Bank for Reconstruction and Development and the private sector arm of the Islamic Development Bank will launch a $120m fund to support small businesses in the…