Stricter laws for customs evasion
Egypt’s customs authority is close to finalising a new customs law before it is passed on to the Ministry of Finance and then on to the cabinet.
Government textile industry faces immense challenges
By Mohamed Salah Al-Din The government textile sector is suffering from variety of problems; it is indebted to banks and various government agencies, it suffers from ageing equipment, it is…
A meagre rise in foreign reserves
By Nasser Youssef Egyptian foreign reserves have risen for the third consecutive month. According to the announcement of the Egyptian Central Bank, foreign reserves figures at the end of last…
Ministry of Foreign Affairs seeks to establish a commercial office in Tanzania
By Salah Al-Monufi Mohamed Eysa, minister of trade and industry, is considering a memorandum submitted by the Egyptian embassy in Tanzania that recommends opening a commercial office, to benefit from…
Iran’s central bank circumvents embargo
Iran will sell its crude oil to European refineries through a private consortium.
Moderate decrease in the number of foreign employees in Egypt
By Mahmoud Ewis The Central Agency for Public Mobilization and Statistics published a yearly report indicating that the number of foreigners currently employed in the government sector fell to 675…
Muslim Brotherhood mobilises to help Morsy reach his 100 days goals
Despite his official resignation, many remain suspect about the president’s relationship with the Brotherhood
Absurdity at its best
Is the media stirring up Islamophobia? Well, of course it is, but then again how much help are Muslims offering?
US promises $16 billion in aid to Afghanistan
Clinton and Karzai travel from Kabul to participate in Tokyo donor summit
Eurozone ministers under pressure to deliver
A June 28-29 EU summit was hailed as a breakthrough, promising fresh capital for Spain’s struggling bank