Rachid issues decree to ensure quality of training
CAIRO: Rachid Mohamed Rachid, Minister of Trade and Industry issued a decree stipulating that all companies or training agencies working in the field of quality standards to be accredited…
Euromoney conference on housing and real estate finance kicks off Tuesday
CAIRO: The one-day Euromoney conference entitled, “Egyptian Housing and Real Estate Finance” takes place in Cairo Tuesday. The conference seeks to provide information and exchange views for those…
Prosecutor General looks into calls to arrest Netanyahu and Barak on entering Egypt
CAIRO: Prosecutor General Abdel Meguid Mahmoud opened an investigation into a complaint submitted by activists and MPs calling for the arrest of Israeli Prime Minister Benjamin Netanyahu and his Defense…
Egypt's Oriental Weavers to revise euro contracts
Egyptian carpet maker Oriental Weavers (ORWE.CA) is negotiating to raise prices on some of its contracts with European importers following the euro's tumble against other currencies this year, the company…
$2 bln Port Ghalib project to have 23 top hotels
Kuwait's MA Kharafi Group has announced that its $2 billion Port Ghalib project in Egypt will have a total of 23 internationally renowned chain of hotels by the end of…
Egypt invites partners for $1.8 bln road projects
According to Egypt's Minister of Investment, the government plans to offer road, rail and other social services projects worth LE 10 billion ($1.8 billion) for public-private partnerships. No particular time…
Crisis between lawyers, judges and prosecutors persists, says lawyer
CAIRO: The current crisis between lawyers, judges and prosecutors will persist for the time being until a resolution is been reached, lawyer Montasser El-Zayat told Daily News Egypt Monday. “If…
Orascom Telecom still in sale talks
Egypt's Orascom Telecom (ORTE) is still in talks with international telecoms firms to sell some of its African assets, after negotiations with South Africa's MTN failed last week, a newspaper…
Egypt 182-day T-bills yield up at 10.572 pct
The average yield on Egyptian 182-day Treasury bills rose a fraction to 10.572 percent in an auction on Sunday from 10.529 percent at last week's auction. The central bank accepted…
Egypt's Alcotexa sells 581 T cotton in past week
Egypt's Alexandria Cotton Exporters' Association (Alcotexa) committed to sell 581 tons of cotton in the week that ended on June 12, an Alcotexa official told Reuters on Sunday. The sales…