Government official: IT exports to hit $1 billion by 2010
SECC looks to export its services to Gulf marketCAIRO: Egyptian information technology (IT) sector exports are on track to reach $1 billion (LE 5.71 billion) by 2010, Gamal Aly, chairman…
Government internal debts remains in safe area
Minister of Finance Youssef Boutros Ghali said the government internal debt as a percentage of Gross National Product is still in a safe area.In a statement released Monday, the minister…
IMF says Egypt could cut budget deficit faster
CAIRO: The Egyptian government could cut its budget deficit faster without compromising economic growth, the International Monetary Fund said on Monday.In a statement issued in Cairo after an IMF visit,…
Chinese state company to establish chemicals factory in Fayoum
Factory production to meet almost 20 percent of local demand of soda-ashCAIRO: China National Chemical Engineering Corporation (CNCEC) and The National Bank of Egypt (NBE) announced Monday a new partnership…
Government allocates Bank of Alexandria sale proceeds to settling public company debt
LE 20 billion sewage infrastructure project put on holdCAIRO: The Ministry of Investment (MOI) and Central Bank (CB) said Sunday the government has begun the second phase of settling public…
Photography competition "A Lens to the Past"
"Photography is a way of feeling, of touching, of loving. What you have caught on film is captured forever ... it remembers little things, long after you have forgotten everything.…
Aboul Gheit boosts economic relations with India and Pakistan
CAIRO: Egypt is aggressively pursuing closer relations with its traditional Asian allies, India and Pakistan. Foreign Minister Ahmed Aboul Gheit met with the countries foreign ministers earlier this week to…
Ahly reached new level, says Jose
Yokohama: Manuel Jose said the team he manages, Al-Ahly are now capable of playing at the highest levels after they clinched the bronze medal in the 2006 Fifa Club World…
