Hisham Yas

EgyptAir owes Petroleum Ministry LE1 billion, says minister
Business

EgyptAir owes Petroleum Ministry LE1 billion, says minister

EgyptAir owes the Petroleum Ministry some LE1 billion, Civil Aviation Minister Hussein Massoud said at a press conference on Tuesday.…
World Bank projects Egypt’s growth rate to drop to 1%
Business

World Bank projects Egypt’s growth rate to drop to 1%

The World Bank released a report on Wednesday that said it expected Egypt’s growth rate to drop to 1 percent…
Independent labor union rejects minister decision on representation
Egypt

Independent labor union rejects minister decision on representation

The Independent Federation for Egyptian Workers refused Minister of Manpower Ahmed al-Borei’s decision to allow the official Egyptian Trade Union…
Labor organization estimates Arab world corruption at US$400bn
Egypt

Labor organization estimates Arab world corruption at US$400bn

The Arab Labour Organization presented a report on Sunday that estimated corruption in the Arab world at US$400 billion.
Govt postpones new gas subsidies until after presidential race
Business

Govt postpones new gas subsidies until after presidential race

The Egyptian government decided to postpone, until after next year’s presidential elections, implementing a new system for using coupons to…
Ministry: Egypt’s sugar reserve covers three months
Business

Ministry: Egypt’s sugar reserve covers three months

The Ministry of Social Solidarity said the public-sector sugar company has a three month reserve. It says the company supplies…
World Bank warns Egypt on increasing bill for wheat imports
Business

World Bank warns Egypt on increasing bill for wheat imports

The World Bark has warned Egypt of the impact on the national economy of an increasing bill for wheat imports.…
USAID: US$187 million given to support democracy in Egypt
Egypt

USAID: US$187 million given to support democracy in Egypt

USAID in Cairo said US$187 million has been allocated in Egypt over the past six years--starting 2004--to support democracy and…
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