Egyption Economy
Year Ender: Egyptian poor fail to feel benefits of economic recovery
Business
December 26, 2010
Year Ender: Egyptian poor fail to feel benefits of economic recovery
In 2010, Egypt witnessed moderate economic recovery despite the international financial crisis. However, in a country where half of the…
Businessman fails to pay debts to Misr Bank
Business
May 16, 2010
Businessman fails to pay debts to Misr Bank
Rami Lakah, a businessman who fled to Europe in 2001 and returned to Egypt recently, hasn't yet repaid the first…
Egypt to build oil refinery worth US$2bn
Business
May 3, 2010
Egypt to build oil refinery worth US$2bn
The Egyptian General Petroleum Corporation (EGPC) has signed a memorandum of understanding with a consortium of Chinese companies to build…
Med insurance bill delayed for lack of funds
Egypt
April 15, 2010
Med insurance bill delayed for lack of funds
Official sources said parliament will not discuss the new medical insurance bill during its current session, although the draft of…
Average Egyptian household yearly expenditure LE3170
Egypt
April 15, 2010
Average Egyptian household yearly expenditure LE3170
According to a report by the Cabinet Information and Decision Support Center, the average Egyptian household yearly expenditure for 2008/2009…