private sector
Govt report: Number of foreigners working in private, investment sectors down by 8.3%
Business
July 1, 2015
Govt report: Number of foreigners working in private, investment sectors down by 8.3%
The number of foreign nationals working in Egypt’s private and investment sectors fell down by 8.3 percent in 2014, the…
Egypt permits private sector to import natural gas
Egypt
May 21, 2015
Egypt permits private sector to import natural gas
Egypt has given the private sector a green light to import natural gas or liquefied natural gas (LNG), a government…
Newspaper: Egypt’s ministry of finance to cooperate with private sector in three new projects
Business
February 25, 2015
Newspaper: Egypt’s ministry of finance to cooperate with private sector in three new projects
Egypt's Central Unit of Public Private Partnership (PPP), in minister of finance, plans to add three new projects to the…
Omar Effendi to start restructuring plan over losses, debts
Business
February 19, 2015
Omar Effendi to start restructuring plan over losses, debts
Omar Effendi will start a restructuring plan Thursday by putting forward 32 branches to partnership with the private sector, while…
Businessmen organizations frown upon minimum wage decision
Business
September 20, 2013
Businessmen organizations frown upon minimum wage decision
Businessmen organizations said that the decision to implement the minimum wage came as a surprise and that the current economic…
Committee formed to liaise between Morsy, private sector
Egypt
July 31, 2012
Committee formed to liaise between Morsy, private sector
The committee created by President Mohamed Morsy to liaise between his office and representatives from the private sector held its…
CIB gives loan to new food transport company in Egypt
Business
October 24, 2011
CIB gives loan to new food transport company in Egypt
Egypt’s largest publicly traded lender, Commercial International Bank (CIB), signed an LE86 million loan agreement on 23 October with two…
Private sector minimum wage to be set soon, says minister
Egypt
October 18, 2011
Private sector minimum wage to be set soon, says minister
Minister of Manpower Ahmed Hassan al-Borai has said that he would meet with the National Council for Wages in a…
Former officials to be questioned on charges of facilitating illegal privatization
Egypt
October 14, 2011
Former officials to be questioned on charges of facilitating illegal privatization
The Public Funds Prosecution has started interrogations into the former Mubarak regime's alleged illegal privatization activity after receiving reports on…
Egypt’s local borrowing may backfire on economy
Business
September 7, 2011
Egypt’s local borrowing may backfire on economy
Egypt’s increased reliance on local lenders to finance its budget shortfall may stifle any economic recovery by reducing the incentive…