privatization

The army and the economy in Egypt
Opinion

The army and the economy in Egypt

Should the production of pasta, mineral water, butane gas cylinders and gas station services qualify as classified military secrets? And…
Cabinet to challenge re-nationalization of cotton company
Business

Cabinet to challenge re-nationalization of cotton company

The cabinet is considering making a legal challenge to a court ruling annulling the privatization of the Nile Cotton Ginning…
Egyptian court annuls privatization of state-owned company
Business

Egyptian court annuls privatization of state-owned company

An Egyptian court on Saturday annulled the sale of nearly 50 percent of the shares of Nile Cotton Ginning Company,…
In courts and picket lines, workers try to reverse corrupt privatization
Business

In courts and picket lines, workers try to reverse corrupt privatization

When an Egyptian administrative court ruled in mid-September that Tanta Linens, Shebin Textiles and Weaving Company, and Al-Nasr Company for…
Ganzouri named prime minister to mixed reactions
Egypt

Ganzouri named prime minister to mixed reactions

Field Marshal Hussein Tantawi officially appointed Kamal al-Ganzouri to form a national salvation government on Friday with full powers to carry…
US expert: Leadership of ‘Military Inc.’ is running Egypt
Business

US expert: Leadership of ‘Military Inc.’ is running Egypt

The Egyptian military’s economic interests have long been considered too taboo to discuss in the mainstream media, so little is…
Minister: Egypt will not backtrack on free market economy
Business

Minister: Egypt will not backtrack on free market economy

Mahmoud Eissa, Egypt’s minister of industry and foreign trade, repeated on Sunday that the country will not backtrack on its…
Former top govt officials investigated for privatization schemes
Egypt

Former top govt officials investigated for privatization schemes

The Justice Ministry on Monday ordered the investigation of former Prime Minister Kamal al-Ganzoury and former Minister of Agriculture Youssef…
Former officials to be questioned on charges of facilitating illegal privatization
Egypt

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…
Is the military council leading Egypt toward an economic crisis?
Business

Is the military council leading Egypt toward an economic crisis?

Unless serious reforms are made now, the economy could be headed toward a crisis scenario, as more job seekers enter…
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