privatization

Attorney General orders investigation into 21 privatized companies
Business

Attorney General orders investigation into 21 privatized companies

Sources said Attorney General Abdel Meguid Mahmoud ordered investigation into the privatization of 19 public-sector companies during the tenure of…
Omar Effendi department store chain sold to Egyptian investor
Egypt

Omar Effendi department store chain sold to Egyptian investor

Gamil al-Qanbit, the Saudi owner of iconic Egyptian department store chain
Negotiations for purchase of Omar Effendi from Saudi owner still ongoing
Business

Negotiations for purchase of Omar Effendi from Saudi owner still ongoing

Negotiations for the sale of stake in iconic Egyptian department store Omar Effendi to an Egyptian
Omar Effendi, govt officials discuss workers’ issues in advance of planned sell-off
Business

Omar Effendi, govt officials discuss workers’ issues in advance of planned sell-off

Representatives of Egypt's Ministry of Manpower and Emigration met on Thursday with Egyptian Trade Union Federation head Mohammed Wahbullah and…
Tax Authority seizes Omar Effendi bank funds for unpaid taxes
Business

Tax Authority seizes Omar Effendi bank funds for unpaid taxes

Head of the Omar Effendi workers syndicate Mohamed Gobaily announced that the Tax Authority had seized control of the department…
The bygone effendi of Egypt
Business

The bygone effendi of Egypt

The saga sparked by the Egyptian government’s sale of Omar Effendi--once Egypt’s most popular commercial outlet--is yet again causing controversy,…
Egypt’s elections presses economy, say experts
Business

Egypt’s elections presses economy, say experts

Massive expenditure ahead of the parliamentary and presidential elections is slowing down the government’s ability to accelerate economic reforms, analysts…
Good capitalism, decadent capitalism
Books

Good capitalism, decadent capitalism

All of the different forms of capitalism and progressive economic philosophy a government can espouse, if taken up without adequate…
Reading Tony Judt in Cairo
Opinion

Reading Tony Judt in Cairo

A few days ago, the world mourned the passing of Tony Judt, a British historian of repute and engaged public…
Alleged building breaches on state land to be investigated
Egypt

Alleged building breaches on state land to be investigated

President Hosni Mubarak has ordered an investigation into alleged construction violations pertaining to luxury compounds currently being built on state-owned…
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