Egyptian Cabinet To Be Reshuffled By End Of Week – Report
The Egyptian cabinet will be reshuffled by the end of the week, a state-run newspaper reported, pointing to a delay…
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Kandil’s government
Disputed Premier To Stay In Egypt Reshuffle
Egyptian Prime Minister Hisham Kandil, widely criticized as colorless and ineffectual, will keep his job in a…
International Finance Corporation Finances Egyptian Projects With US$ 400 Mln
International Finance Corporation (IFC) is offering from US$ 300 million to US$ 400 million to projects in Egypt…
Hesham Kandil Accepts Tarek Amer’s Resignation
The Egyptian Prime Minister Hesham Kandil announced yesterday that the Cabinet accepted the resignation of the…
Exclusive: Egypt’s PM Determines Monthly Salaries Of Banks’ Chairmen
The Egyptian Prime Minister Hisham Kandil will issue a decree within the coming hours determining the net monthly…
Morsi Seeks To Quiet Opposition, Boost Economy
Egypt’s Islamist President Mohamed Morsi said Egyptians had freely chosen a constitution with “complete…
Hesham Kandil: Stability Key To Fixing Economy
Egyptian Prime Minister Hesham Kandil said on Tuesday that political stability was crucial to luring back foreign…
Worried Egypt Slaps New Controls On travelling With Cash
Egypt has banned travellers from carrying more than $10,000 in foreign currency in or out of the country, as…
Five Cement Factories Stop Production On Natural Gas Shortage
The shortage in natural gas in Beni Suef over the past two days have disrupted production in five cement…
Egypt’s Govt. Allocates EGP 20 Bln To Combat Corruption In FY 2012/13
The Egyptian Prime Minister Hesham Kandil revealed that the Egyptian government has succeeded in solving problems…
Egypt’s Only Resort From Foreign Borrowing Is Lowering Budget Deficit: Al Araby
The Egyptian Minister of Planning and International Cooperation Ashraf Al Araby said the only way for Egypt to not…
Bankers Differ On Impact Of Political Turmoil Over IMF Talks
Egypt is witnessing political turmoil after the eruption of violent clashes between protestors and security forces…
EGP60,000 Compensation For Families Of Children Killed In Assiut Train
The bus, collided by a train in the central Egyptian province of Assiut, was covered by compulsory insurance as…
Egypt Opens Tiny Window For Gaza Truce
Egypt opened a tiny window to emergency peace diplomacy in Gaza on Friday, but hopes for even a brief ceasefire…
Finance Ministry Writes Off EGP 167 Mln Debts Owed By 75,000 Farmers
The Ministry of Finance approved writing-off debts of about EGP 167 million owed by about 75,000 farmers, according…
Govt. Shall Create 800k New Jobs: Mounir El-Zahed
Mounir El-Zahed, chairman of Banque Du Caire, said the main challenge facing the government now is providing about…
Egypt Awaits IMF Mission By End Of Oct.
The Egyptian Prime Minister Hesham Kandil stated in his opening speech at the Euromoney Conference that the…
Morsi Says 70% Of Promises Achieved
Egyptian President Mohamed Morsi said on Saturday he had fallen short of goals he promised to fulfill in his first…
Hesham Kandil Plans Increasing Return On Insurance Funds
The Egyptian Prime Minister Dr. Hesham Kandil held a ministerial meeting discussing the possible methods for…
Agricultural Credit Bank Suggests Different Loan Exemption Schemes
The Principal Bank for Development and Agricultural Credit has set different options for exempting 44,000 farmers…
Shadow Government’s PM Rejects IMF Loan, Calls For Rationing Plan
Dr. Ali Abdel Aziz, the Prime Minister of the Shadow Government, said that the International Monetary Fund’s (IMF)…
IMF Sets No Conditions On Loan To Egypt: Kandil
The Egyptian Prime Minister Hesham Kandil announced that the International Monetary Fund (IMF) has put no…
Utilities Ministry to Move to Its Headquarter at the Minisrty of Housing
Ministry of Public Utilities, one of the three new ministry's in Kandil's government formed one month ago, has…
Alliance of Egypt’s Revolutionaries Rejects IMF Loan
The Alliance of Egypt’s Revolutionaries has released a statement calling on the Cabinet not to proceed in the…
Finance Ministry Allocates US$100 Mln For EGPC To Meet Petroleum Needs
The Minister of Finance, Momtaz El-Saeed approved allocating US$ 100 million for the Egyptian General Petroleum…
Egypt Signs US$200 Mln Financing Agreement With World Bank
Egypt will sign a financing agreement amounting to US$ 200 million with the World Bank. Ashraf Al Araby, Minister…
New Minister of Communications Meets With Call Center Companies by September
Call center companies seeks to hold a meeting with the Minister of Communications and Information Technology to…