FINANCE & ECONOMY

11 Oct 2014

Falcon: Meet Egypt’s most famous security company

Security agents from Falcon Group International are now stationed at the gates of Egyptian universities of Cairo, Ain Shams, Helwan and al-Azhar based on a protocol signed by both the company and the Ministry of Higher Education.

Al-Masry Al-Youm highlights the most important information about the country’s most famous security company, which has...

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11 Oct 2014

Agricultural burning: Clouding the sky with sickness

On the Cairo-Alexandria Delta Road smoke rises from the fields, forming a gray cloud. Large piles of rice straw wait on the ground to be minced or incinerated. Machines whir with a metallic sound as they slice the straw for the farmers to store it in sacks. Over the years, as agricultural production has increased, farmers have found themselves with more and...

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11 Oct 2014

Egypt: Finance Minister to Unfold Egypt's Economic Reform Program At Wb, IMF Meetings

Finance Minister Hani Qadri will take part on Thursday 9/10/2014 in the annual meetings of the World Bank (WB) and the International Monetary Fund (IMF) in Washington.


In statements on Wednesday 8/10/2014, Qadri said that he will take part in a series of meetings on the fringe of the Autumn meetings of the WB group,"......

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11 Oct 2014

Egypt: PM Orders Formation of Coordinating Committee for Services

Prime Minister Ibrahim Mahlab ordered on Thursday 9/10/2014 the formation of a committee tasked with outlining public services of importance to citizens in order to develop them.


The"...

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11 Oct 2014

Egypt: Industry, Housing Ministries Sign Mou On Regulating Industrial Land Allocation

The industry and housing ministries have signed a Memorandum of Understanding (MoU) to regulate controls of allocating industrial lands in the new cities.


According to the MoU the Industrial Development Authority will, on behalf of the New Urban Communities Authority, take all measures related to lands in the industrial"......

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11 Oct 2014

Gulf Capital invests in Amak Group in Egypt

UAE-based private equity firm Gulf Capital has completed an investment worth $25 million in Egyptian firm Amak Group through its regional fund Gulf Credit Partners.


Amak provides petroleum services for the onshore and offshore sectors in Egypt,"......

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11 Oct 2014

Egypt's urban inflation hits 11.1% in September

Egypt's urban inflation registered annually increases 11.1 percent in September 2014, compared with September 2013, due to price hikes of strategic commodities, announced the statistical body CAPMAS on Thursday . The headline inflation rate rose by 2 percent month-on-month in September. Meanwhile, the inflation rate in the period January - September 2014 reached...

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11 Oct 2014

Egypt universities brace for protest wave

Egypt's public universities are bracing for the new academic semester starting Saturday as Islamist anti-government groups call for "intense revolutionary movement" on campus.


The National Alliance to Support Legitimacy (NASL), that deems former president Mohamed"......

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11 Oct 2014

Egypt to present 'big' projects at March economic meet

Egypt intends to present major projects at an international economic summit to be held in its resort coastal town of Sharm El Sheikh in March, the chairman of the Arab country's general authority for investment said in press comments on Thursday.


Hassan Fahmy told Egypt's Arabic"...

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