CAIRO: Egypt's Industrial Development Authority announced it would not submit a proposal to make the Egyptian government a partner in Ezz Steel Company.
The authority had held a meeting to consider the court verdict that withdrew the licenses (...)
CAIRO: The Libyan Business Youth Association seeks to build economic relations with Egyptian businessmen to benefit from their experience in all fields, said the association's general organizer, Mohammed Karim.
Egyptian businessmen met with their (...)
CAIRO: Egyptian banks are on alert to execute a court verdict to withdraw the licenses from five top steel companies, according to the Metallurgical Industries Chamber.
The chamber said in a statement that banks have threatened to stop funding (...)
CAIRO: The Egyptian Industrial Development Authority submitted a proposal to make the Egyptian government a partner in Ezz Steel Company.
The company's former CEO, Ahmed Ezz, was recently sentenced to 10 years in prison for wasting public (...)
CAIRO: Egypt did not rule out the possibility of borrowing from the International Monetary Fund (IMF), said Hazem el-Beblawy, Egypt's recently appointed Minister of Finance. This announcement comes on the heels of Egypt's refusal of a $3 billion (...)