The urge of the well-heeled to set themselves apart is especially intense in Egypt, where beaches reflect a clash of political, social and religious cultures.
Egypt is introducing a new pricing policy to phase out gas and electricity subsidies for energy intensive industries as the government seeks to create pricing predictability for investors and ensure its energy resources are effectively used.
Aug. 14 (Bloomberg) -- For years, Lamia Khalifa trudged across the sands under Egypt's scorching sun searching for a better life -- a better life on the beach, that is.
NEW YORK -(Dow Jones)- Wheat futures sailed to new contract highs Tuesday on a surprisingly large sale to Egypt and growing fears about tight global supplies, analysts said.
Local manufacturers may be headed for a reprieve as one of their biggest rivals in the robust Common Market for Eastern and Southern Africa (Comesa), Egypt, moves to abolish subsidies currently enjoyed by its industrialists.
India-based auto maker Mahindra & Mahindra has tied up with local partners in Brazil and Egypt to introduce its SUV, Scorpio, in both the markets.
Egypt and Qatar have signed a memorandum of understanding paving the way for an agreement on the construction of the largest industrial zone in Egypt.
CAIRO - Egypt announced on Tuesday big rises in the prices that energy-intensive industries will pay for their gas and electricity, through the gradual elimination of the subsidies they receive.
NBK wins bid for Egypt's Al-Watany Bank
KUWAIT, Aug 14 (Reuters) - National Bank of Kuwait (NBK), which won a bid to take over AlWatany Bank of Egypt on Monday, wants to increase its stake in the Egyptian lender to up to 100 percent, it said on Tuesday.