Egypt plans to offer US-dollar certificates of deposit (CD) to Egyptians living abroad at the beginning of March to help it raise foreign currency, al-Borsa newspaper on Tuesday quoted Finance Minister Mumtaz al-Saeed as saying.
February 21, 2012 4:18
Aldar Properties, bailed out twice by Abu Dhabi with rescue packages totalling over $10 billion, swung back into profit in 2011 on the back of land sales to the government and increased residential sales.
February 14, 2012 2:41
Egypt's cash-strapped government has approved a plan to raise $3 billion by selling state land to Egyptians living abroad, a government minister told reporters on Wednesday.
February 2, 2012 1:30
As Egypt builds its democracy identity amid lack of security that may hurt the country’s fragile economy and is prompting even citizens to buy their own firearms.
May 19, 2011 1:40
Land department confirms figures from January through to May.
June 23, 2010 2:23