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BG Group targets job cuts to rein in costs

Reuters – Oil and gas producer BG Group has begun offering voluntary redundancy to staff at its British headquarters, the company said, as it seeks to reduce headcount and trim costs. BG Group has been hit by lower than expected production rates, having downgraded output forecasts several times over the past two years, and is …

Daily News Egypt

The new world of export controls

By Dr. Paul Freedenberg and Dr. Michael R. Czinkota In the summer of 2009, President Obama announced a plan for a complete US export control reform (ECR).  Then Secretary of Defence Gates argued that the system was “overly complicated, contains too many redundancies, and in trying to protect too much, diminishes our ability to focus” …

Daily News Egypt

Euromoney: UK companies’ interest in Egypt is undiminished

In 2012 imports to the UK from Egypt totalled £624m and UK exports to Egypt were £921m; down significantly from two years earlier
The perception of Egypt generally in the UK and elsewhere is probably worse than it is in reality
Annulment of previous privatizations raises investors’ concerns

Joel Gulhane

The struggle: Egyptians obtaining foreign visas

It is summer time in Egypt, a season when many Egyptians prepare to travel abroad for a myriad of reasons, whether for tourism, business or studying. However, it is a struggle for many of them to get visas to certain destinations, including the European Union, the United Kingdom and the United States. Daily News Egypt explores the stories of some Egyptians and the problems they faced when dealing with foreign embassies.

Sarah El Masry