Business

Egypt to reduce time and cost of container release at customs ports

Egypt to reduce time and cost of container release at customs ports

Egypt plans to reduce the time and cost of container release in a move to improve performance levels at customs…
NTRA renews Vodafone and Mobinil operators licenses to 2031

NTRA renews Vodafone and Mobinil operators licenses to 2031

Al-Masry Al-Youm has obtained the draft of licenses for international telecommunications granted by the National Telecommuncication Regulatory Auhtority to cell…
UNIDO to support Egypt increase essential oils exports

UNIDO to support Egypt increase essential oils exports

The United Nations Industrial Development Organization (UNIDO) is aiming to support Egypt to increase essential oils exports through the “Upgrading…
Minister: Egypt to impose protective tariffs on steel rebar imports

Minister: Egypt to impose protective tariffs on steel rebar imports

Egypt will impose temporary tariffs by 7.3 percent to protect national steel rebar industry from cheap foreign imports, the Industry and…
Global markets leads stocks sell off; EGX30 down by 2.6% on Tuesday

Global markets leads stocks sell off; EGX30 down by 2.6% on Tuesday

The Egyptian stocks market further declined on Tuesday’s session as it is still affected by the negative performance of global…
Egypt’s Steel rebar prices increase 5.9% in September

Egypt’s Steel rebar prices increase 5.9% in September

Egypt's Steel rebar prices increased by 5,9 percent in Septemer.2014, reaching an average of LE5315.50 per ton, compared to LE5,017.80 in…
Cabinet raises subsidized fertilizer prices by 33%

Cabinet raises subsidized fertilizer prices by 33%

The ministries of Industry and Trade, Investment, oil and agriculture decided to raise the prices of subsidized fertilizers by 33…
Egypt seeking a US$1 billion loan to repay oil debts before the end of 2014

Egypt seeking a US$1 billion loan to repay oil debts before the end of 2014

The state-owned Egyptian General Petroleum Corporation (EGPC) is looking to borrow at least US$1 billion before the end of the…
EGX extends bearish performance, sheds LE2.4 bn on Monday

EGX extends bearish performance, sheds LE2.4 bn on Monday

The Egyptian stock exchange main index EGX30 continued the negative performance as stocks continued declining, the market tried to recover…
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