Business
Fourth mobile license dossier withdrawn from communications minister
May 28, 2014
Fourth mobile license dossier withdrawn from communications minister
The dossier of the fourth mobile phone license, which the sole landline operator Telecom Egypt intends to win, has been…
Scout wheat fields hit record in 2014
May 27, 2014
Scout wheat fields hit record in 2014
Minister of Agriculture and Land Reclamation Ayman Farid Abu Hadid said the scout wheat fields hit for the first time…
UAE, Egypt award deals to build two wheat silos
May 26, 2014
UAE, Egypt award deals to build two wheat silos
The United Arab Emirates and Egypt have awarded contracts to build two wheat silos in northern Egypt as part of…
Cabinet seeks approval of draft budget from interim president
May 26, 2014
Cabinet seeks approval of draft budget from interim president
Egypt's cabinet referred the draft budget for the 2014-2015 fiscal year to President Adly Mansour for approval. Egypt's fiscal year begins…
Stock market loses LE2.2 bn
May 25, 2014
Stock market loses LE2.2 bn
Dealings in the stock market were volatile in the first trading session of the week, with Arab and foreign investors…
Official: Gas shortage for electricity will not be resolved before September
May 25, 2014
Official: Gas shortage for electricity will not be resolved before September
A Petroleum Ministry official said that the shortage of gas needed for power plants will not be resolved before the…
Minister: 8 million tons of wheat produced during current season
May 24, 2014
Minister: 8 million tons of wheat produced during current season
Egypt has planted more than 3 million acres of land with wheat during the current season, Minister of Agriculture Ayman…
43,000 tons of coal from the United States and Poland arrive in Alexandria
May 23, 2014
43,000 tons of coal from the United States and Poland arrive in Alexandria
A shipment of 35,000 tons of coal arrived at the port of Alexandria from the United States and another 8,000…
Analysts expect dollar to reach 8 pounds
May 22, 2014
Analysts expect dollar to reach 8 pounds
Egyptian financial analysts expected the dollar to continue rising against the Egyptian pound on the official and black markets to…
ADB: Credit rating of Egypt and Tunisia limits their borrowing
May 22, 2014
ADB: Credit rating of Egypt and Tunisia limits their borrowing
Donald Kaberuka, head of the African Development Bank (ADB), said on Thursday that the low credit rating of Egypt and…