Business

Workers, environment bear brunt in Sinai cement trade

Workers, environment bear brunt in Sinai cement trade

It is 3 pm, the time the workers of the Sinai Cement Company set off for home. Some are suffering…
Egypt launches $2-million project to limit industrial waste

Egypt launches $2-million project to limit industrial waste

Egypt has announced the launch of a $2-million project aimed at managing industrial waste and encouraging enterpreneurship.   The project…
Supply Ministry declares state of emergency ahead of Eid

Supply Ministry declares state of emergency ahead of Eid

Egypt's Ministry of Supply and Domestic Trade has declared a state of emergency ahead of Eid. Mahmoud Abdel Aziz, head…
Local Development Ministry to bolster financing for micro-projects

Local Development Ministry to bolster financing for micro-projects

Egypt's Minister of Local Development Adel Labib said on Wednesday that the ministry will continue to hand out short-term loans…
Stock exchange up LE1.4 billion

Stock exchange up LE1.4 billion

Stock exchange indices collectively rose by the end of Tuesday trading in Egypt, following a decline in the last four…
Egypt to push ahead with smart cards for gasoline

Egypt to push ahead with smart cards for gasoline

The new Egyptian government will press ahead with a smart card program for distributing fuel products that its predecessor had…
Stock market falls for a fourth straight day

Stock market falls for a fourth straight day

The Egyptian stock market continued to fall for a fourth consecutive session and its benchmark index EGX30 dropped by 0.58…
Egypt’s new finance minister plans stimulus, not austerity

Egypt’s new finance minister plans stimulus, not austerity

Egypt interim government will seek to avoid major austerity measures and instead work to stimulate the economy by improving security…
IMF says still not talking to Egypt’s interim government

IMF says still not talking to Egypt’s interim government

WASHINGTON - The International Monetary Fund said on Thursday it will not engage in talks about a possible $4.8 billion…
Supply Ministry to import 240,000 tonnes of wheat

Supply Ministry to import 240,000 tonnes of wheat

The Ministry of Supply on Wednesday held an international tender to import 240,000 tonnes of wheat from Romania, Ukraine and…
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