Business
Government considers raising electricity prices for high consumers
September 30, 2012
Government considers raising electricity prices for high consumers
The government is considering raising electricity prices for the highest consumption sectors, Electricity and Energy Minister Saad Mahmoud Balbaa said…
New mobile gas stations will alleviate long lines, says minister
September 27, 2012
New mobile gas stations will alleviate long lines, says minister
Petroleum Minister Osama Kamal announced on Thursday that private fuel companies would begin setting up mobile fuel stations in…
Lost in the shuffle: Small businesses continue to bear brunt of economic downturn
September 27, 2012
Lost in the shuffle: Small businesses continue to bear brunt of economic downturn
It’s been a hard year for Mohamed al-Kady, owner of a small clothing factory in Heliopolis. The months of unrest…
Egypt buys 300,000 tons French, Romanian wheat
September 26, 2012
Egypt buys 300,000 tons French, Romanian wheat
Egypt, the world's largest wheat importer, has bought 300,000 tons of French and Romanian wheat for 1-10 December shipment on…
Positive signs for the economy, says PM
September 26, 2012
Positive signs for the economy, says PM
Prime Minister Hesham Qandil said there are positive signs for the economy on Wednesday, pointing to Standard & Poor's rating…
Qandil: Egypt should have a ‘knowledge-based economy’
September 26, 2012
Qandil: Egypt should have a ‘knowledge-based economy’
Prime Minister Hesham Qandil said Wednesday that the government’s top priorities are security and economic and job growth. He added…
Spain-funded UN project seeks to aid Egyptian farmers
September 26, 2012
Spain-funded UN project seeks to aid Egyptian farmers
The Ministry of Industry and Trade is considering a US$7.5 million agricultural project in Upper Egypt that would be funded…
Cabinet to announce new wheat prices for subsidized bread Sunday
September 25, 2012
Cabinet to announce new wheat prices for subsidized bread Sunday
The Cabinet is expected on Sunday to announce new prices for wheat allocated to producing subsidized bread, according to a…
Egypt seeks to amend trade agreement with US, Israel
September 24, 2012
Egypt seeks to amend trade agreement with US, Israel
Egypt has entered negotiations with the United States and Israel to amend the Qualified Industrial Zones (QIZ) trade agreement, said…
USAID loan promises small businesses help, but without a guarantee
September 24, 2012
USAID loan promises small businesses help, but without a guarantee
In a visit to Egypt in late August, US Under Secretary of State Robert Hormats announced a US$34 million loan…