Business
Cabinet eases limits on carrying cash to and from Egypt
March 13, 2013
Cabinet eases limits on carrying cash to and from Egypt
Egypt said on Wednesday it was easing limits on travelers bringing currency in and out of the country and said…
Government mulls regulating cement prices
March 13, 2013
Government mulls regulating cement prices
The government is mulling regulating the price of cement temporarily to promote fairness and curb price fixing.
Stock exchange sees capital market losses worth LE4.3 billion
March 13, 2013
Stock exchange sees capital market losses worth LE4.3 billion
The Egyptian Stock Exchange’s EGX30 index fell 1.61 percent, or 5.17 points, on Wednesday as unrest continues to plague the…
US to export wheat to Egypt
March 13, 2013
US to export wheat to Egypt
The United States Department of Agriculture has approved wheat exports to Egypt under a credit guarantee program, according to Ashraf…
Ministry expectes LE300 bn worth of investments next year
March 12, 2013
Ministry expectes LE300 bn worth of investments next year
Minister of Planning and International Cooperation Ashraf al-Araby said that the volume of governmental and private investments is expected to…
IMF: Emergency loan an option for Egypt
March 11, 2013
IMF: Emergency loan an option for Egypt
The International Monetary Fund said Monday that it could provide an emergency short-term loan to Egypt if needed, as…
Diesel supplies raised to face crisis, says supply ministry spokesperson
March 11, 2013
Diesel supplies raised to face crisis, says supply ministry spokesperson
The Supply and Petroleum Ministries have agreed to raise the daily amount of diesel delivered to the market from 32,000…