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Railway workers’ strike paralyzes traffic in 6 governorates

Railway workers’ strike paralyzes traffic in 6 governorates

Train traffic in Cairo and five Nile Delta governorates came to a complete halt on Wednesday morning, as railway workers…
Cabinet approves draft law on development of Sinai

Cabinet approves draft law on development of Sinai

The cabinet approved a draft law on Wednesday concerning the development of industry and infrastructure in Sinai, and the transfer…
Naguib Sawiris says he will not sell his Mobinil shares

Naguib Sawiris says he will not sell his Mobinil shares

Egyptian telecoms magnate Naguib Sawiris said on Wednesday he had no plans to sell shares in Mobinil, a mobile phone…
Lifting energy subsidies won’t harm industry, official says

Lifting energy subsidies won’t harm industry, official says

Egyptian industry will not be affected if the government decides to lift energy subsidies, said Industrial Devleopment Authority Chief Ismail…
Egypt mulls removing energy subsidies for certain industries

Egypt mulls removing energy subsidies for certain industries

The government is considering removing its energy subsidies to the steel, cement, fertilizers, and ceramics industries, said Deputy Prime Minister…
Egypt’s exports to Nile Basin rise by a quarter in 2010

Egypt’s exports to Nile Basin rise by a quarter in 2010

Egyptian exports to Nile Basin countries have risen by almost a quarter in 2010 compared to the year before, according…
Investors warn of decline in Egyptian exports due to US debt crisis

Investors warn of decline in Egyptian exports due to US debt crisis

Investors and government officials in Egypt on Monday warned that the country's exports to the US and the European Union…
Sharm el-Sheikh celebrates Mubarak’s departure

Sharm el-Sheikh celebrates Mubarak’s departure

Sharm el-Sheikh, Egypt’s tourism capital, breathed a sigh of relief last week when former President Hosni Mubarak was transported to…
Sinai residents to be compensated for damage caused by pipeline explosion

Sinai residents to be compensated for damage caused by pipeline explosion

The Egyptian Natural Gas Company (GASCO) will compensate North Sinai residents who were affected by last month’s attack on the…
Egypt accepts US$2 billion from World Bank

Egypt accepts US$2 billion from World Bank

The Ministry of International Cooperation has accepted US$2 billion in grants and loans from the World Bank under the Partnership…
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