Business

Govt orders jewelers to install anti-theft systems or close shop

Govt orders jewelers to install anti-theft systems or close shop

The Local Development Ministry in coordination with local authorities on Tuesday ordered jewelers to install surveillance cameras and alarm systems…
Egypt natgas supplies to Israel resume after blast

Egypt natgas supplies to Israel resume after blast

JERUSALEM — Natural gas supplies from Egypt to Israel resumed on Tuesday after a pipeline explosion earlier this month halted delivery,…
Computer sales plunge 40% in 2011

Computer sales plunge 40% in 2011

Computer sales fell by 40 percent last year compared to the year before, with 350,000 computers sold in 2011 versus…
Electricity Ministry stops subsidizing energy-intensive factories

Electricity Ministry stops subsidizing energy-intensive factories

Electricity Minister Hassan Younis on Monday said the ministry stopped subsidizing energy for intensive-consumption factories, such as those producing petrochemicals,…
Customers cut mobile phone services in bad economy

Customers cut mobile phone services in bad economy

The number of customers accessing the internet through mobile phone networks declined significantly in past months, according to a government…
EU opens door to ‘debt relief’ for North Africa

EU opens door to ‘debt relief’ for North Africa

BRUSSELS — European governments have opened the way for a radical offer of "debt relief" for Arab North African and…
Telecom Egypt says 2011 net profit declined 6.8%

Telecom Egypt says 2011 net profit declined 6.8%

Landline monopoly Telecom Egypt said on Thursday its 2011 net profit fell 6.8 percent year on year to LE2.93 billion.…
Available LPG cylinders exceed 10 percent of market needs, say Egyptian authorities

Available LPG cylinders exceed 10 percent of market needs, say Egyptian authorities

The 1.3 million liquefied petroleum gas (LPG) cylinders available nationwide for the month of February exceeds market needs by 10…
Italian FM discusses Syria, promises more investments in Egypt

Italian FM discusses Syria, promises more investments in Egypt

Italian companies plan to increase their investments in Egypt, Foreign Minister Mohamed Kamel Amr said Tuesday.
Central Bank sells more dollar T-bills than it sought

Central Bank sells more dollar T-bills than it sought

The Central Bank of Egypt said it sold more one-year US-dollar-denominated treasury bills on Tuesday than it had sought and…
Back to top button