Business
Govt report says food prices up in September
October 23, 2011
Govt report says food prices up in September
Prices of several food commodities in September were higher than during the same period in 2010, according to a government report released…
Egypt says will include Ukraine wheat in tenders
October 22, 2011
Egypt says will include Ukraine wheat in tenders
Egypt's main state wheat buyer, the General Authority for Supply Commodities (GASC), said it will include wheat of Ukrainian origin…
Egypt, Turkey to launch new shipping line by December
October 20, 2011
Egypt, Turkey to launch new shipping line by December
A new shipping line will conduct operations between Alexandria and the Turkish port of Mercin by December, Egypt's Minister of…
Meat prices in Egypt expected to rise before Eid al-Adha holiday
October 18, 2011
Meat prices in Egypt expected to rise before Eid al-Adha holiday
The price of meat per kilo is expected to increase in the run up to the Eid al-Adha holiday, according…
Egypt’s Mobinil says customer boycott subsides
October 16, 2011
Egypt’s Mobinil says customer boycott subsides
The number of subscribers cancelling their Mobinil subscriptions has tumbled from a peak earlier this year when some customers took…
Unit of Egypt’s OCI wins a US$578 million mall contract
October 16, 2011
Unit of Egypt’s OCI wins a US$578 million mall contract
A unit of Egypt's Orascom Construction won the main US$578 million construction contract to build a mall in the capital…
For social justice, government must reform fuel subsidies
October 16, 2011
For social justice, government must reform fuel subsidies
If Egypt is to achieve social justice and an efficient economy, the government must strengthen its regulatory capacity, remove subsidies…
Finance Ministry allocates LE11 billion for govt to buy local wheat
October 14, 2011
Finance Ministry allocates LE11 billion for govt to buy local wheat
The Finance Ministry has allocated more than 11LE billion for other government ministries to buy wheat from farmers this fiscal…
Switzerland promises to expedite return of frozen funds
October 13, 2011
Switzerland promises to expedite return of frozen funds
The Swiss authorities have promised to expedite procedures for returning some SF770 million in frozen funds to Egypt, Tunisia and…
Cairo hotel occupancy down 11%
October 11, 2011
Cairo hotel occupancy down 11%
Cairo hotels occupancy dropped by 11 percent, affected by the violence at Maspero on Sunday, said Osama al-Ashry, undersecretary of…