Business

Finance: Budget deficit at LE57.5 billion

Finance: Budget deficit at LE57.5 billion

According to a Finance Ministry report issued Monday covering the first half of the 2009/2010 fiscal year, total government expenditure…
Frozen poultry imports to counter rising prices

Frozen poultry imports to counter rising prices

Prices of local poultry have seen an unprecedented rise over the last few days, bringing the price of one kilogram…
Govt announces new price strategy for fresh milk

Govt announces new price strategy for fresh milk

The ministries of agriculture and trade are expected today to issue new prices for fresh milk supplied by farms to…
Ezz Steel raises wholesale prices

Ezz Steel raises wholesale prices

Ezz Steel raised its wholesale rebar prices by LE230 per ton in the largest single price increase since 2008. The…
Rachid: 2010 to be “hard year” for Egypt economy

Rachid: 2010 to be “hard year” for Egypt economy

In press statements made at the World Economic Forum that gathered in Davos, Switzerland Saturday, Trade and Industry Minister Rachid…
Navigation company workers halt sit-in

Navigation company workers halt sit-in

Around 600 workers at the Egyptian Navigation Company suspended their sit-in strike after management promised to pay overdue salaries and…
Govt to allow private ownership of power stations

Govt to allow private ownership of power stations

The government has decided to allow Egyptian and foreign private-sector companies to build and own central electric power stations in…
Boutrus-Ghali reviews real estate tax bill

Boutrus-Ghali reviews real estate tax bill

Finance Minister Youssef Boutrus-Ghali met with advisers and officials of the tax authority Thursday to review his proposed real estate…
17,000 new taxis hit streets

17,000 new taxis hit streets

Finance Minister Youssef Boutros-Ghali announced Wednesday that 17,000 new taxis had recently been delivered to their owners within the context…
Stock market rebounds after profit taking

Stock market rebounds after profit taking

Egypt's stock exchange climbed 1.5 percent Wednesday, with 135 company shares increasing in value and 26 decreasing in a day…
Back to top button