Business
Local gold prices still increasing
September 5, 2011
Local gold prices still increasing
Local gold prices are still soaring due to a global price hike, gold experts say. Amir Rezq, member of the…
Egypt to sign new gas deal with Jordan this month
September 5, 2011
Egypt to sign new gas deal with Jordan this month
An agreement to review prices for the Egyptian natural gas exports to Jordan will be signed this month, a senior…
Egypt destroys 4 million smuggled cigarettes
September 4, 2011
Egypt destroys 4 million smuggled cigarettes
The Port Said Customs Authority has announced that it destroyed four million cigarettes in August. The cigarettes were seized before…
Egypt Post employees continue strike
September 4, 2011
Egypt Post employees continue strike
Egypt Post employees have continued to strike in several governorates for the twelfth day in a row. They demand better…
Egypt’s OCI seen posting 33% rise in profit
September 4, 2011
Egypt’s OCI seen posting 33% rise in profit
Orascom Construction Industries, Egypt's biggest listed company, is expected to post a 33 percent increase in second-quarter net profit, according…
Egypt to resume gas exports to Jordan at new prices
September 4, 2011
Egypt to resume gas exports to Jordan at new prices
Egyptian natural gas exports to Jordan will resume soon under a new agreement with amended prices, a Jordanian government source…
New leadership targets ambitious growth for Egypt’s mines
September 3, 2011
New leadership targets ambitious growth for Egypt’s mines
Held back by bureaucracy and a mining law that hasn’t been updated since 1956, Egypt’s mines are expected to receive…
Egypt mulls new natural gas projects in Iraq
September 1, 2011
Egypt mulls new natural gas projects in Iraq
The Egyptian Natural Gas Holding Company (EGAS) is considering several new natural gas projects in Iraq in collaboration with Iraqi…
Analysts voice optimism for Egyptian investments in post-Qadhafi Libya
September 1, 2011
Analysts voice optimism for Egyptian investments in post-Qadhafi Libya
Analysts have predicted that Egyptian investments in Libya will be positively affected by the success of anti-regime rebels in ousting…
Gold price drops from LE306 to LE300
August 31, 2011
Gold price drops from LE306 to LE300
The price of 21-carat gold dropped from LE306 to LE300 on the local market on Tuesday, against the backdrop of…