Business
Govt: Company may review gas prices if supplies to Israel continue
June 12, 2011
Govt: Company may review gas prices if supplies to Israel continue
Negotiations with the East Mediterranean Gas Company (EMG) to review the price of gas exports to Israel will continue until…
Petroleum Minister: Foreign companies committed to investments
June 12, 2011
Petroleum Minister: Foreign companies committed to investments
The majority of foreign companies in the field of oil and natural gas development and exploration are committed to their Egyptian investments,…
Food prices increased over 8 percent last week
June 12, 2011
Food prices increased over 8 percent last week
Last week, the Egyptian market experienced an 8 to 11 percent increase in the price of foodstuffs such as rice,…
Govt says it won’t relinquish national assets for debt relief
June 12, 2011
Govt says it won’t relinquish national assets for debt relief
Egypt’s government has ruled out the possibility of ceding public assets and companies in return for debt relief. Minister of…
Electricity supply to Jordan, Syria, and Lebanon interrupted
June 11, 2011
Electricity supply to Jordan, Syria, and Lebanon interrupted
The supply of electricity from Egypt to Jordan, Syria and Lebanon stopped on Friday after a truck carrying gasoline turned…
US asks Japan, Europe to waive Egypt’s debt
June 11, 2011
US asks Japan, Europe to waive Egypt’s debt
Washington--The US has asked Japan and European nations to forgive some of Egypt's debt to support a country seen as…
Egypt resumes natural gas supply to Israel
June 11, 2011
Egypt resumes natural gas supply to Israel
Jerusalem--Egypt resumed pumping natural gas to Israel on Friday after supplies were halted in April following an attack on a…
Analysts, business leaders critical of tax revisions
June 10, 2011
Analysts, business leaders critical of tax revisions
Caught between a capitalist logic to encourage investments in a slowing economy, and a revolutionary reality that demands immediate attention…
Irrigation minister: Allocation of LE450 million to solve summer planting problems
June 10, 2011
Irrigation minister: Allocation of LE450 million to solve summer planting problems
Minister of Water Resources and Irrigation Hussein al-Atfy announced the allocation of LE200 million to improve drainage networks and LE250…
American investors do not fear the Brotherhood rising to power
June 10, 2011
American investors do not fear the Brotherhood rising to power
At their meetings with government officials and business associations over the past two days, a number of American investors said…