Business
Minister: Projected tourist bookings down 65% following shark attacks
December 29, 2010
Minister: Projected tourist bookings down 65% following shark attacks
Egypt's projected tourist bookings in 2011 have fallen by an estimated 65 percent due to the recent spate of shark…
Egypt fierce weather closes five ports
December 29, 2010
Egypt fierce weather closes five ports
Egyptian officials said that five ports have been closed on the Red Sea Wednesday due to the bad weather Egypt…
Delay in ration cards due to truckers strike
December 29, 2010
Delay in ration cards due to truckers strike
A delay can be expected in the distribution of food ration cards to Upper Egyptian citizens in light of a…
No flaws in General Motors vehicles in Egypt, says govt agency
December 29, 2010
No flaws in General Motors vehicles in Egypt, says govt agency
The Consumer Protection Agency (CPA) has announced that US automobile manufacturer General Motors (GM) will not include Egyptian markets in…
Govt grants new steel-manufacturing licenses to four companies
December 28, 2010
Govt grants new steel-manufacturing licenses to four companies
Port Said National Company for Steel, Minya's IIC for Steel Plants Management, 6 October's Al-Marakbi and Assiut’s Al-Wataniya have all…
Orascom to refer Algerian tax demands to international arbitration
December 28, 2010
Orascom to refer Algerian tax demands to international arbitration
Orascom Telecom Holding (OTH) plans to resort to international arbitration after the Algerian government levied additional taxes on Djezzy, the…
Zambia requests Egyptian energy assistance
December 28, 2010
Zambia requests Egyptian energy assistance
Zambian Minister of Energy Kenneth Konga on Tuesday requested Egyptian assistance in developing the southern African nation's energy capacity.Konga said…
Arabs earmark US$1.32 billion for SMEs
December 28, 2010
Arabs earmark US$1.32 billion for SMEs
Egypt said on Tuesday it has secured US$1.32 billion to support small and medium enterprises in the Arab World. The…
Egypt to export gas to Turkey via Syria
December 28, 2010
Egypt to export gas to Turkey via Syria
Egypt will export gas to Turkey via Syria through the Arab Gas Pipeline, Syrian oil minister Sufian al-Allawi said on…
Negotiations for purchase of Omar Effendi from Saudi owner still ongoing
December 27, 2010
Negotiations for purchase of Omar Effendi from Saudi owner still ongoing
Negotiations for the sale of stake in iconic Egyptian department store Omar Effendi to an Egyptian