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Minister: Projected tourist bookings down 65% following shark attacks

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

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

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

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

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

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

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

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

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

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
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