Business

Local stocks of wheat, flour suffer due to truckers’ strike

Local stocks of wheat, flour suffer due to truckers’ strike

Wheat stocks at local flour mills are being rapidly depleted due to a countrywide truck drivers’ strike--now in its 13th…
Trade minister calls for ‘identifying, removing’ obstacles to investment

Trade minister calls for ‘identifying, removing’ obstacles to investment

Trade and Industry Minister Rachid Mohamed Rachid has called for "identifying and removing" the obstacles that currently impede foreign investment…
Egypt announces tender for 4 wind power stations

Egypt announces tender for 4 wind power stations

Electricity Ministry officials have announced an invitation for local and foreign investors to proffer tenders to build four wind power…
Etisalat Egypt branch secures US$1.2 billion loan

Etisalat Egypt branch secures US$1.2 billion loan

The Egyptian branch of UAE-based mobile and internet service provider Etisalat has signed an LE7.2 billion (US$1.24 billion) loan agreement…
Egypt exports up 22% in September

Egypt exports up 22% in September

Egyptian exports are valued at LE12.2 billion this September, a rise of 22 percent (LE10 billion) compared with the same…
Turkish tourist rates for Egypt rise in 2010

Turkish tourist rates for Egypt rise in 2010

Turkish tourist rates for Egyptian destinations between January and September 2010 increased by 35.4 percent compared with the same period…
20 states establish cross-Mediterranean power network

20 states establish cross-Mediterranean power network

International representatives in Amman, Jordan have declared the establishment of Med Grid, a gathering of 20 European and Arab states…
Global financial crisis delays slashing of Egyptian budget deficit

Global financial crisis delays slashing of Egyptian budget deficit

The international financial crisis will prevent regulatory officials from cutting Egypt's budget deficit to the targeted 3 percent in 2011,…
Egypt announces a 11.4% rise in Suez Canal revenues in 2010

Egypt announces a 11.4% rise in Suez Canal revenues in 2010

Egypt’s Suez Canal Authority declared a 11.4 percent rise in the canal revenues during 2010 as compared with 2009. Head…
Govt to devise local strategy to keep wheat at safe levels

Govt to devise local strategy to keep wheat at safe levels

The Ministry of Social Solidarity said authorities are developing a new strategy to encourage farmers to supply locally-grown wheat to…
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