Business
Local stocks of wheat, flour suffer due to truckers’ strike
December 22, 2010
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
December 22, 2010
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
December 22, 2010
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
December 22, 2010
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
December 22, 2010
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
December 22, 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
December 22, 2010
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
December 21, 2010
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
December 21, 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
December 21, 2010
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…