Business

IDA to supply Egyptian steel firms with 229 million cubic meters of gas

IDA to supply Egyptian steel firms with 229 million cubic meters of gas

Egypt's Industrial Development Authority (IDA) on Wednesday announced plans to supply four Egyptian steel companies that have recently obtained steel-production…
Turkey deploys TV star in hopes of luring Egyptian tourists

Turkey deploys TV star in hopes of luring Egyptian tourists

Kivanc Tatlitug, the Turkish soap opera star popularly known as "Muhannad," is expected to visit Cairo next month in an…
Rising food prices bring host of political risks

Rising food prices bring host of political risks

 London--Record food prices will hit the world's poorest hardest, raising the risk of riots, export bans, foreign-owned farmland expropriation and…
Egypt Govt prepares for importing Kenyan meat to reduce prices

Egypt Govt prepares for importing Kenyan meat to reduce prices

The Ministry of Agriculture is sending a veterinary mission to Kenya to inspect Kenyan slaughter houses in preparation for importing…
Egypt sees annualized Q4 GDP growth at 6-6.2 pct

Egypt sees annualized Q4 GDP growth at 6-6.2 pct

Egypt's economy is estimated to have grown by an annualised 6 to 6.2 percent in the October to December quarter,…
Rebar demand declining

Rebar demand declining

Rebar demand in Egypt has declined during the last few days, according to the general manager of the Metallurgical Industries…
International tender for Egyptian-Saudi power grid next month

International tender for Egyptian-Saudi power grid next month

The government plans to invite international bids for the establishment of an Egyptian-Saudi power grid link in February, Egyptian Electricity…
Egypt’s Mobinil to pay 9.19 EGP dividend, stock up

Egypt’s Mobinil to pay 9.19 EGP dividend, stock up

Egyptian mobile operator Mobinil EMOB.CA said on Wednesday its dividend for the first nine months of 2010 would nearly match…
Egyptian textiles producers hope to export more to US markets

Egyptian textiles producers hope to export more to US markets

On Monday, Alaa Arafa, head of Egypt's Textiles Export Council, said that
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