Business
Egypt, Syria to launch negotiations over joint customs union
December 23, 2010
Egypt, Syria to launch negotiations over joint customs union
Egyptian Trade and Industry Minister Rachid Mohamed Rachid on Thursday announced the formation of a committee mandated with conducting negotiations…
Egypt to establish joint industrial zone in Libya
December 23, 2010
Egypt to establish joint industrial zone in Libya
Egyptian and Libyan governments agreed on establishing a joint industrial zone in Libya, said Minister of Trade and Industry Mohammed…
Egypt eyes urban expansion by 2022, minister says
December 23, 2010
Egypt eyes urban expansion by 2022, minister says
Egypt seeks to establish 60 new urban communities and cities by 2022, Minister of Housing Mohamed al-Maghrabi told reporters on…
Egypt seeks annual investment of US$10 billion
December 23, 2010
Egypt seeks annual investment of US$10 billion
Prime Minister Ahmed Nazif on Wednesday met with cabinet members and Central Bank of Egypt officials to outline the upcoming…
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…