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Toyota to manufacture in Egypt from 2012

Toyota to manufacture in Egypt from 2012

Japanese car maker Toyota has decided to manufacture its cars in Egypt starting 2012, said Minister of Trade and Industry…
Egypt to receive bids for nuclear power station this month

Egypt to receive bids for nuclear power station this month

Cabinet speaker Magdy Radi this week quoted Prime Minister Ahmed Nazif as saying that Egypt would receive bids for the…
Egypt to increase local wheat production in light of rising global prices

Egypt to increase local wheat production in light of rising global prices

Egyptian authorities on Thursday said Egypt will enhance local wheat production due to global price increases. Ministry of Trade and…
Read Sea governor urges regulations on local fishing industry

Read Sea governor urges regulations on local fishing industry

Red Sea Governor Magdy Qoubeissy has urged local fishermen to pursue work in the tourism field, citing a severe declined…
Egypt November inflation dips to lowest in 15 months

Egypt November inflation dips to lowest in 15 months

Urban consumer price inflation in Egypt fell in the year to November to its lowest in 15 months, giving the…
Culture Ministry solicits bids for Grand Egypt Museum’s final stage

Culture Ministry solicits bids for Grand Egypt Museum’s final stage

The Ministry of Culture solicited bids on Thursday from four specialized companies that had won an international competition for carrying…
Egyptian wheat reserves enough to combat crisis

Egyptian wheat reserves enough to combat crisis

Egypt's strategic wheat reserves remain capable of combating Egypt's persistent wheat crisis, the Ministry of Trade and Industry recently said.…
Chambers of commerce: Sugar prices won’t decrease substantially

Chambers of commerce: Sugar prices won’t decrease substantially

“Sugar prices may not go up drastically,” said Chambers of Commerce Federation President Ahmed al-Wakil. “But they won’t go down…
CBE: Egypt’s forex reserves reach US$35.57 bn in November

CBE: Egypt’s forex reserves reach US$35.57 bn in November

Egypt's foreign currency reserves amounted to US$35.57 billion as of late November compared to US$35.545 billion one month earlier, the…
Egypt and Uganda sign agreement on power investment

Egypt and Uganda sign agreement on power investment

Egypt and Uganda on Monday signed a partnership agreement for investment in the field of power generation and distribution in…
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