Business
Fog brings Suez Canal traffic to temporary standstill
December 5, 2010
Fog brings Suez Canal traffic to temporary standstill
Ferries between Port Said and Port Fouad had to dock due to heavy fog that blurred visibility for 20 meters,…
Egypt’s Mobinil 200,000 clients sign up for mobile ads
December 4, 2010
Egypt’s Mobinil 200,000 clients sign up for mobile ads
Paris--The long awaited uptake of the potentially lucrative mobile advertising market by advertisers and consumers has actually started to happen,…
Vimpelcom close to mandating US$4 bln loan
December 4, 2010
Vimpelcom close to mandating US$4 bln loan
London--Russian telecom Vimpelcom is expected to mandate banks imminently to arrange a US$4 billion loan to part finance its US$6.6…
Egyptian investors in Sudan brace for looming referendum on south
December 3, 2010
Egyptian investors in Sudan brace for looming referendum on south
Egyptian companies with investments in Sudan are considering several possible scenarios for dealing with the outcome of a 9 January…
Govt mulls financing nuke program with international bond offer
December 2, 2010
Govt mulls financing nuke program with international bond offer
Ali Eddin Helal, media secretary of Egypt's
Minister of Trade calls for eliminating corruption
December 2, 2010
Minister of Trade calls for eliminating corruption
Minister of Industry and Trade Rachid Mohamed Rachid on Wednesday welcomed steps by authorities to institute a commercial code of…
Egypt keeps gas exports steady in 2010 amid low prices
December 2, 2010
Egypt keeps gas exports steady in 2010 amid low prices
Doha--Egypt's gas exports this year will be unchanged from 2009, as the low prices do not encourage further sales, the…
Public, private sector jobs ops fall by 46% in October
December 1, 2010
Public, private sector jobs ops fall by 46% in October
A Cabinet Information Center report revealed a 46 percent drop in the number of public and private sector job opportunities…
Tax Authority seizes Omar Effendi bank funds for unpaid taxes
December 1, 2010
Tax Authority seizes Omar Effendi bank funds for unpaid taxes
Head of the Omar Effendi workers syndicate Mohamed Gobaily announced that the Tax Authority had seized control of the department…
Egypt and Iran strike deal to salvage joint firm
December 1, 2010
Egypt and Iran strike deal to salvage joint firm
Egyptian and Iranian officials have reached a deal to restructure the Egypt-Iran Company for Spinning and Weaving, after Egypt failed…