Business
Trade minister discusses bilateral trade with Kenyan counterpart
December 30, 2010
Trade minister discusses bilateral trade with Kenyan counterpart
Trade and Industry Minister Rachid Mohamed Rachid on Thursday discussed ways of boosting bilateral trade with Kenya at a meeting…
Egypt pound hits 5.8 to the dollar; food prices inch upwards
December 30, 2010
Egypt pound hits 5.8 to the dollar; food prices inch upwards
Food prices were subject to several incremental increases this year due to a corresponding rise in the value of the…
Study: 16.3 million Egyptians now live below poverty line
December 30, 2010
Study: 16.3 million Egyptians now live below poverty line
The number of Egyptians living below the poverty line in 2008 and 2009 amounted to 16.3 million, according to a…
Minister: Projected tourist bookings down 65% following shark attacks
December 29, 2010
Minister: Projected tourist bookings down 65% following shark attacks
Egypt's projected tourist bookings in 2011 have fallen by an estimated 65 percent due to the recent spate of shark…
Egypt fierce weather closes five ports
December 29, 2010
Egypt fierce weather closes five ports
Egyptian officials said that five ports have been closed on the Red Sea Wednesday due to the bad weather Egypt…
Delay in ration cards due to truckers strike
December 29, 2010
Delay in ration cards due to truckers strike
A delay can be expected in the distribution of food ration cards to Upper Egyptian citizens in light of a…
No flaws in General Motors vehicles in Egypt, says govt agency
December 29, 2010
No flaws in General Motors vehicles in Egypt, says govt agency
The Consumer Protection Agency (CPA) has announced that US automobile manufacturer General Motors (GM) will not include Egyptian markets in…
Govt grants new steel-manufacturing licenses to four companies
December 28, 2010
Govt grants new steel-manufacturing licenses to four companies
Port Said National Company for Steel, Minya's IIC for Steel Plants Management, 6 October's Al-Marakbi and Assiut’s Al-Wataniya have all…
Orascom to refer Algerian tax demands to international arbitration
December 28, 2010
Orascom to refer Algerian tax demands to international arbitration
Orascom Telecom Holding (OTH) plans to resort to international arbitration after the Algerian government levied additional taxes on Djezzy, the…
Zambia requests Egyptian energy assistance
December 28, 2010
Zambia requests Egyptian energy assistance
Zambian Minister of Energy Kenneth Konga on Tuesday requested Egyptian assistance in developing the southern African nation's energy capacity.Konga said…