Business
Minister unveils new agriculture plan to avert crop waste
November 7, 2010
Minister unveils new agriculture plan to avert crop waste
Egyptian Minister of Agriculture Amin Abaza, at a celebration held on the occasion of World Food Day, announced that his…
Bank official: CBE not behind Egypt pound surge against dollar
November 7, 2010
Bank official: CBE not behind Egypt pound surge against dollar
The recent jump in the Egyptian pound's value against the US dollar was not caused by intervention on the part…
Egypt’s elections presses economy, say experts
November 5, 2010
Egypt’s elections presses economy, say experts
Massive expenditure ahead of the parliamentary and presidential elections is slowing down the government’s ability to accelerate economic reforms, analysts…
Foreign experts demand decrease in Egyptian energy prices
November 5, 2010
Foreign experts demand decrease in Egyptian energy prices
Foreign experts and investors are demanding that Egypt lower its energy prices, saying that Egypt's prices are the second only…
Minister: LE7 billion spent on Toshka with few tangible returns
November 4, 2010
Minister: LE7 billion spent on Toshka with few tangible returns
Although the government has spent some LE7 billion on the Toshka land reclamation project, only 60,000 acres of land have…
Labor leader: Mubarak will intervene to resolve minimum wage controversy
November 4, 2010
Labor leader: Mubarak will intervene to resolve minimum wage controversy
Abdel Rahman Kheir, workers' representative at the National Council for Wages, said on Thursday that President Hosni Mubarak would intervene…
Egypt pound leaps against dollar after Fed move
November 4, 2010
Egypt pound leaps against dollar after Fed move
The Egyptian pound leaps as high as 5.71 against the dollar on Thursday from 5.7765 on Wednesday after the US…
Algeria says old Orascom Tel venture owes US$400,000
November 4, 2010
Algeria says old Orascom Tel venture owes US$400,000
Algiers--Orascom Telecom, locked in a bitter dispute with Algeria, owes the government there US$400,000 in debts left over from a…
Egyptian minister visits Baghdad to boost gas cooperation
November 4, 2010
Egyptian minister visits Baghdad to boost gas cooperation
Egyptian Minister of Petroleum Sameh Fahmy in a visit with Iraqi officials in Baghdad on Wednesday discussed expansion in natural…
Egypt climbs to 94th place on annual ‘Doing Business’ report
November 3, 2010
Egypt climbs to 94th place on annual ‘Doing Business’ report
Egypt has risen to 94th place out of 183 countries in the 2011 "Doing Business" report, issued jointly by the…