Business

Mobinil may raise funds via bond or loan

Mobinil may raise funds via bond or loan

Mobinil, which leads the Egyptian mobile market by subscriber numbers, said on Tuesday it could raise funds to finance expansion…
Egypt’s pound weakens to five-year low vs dollar

Egypt’s pound weakens to five-year low vs dollar

The Egyptian pound weakened on Tuesday to its lowest point against the dollar since July 2005, trading as low as…
Ministries stipulate land allocation financing

Ministries stipulate land allocation financing

The Ministry of Housing, Utilities and Urban Development agreed to allocate land in newly established industrial zones to the Ministry…
Egypt officials, US experts to discuss administration of planned nuclear program

Egypt officials, US experts to discuss administration of planned nuclear program

Several American experts have arranged to meet with their Egyptian counterparts to assist the latter in preparing an administration for…
Ministerial committee to review legislation on allocation of state-owned land

Ministerial committee to review legislation on allocation of state-owned land

The supreme ministerial committee charged with introducing new legislation on the management of state-owned land met on Sunday to discuss…
Eastern desert project promises to revitalize mining and gold industries

Eastern desert project promises to revitalize mining and gold industries

Egypt's Gabal al-Sokkary mine project is an important step for both the mining and gold industries, Minister of Petroleum Sameh…
Agriculture Ministry weighs benefits of growing American cotton

Agriculture Ministry weighs benefits of growing American cotton

The Ministry of Agriculture is currently examining the possibility of growing some types of American short-staple cotton in Toshka and…
Government plans to raise individual incomes to US$15,000 by 2017

Government plans to raise individual incomes to US$15,000 by 2017

The government is seeking to raise the average annual per capita income to US$15,000 by 2016/2017--the level of income in…
Red Sea dive boat fleet: Some assembly required

Red Sea dive boat fleet: Some assembly required

Hurghada--The grinding of saws and pounding of mallets echoes through Hurghada’s shipyards, where dive boats are stripped down to their…
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