Business
Global trade body urges Egypt to abolish energy subsidies
September 27, 2010
Global trade body urges Egypt to abolish energy subsidies
Michele Ruta, economy expert at the research and statistics division of the International Trade Organization (ITO), has called on the…
Japan and World Bank to develop Egypt’s water and sewage systems
September 27, 2010
Japan and World Bank to develop Egypt’s water and sewage systems
The World Bank (WB) and Japan announced they are preparing a plan to help Egypt develop its drinking and waste…
Report: Local fruit, vegetable production down 70% on year
September 26, 2010
Report: Local fruit, vegetable production down 70% on year
Local production of fruits and vegetables has fallen by more than 70 percent compared to last year, according to a…
Saudi prince cultivated only 1% of his Toshka Project land
September 26, 2010
Saudi prince cultivated only 1% of his Toshka Project land
Ibrahim al-Agami, executive director for the General Authority for Reconstruction Projects and Agricultural Development, an affiliate of the Ministry of…
Experts anticipate 40% increase in airfares next year
September 26, 2010
Experts anticipate 40% increase in airfares next year
Aviation officials have confirmed ticket prices will increase by 30-40 percent in 2011. They attributed the rise to expectations that…
US report: Egypt has large reserves of natural gas
September 26, 2010
US report: Egypt has large reserves of natural gas
The Deputy of Investment Affairs for the Ministry of Petroleum Ahmed Ashmawi announced that Egypt will move to sixth place…
Mubarak accepts Mohieldin’s resignation, Rachid to lead Ministry of Investment
September 25, 2010
Mubarak accepts Mohieldin’s resignation, Rachid to lead Ministry of Investment
Minister of Investment Mahmoud Mohieldin announced that he will attend his last official meeting as minister next Sunday, as part…
TMG resists proposal to purchase land at marked-up prices
September 23, 2010
TMG resists proposal to purchase land at marked-up prices
The Talaat Mustafa Group (TMG), owner of land earmarked for the Madinaty urban development project, welcomed recommendations made by a…
Egypt’s PM: Madinaty land to be reallocated to TMG
September 23, 2010
Egypt’s PM: Madinaty land to be reallocated to TMG
Egypt's Prime Minister said on Thursday the government would reallocate the land for Talaat Moustafa's Madinaty project back to the…
Egyptian economy to grow by 6% by next year, says prime minister
September 23, 2010
Egyptian economy to grow by 6% by next year, says prime minister
Egyptian Prime Minister Ahmed Nazif on Thursday said Egypt will enjoy a growth rate of 6 percent by the end…