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Read Sea governor urges regulations on local fishing industry

Read Sea governor urges regulations on local fishing industry

Red Sea Governor Magdy Qoubeissy has urged local fishermen to pursue work in the tourism field, citing a severe declined…
Egypt November inflation dips to lowest in 15 months

Egypt November inflation dips to lowest in 15 months

Urban consumer price inflation in Egypt fell in the year to November to its lowest in 15 months, giving the…
Culture Ministry solicits bids for Grand Egypt Museum’s final stage

Culture Ministry solicits bids for Grand Egypt Museum’s final stage

The Ministry of Culture solicited bids on Thursday from four specialized companies that had won an international competition for carrying…
Egyptian wheat reserves enough to combat crisis

Egyptian wheat reserves enough to combat crisis

Egypt's strategic wheat reserves remain capable of combating Egypt's persistent wheat crisis, the Ministry of Trade and Industry recently said.…
Chambers of commerce: Sugar prices won’t decrease substantially

Chambers of commerce: Sugar prices won’t decrease substantially

“Sugar prices may not go up drastically,” said Chambers of Commerce Federation President Ahmed al-Wakil. “But they won’t go down…
CBE: Egypt’s forex reserves reach US$35.57 bn in November

CBE: Egypt’s forex reserves reach US$35.57 bn in November

Egypt's foreign currency reserves amounted to US$35.57 billion as of late November compared to US$35.545 billion one month earlier, the…
Egypt and Uganda sign agreement on power investment

Egypt and Uganda sign agreement on power investment

Egypt and Uganda on Monday signed a partnership agreement for investment in the field of power generation and distribution in…
Fog brings Suez Canal traffic to temporary standstill

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

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

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…
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