Business

Housing Ministry allocates land to 87,000 youth

Housing Ministry allocates land to 87,000 youth

Minister of Housing, Utilities and Urban Development Ahmed al-Maghrabi said his ministry has delivered plots of land to 98 percent…
Egyptian exchange sees highest rise in 4 months

Egyptian exchange sees highest rise in 4 months

Egypt’s stock exchange rose significantly yesterday in its first session following the Eid al-Fitr vacation, with foreign investors demonstrating an…
Egypt court rejects TMG Madinaty appeals, shares fall

Egypt court rejects TMG Madinaty appeals, shares fall

An Egyptian court upheld Tuesday a case canceling the sale of a 33 million-square-meter plot of government land on the…
August core annual inflation up, rates seen steady

August core annual inflation up, rates seen steady

Egypt's central bank said on Monday that core annual inflation rose to 8.2 percent in the year to August, but…
Importers request ministry’s permission to purchase Iranian wheat

Importers request ministry’s permission to purchase Iranian wheat

Egyptian importers have requested that the Trade Ministry allow the import of Iranian wheat in order to diversify the sources…
National plan to boost fodder production

National plan to boost fodder production

The Ministry of Agriculture has developed a national program to increase the cultivation of forage crops and to reduce the…
Direct foreign investment in Egypt down 16%

Direct foreign investment in Egypt down 16%

According to data released by the Central Bank of Egypt, direct foreign investment in Egypt in the fiscal year 2009/10…
Egypt offers 1580 acres for industrial projects

Egypt offers 1580 acres for industrial projects

Egypt, eager to nurture its manufacturing sector and increase exports, will tender 6.4 million square meters (1580 acres) of land…
Iran bans import of 48 agricultural products including Egyptian oranges

Iran bans import of 48 agricultural products including Egyptian oranges

Iran’s minister of agriculture has banned the import of 48 agricultural products from around the world, including Egyptian oranges. The…
Ministry of Trade issues import ban on 149 Chinese companies

Ministry of Trade issues import ban on 149 Chinese companies

Trade Minister Rachid Mohamed Rachid has issued a ban on the import of products from 149 Chinese suppliers. The prohibition…
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