Business
Egypt revises GDP growth figures downwards
October 14, 2010
Egypt revises GDP growth figures downwards
Egypt revised its gross domestic product (GDP) growth figure for the April-June quarter to 5.4 percent from a previously stated…
Iran exports first petrochemicals to Egypt
October 14, 2010
Iran exports first petrochemicals to Egypt
Tehran--An Iranian official has said that Tehran has exported its petrochemicals to Egypt, a country with which it has still…
Govt, private sector to cultivate 1.5 million acres of Sudanese land
October 13, 2010
Govt, private sector to cultivate 1.5 million acres of Sudanese land
The Agriculture Ministry has announced plans to inject more funds into the Egyptian-Sudanese Joint Company to go towards the cultivation…
Trade Minister: Govt to devise new system for allocation of state land
October 13, 2010
Trade Minister: Govt to devise new system for allocation of state land
Trade and Industry Minister Rachid Mohamed Rachid on Tuesday announced that the government was in the process of devising a…
Egypt mobile subscribers stand at 60.3 million in July
October 13, 2010
Egypt mobile subscribers stand at 60.3 million in July
The number of mobile phone subscriptions in Egypt rose by a fifth in July from a year earlier, a state…
Prime Minister: Soaring food prices ‘outside government’s control’
October 12, 2010
Prime Minister: Soaring food prices ‘outside government’s control’
Soaring meat and vegetable prices represented a "seasonal phenomenon" caused by crop damage resulting from poor weather conditions and were…
Prime Minister blames vegetable price hikes on inclement weather
October 12, 2010
Prime Minister blames vegetable price hikes on inclement weather
Egyptian Prime Minister Ahmed Nazif blamed the recent increase in vegetable prices and a resultant rise in inflation on spoiled…
CBE: Annual inflation rate fell to 7.59% in September
October 12, 2010
CBE: Annual inflation rate fell to 7.59% in September
Egypt's basic inflation rate increased by 0.22 percent in September while the annual rate fell to 7.59 percent during the…
Soaring vegetable prices strain household budgets in governorates
October 11, 2010
Soaring vegetable prices strain household budgets in governorates
Vegetable prices continued to rise this week in governorates throughout Egypt, with per-kilo tomato prices reaching LE13; garlic LE9; cucumbers…
Egypt court sets date for TMG Madinaty challenge
October 11, 2010
Egypt court sets date for TMG Madinaty challenge
An Egyptian court will hear a lawsuit on 9 November challenging a government plan to end a row over Talaat…