Business
Fate of Investment Ministry to be decided after election
November 30, 2010
Fate of Investment Ministry to be decided after election
The fate of the Ministry of Investment will be decided after the conclusion of the parliamentary election, Minister of Trade…
Egypt’s pound falls to five-year low against dollar
November 29, 2010
Egypt’s pound falls to five-year low against dollar
The Egyptian pound fell to its lowest against the dollar since July 2005 on Monday after weeks of volatility that…
Egypt says no increase in amount of natural gas to Israel
November 27, 2010
Egypt says no increase in amount of natural gas to Israel
Egypt will not sell more natural gas to Israel than the amount the latter already receives, an Egyptian official source…
Qtel Chairman: Tunisiana deal finalization may be answer to Djezzy problem
November 25, 2010
Qtel Chairman: Tunisiana deal finalization may be answer to Djezzy problem
The Qatari Qtel Group finalized its arrangements with Orascom Telecom Holding (OT) to acquire the latter’s final remaining shares in…
Tourism company loses license after 8 die on trip
November 25, 2010
Tourism company loses license after 8 die on trip
The Egyptian Department of Tourism on Thursday revoked the license of the company involved in a fatal tour bus accident…
Egypt to import seed potatoes from US to combat shortages
November 25, 2010
Egypt to import seed potatoes from US to combat shortages
The Egyptian Ministry of Agriculture approved importing seed potatoes from the US to meet the needs of potato farmers as…
GASC says wheat must be checked at source by Egypt
November 25, 2010
GASC says wheat must be checked at source by Egypt
Egypt, the world's largest wheat importer, said on Thursday an Egyptian quarantine representative must travel to the wheat source to…
Central Bank report shows significant spike in foreign reserves
November 24, 2010
Central Bank report shows significant spike in foreign reserves
A monthly Central Bank of Egypt (CBE) report released on Wednesday reveals a recent spike in the country’s net foreign…
Egypt subsidy bill on high side for coming period, says trade minister
November 24, 2010
Egypt subsidy bill on high side for coming period, says trade minister
Abu Dhabi--Egypt's food subsidy bill is expected to be on the high side in 2010/11 with the state spending an…
American wheat prices spike as Egyptian demand grows
November 24, 2010
American wheat prices spike as Egyptian demand grows
The US Department of Agriculture in a press statement on Monday said wheat futures are on the rise for the…