Business
International tender for Dabaa reactor slated for November
October 11, 2010
International tender for Dabaa reactor slated for November
Al-Masry Al-Youm learned Tuesday the Ministry of Electricity is preparing to launch an international tender to help cover the expected…
Committee to present legal findings on state land violations by year-end
October 11, 2010
Committee to present legal findings on state land violations by year-end
The government has set a December deadline for a technical committee formed by the Agriculture
Electrolux to buy Egypt’s biggest appliance maker
October 11, 2010
Electrolux to buy Egypt’s biggest appliance maker
Stockholm--Sweden's Electrolux said on Monday it has agreed to buy Egypt's Olympic Group, the biggest appliance maker in the Middle…
Sawiris to take break from business, shift focus to charity work
October 10, 2010
Sawiris to take break from business, shift focus to charity work
Egyptian business tycoon Naguib Sawiris on Sunday said that, after nearly 35 years of wheeling and dealing, he planned to…
Egypt’s inflation rises to 11% amid food price hikes
October 10, 2010
Egypt’s inflation rises to 11% amid food price hikes
Egypt's inflation notched up slightly to 11 percent in September, the government said Sunday, amid complaints about rising food prices.Urban…
Govt encourages commodity importation to offset price hikes
October 10, 2010
Govt encourages commodity importation to offset price hikes
The government has adopted a number of measures aimed to encourage meat, poultry and rice importation, sources confirmed. The move…
Saudi-Egypt power link to circumvent power cuts
October 9, 2010
Saudi-Egypt power link to circumvent power cuts
The Ministry of Electricity is inviting tenders for the construction of an Egypt to Saudi Arabia power grid link, at…
Government intervenes over vegetable prices
October 9, 2010
Government intervenes over vegetable prices
The price of fruits and vegetables continues to rise at an alarming rate. A kilo of tomatoes now costs LE15…
Government to decide next month on gas imports for factories
October 7, 2010
Government to decide next month on gas imports for factories
The question of whether to allow the import of gas for use by local factories is still under review by…
Egypt-Saudi trade hits US$2 billion in first half of this year
October 7, 2010
Egypt-Saudi trade hits US$2 billion in first half of this year
The volume of trade between Egypt and Saudi Arabia during the first half of this year came to a total…