Business
Cotton prices reach new high prior to end of season
August 19, 2010
Cotton prices reach new high prior to end of season
Cotton prices have reached a new high, according to a number of cotton industry employees in Alexandria. The price of…
Govt official blames spate of power cuts on gas sales to Israel
August 18, 2010
Govt official blames spate of power cuts on gas sales to Israel
Independent local media on Wednesday quoted an unnamed government official who blamed Egyptian sales of natural gas to Israel for…
Egypt’s wheat dilemma
August 18, 2010
Egypt’s wheat dilemma
Egypt, the world’s second biggest importer of wheat, is seeking alternative suppliers, while agriculture experts say it’s about time to…
The advantages of usufruct ownership of land
August 18, 2010
The advantages of usufruct ownership of land
A recent study has highlighted the benefits of offering land to investors on a usufruct basis.Under the usufruct system, land…
Govt to import Argentinean wheat to offset Russian export ban
August 17, 2010
Govt to import Argentinean wheat to offset Russian export ban
Trade and Industry Minister Rachid Mohamed Rachid has announced that the government may resume importing wheat from Argentina after several…
Gold hits US$1220 per ounce on fears of slow global recovery
August 16, 2010
Gold hits US$1220 per ounce on fears of slow global recovery
Gold prices broke the US$1220-per-ounce mark on European markets on Monday, representing their highest level since early July.
Man killed in Naga Hammadi bread line
August 16, 2010
Man killed in Naga Hammadi bread line
A young man was killed on Sunday in a fight over a loaf of bread in front of a bakery…
Suez Canal sees highest profit since world crisis
August 16, 2010
Suez Canal sees highest profit since world crisis
On Friday the Suez Canal achieved its biggest daily income since the start of the world financial crisis in 2008,…
EFG Hermes: 2010 trading in regional markets down by 40%
August 16, 2010
EFG Hermes: 2010 trading in regional markets down by 40%
A recently issued financial report shows that regional stock markets saw a nearly 50-percent decline in trading during the second…
Cement company requests permission to import gas
August 16, 2010
Cement company requests permission to import gas
In an unprecedented move, the Egyptian Cement Company has officially demanded permission from the Ministry of Petroleum to import either…