Business
French suppliers raise wheat prices by US$10 per ton
September 16, 2010
French suppliers raise wheat prices by US$10 per ton
French suppliers substantially raised their wheat prices at a tender offer held Thursday by the General Authority for Supply Commodities…
LE40 billion to relocate Helwan factories
September 16, 2010
LE40 billion to relocate Helwan factories
The relocation of Helwan's environmentally polluting factories will cost LE40 billion, said the Ministry of Trade and Industry's Industrial Development…
Madinaty ruling provokes concern and heightened security
September 16, 2010
Madinaty ruling provokes concern and heightened security
The Talaat Moustafa Group (TMG), Egypt's largest urban development conglomerate, has erected metal barricades at the gates of its Madinaty…
Housing Ministry allocates land to 87,000 youth
September 15, 2010
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
September 14, 2010
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
September 14, 2010
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
September 13, 2010
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
September 13, 2010
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
September 13, 2010
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%
September 13, 2010
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…