Business

Egypt offers 1580 acres for industrial projects

Egypt offers 1580 acres for industrial projects

Egypt, eager to nurture its manufacturing sector and increase exports, will tender 6.4 million square meters (1580 acres) of land…
Iran bans import of 48 agricultural products including Egyptian oranges

Iran bans import of 48 agricultural products including Egyptian oranges

Iran’s minister of agriculture has banned the import of 48 agricultural products from around the world, including Egyptian oranges. The…
Ministry of Trade issues import ban on 149 Chinese companies

Ministry of Trade issues import ban on 149 Chinese companies

Trade Minister Rachid Mohamed Rachid has issued a ban on the import of products from 149 Chinese suppliers. The prohibition…
Sawiris says committed to Italy telecoms

Sawiris says committed to Italy telecoms

Milan--Egyptian tycoon Naguib Sawiris said on Thursday he was committed to the Italian telecoms market, amid speculation that Russian group…
Antitrust Authority calls for regulation of organic products

Antitrust Authority calls for regulation of organic products

Antitrust Authority President Saeed al-Alfi has ordered a study of the quality of organic products sold on the market, saying…
Egyptian pound falls to lowest level against dollar since 2007

Egyptian pound falls to lowest level against dollar since 2007

The Egyptian pound has fallen steadily against the US dollar over the past two weeks, with analysts partly attributing the…
EGAS denies price reduction on gas exports to Israel

EGAS denies price reduction on gas exports to Israel

The state-run Egyptian National Gas Holding Company (EGAS) on Wednesday confirmed that prices for Egyptian natural gas exports to Israel…
Energy control center to undergo renovations worth LE100 million

Energy control center to undergo renovations worth LE100 million

Minister of Energy and Electricity Hassan Younis has signed a contract with a French company to renovate the National Energy…
Foreign firms in Algeria face stringent new rules

Foreign firms in Algeria face stringent new rules

The Algerian government has set stricter conditions on foreign corporations in Algeria, prompting fears of bankruptcy among some Egyptian firms…
Egypt’s wheat bill up, but bread riots unlikely

Egypt’s wheat bill up, but bread riots unlikely

Egypt, the world's biggest wheat importer, faces a higher bill for bread subsidies in the next year but has adequate…
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