Business

Government begins reduction of subsidized energy

Government begins reduction of subsidized energy

The Egyptian government began its plan to eliminate energy subsidies to most industrial sectors late last month, to the dismay…
Weather and consumer habits exacerbate Ramadan price-rise worries

Weather and consumer habits exacerbate Ramadan price-rise worries

In August, Egypt's Consumer Protection Agency reported a 43 percent increase in food prices, a phenomenon closely associated with the…
Russia vows to reschedule wheat shipments to Egypt despite export ban

Russia vows to reschedule wheat shipments to Egypt despite export ban

The government on Tuesday declared that it was satisfied with an announcement by Russian Deputy Prime Minister Viktor Zubkov that…
Egypt July inflation steady, monthly rate highest since 2008

Egypt July inflation steady, monthly rate highest since 2008

Urban consumer inflation in Egypt was steady at 10.7 percent in the 12 months to July, the state-run CAPMAS statistics…
Renovations keep foreign, Arab carriers out of Cairo airport

Renovations keep foreign, Arab carriers out of Cairo airport

The Ministry of Civil Aviation has turned down a number of requests by foreign and Arab airlines to operate regular…
Egypt and US cooperate to protect Afghanistan’s wheat

Egypt and US cooperate to protect Afghanistan’s wheat

The governments of the US, Egypt and Afghanistan governments will tomorrow celebrate the signing of a cooperation agreement that seeks…
Daqahlia’s poor scramble for Ramadan bags

Daqahlia’s poor scramble for Ramadan bags

Daqahlia--Around 6000 Egyptians have been gathered in front of Mansoura Stadium since yesterday morning, waiting for their share of food…
Minister: Site of planned nuclear reactor to be announced in 2 months

Minister: Site of planned nuclear reactor to be announced in 2 months

The location of Egypt’s first nuclear reactor will be announced within two months, Electricity and Energy Minister Hassan Younis has…
Russia wheat export ban causes prices to skyrocket

Russia wheat export ban causes prices to skyrocket

  The United Nations Food and Agriculture Organization (FAO) announced that the price of wheat has increased by 50 percent since…
No Blackberry ban in Egypt

No Blackberry ban in Egypt

An official source from the National Telecommunication Regulatory Authority has denied receiving any requests from Egypt’s security authorities to impose…
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