Business

TRA mulls launch of money-transfer services via mobile phone

TRA mulls launch of money-transfer services via mobile phone

The board of Egypt's Telecommunication Regulatory Authority (TRA)
Egypt imports 55 thousand tons of US wheat

Egypt imports 55 thousand tons of US wheat

The Ministry of Trade and Industry announced Thursday a deal made to import 55 thousand tons of US wheat at…
Egypt’s political uncertainty presses stock gains for rest of 2010

Egypt’s political uncertainty presses stock gains for rest of 2010

Egyptian stocks are set for only modest gains for the rest of 2010, led by telecoms, real estate and banks,…
Egypt’s non-oil exports rise 20% in Q2

Egypt’s non-oil exports rise 20% in Q2

Egypt's non-oil exports rose 20 percent to 29 billion Egyptian pounds in the second quarter of 2010 compared to a…
Cotton prices reach new high prior to end of season

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

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

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

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

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

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.
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