Business
Minister calls on private sector to invest in transport
July 1, 2010
Minister calls on private sector to invest in transport
Egyptian Transport Minister Alaa Fahmy has invited the private sector to partake in joint-ventures with the government in the transport…
Pension increases to be disbursed Thursday
June 30, 2010
Pension increases to be disbursed Thursday
Finance Minister Youssef Boutros-Ghali confirmed that the government would begin disbursing approved pension increases to approximately 3.7 million citizens, who…
Egypt among world’s largest wheat importers
June 30, 2010
Egypt among world’s largest wheat importers
A recent study on Egypt's food and energy crisis has revealed Egypt to be among the largest importers of wheat…
Finance: Subsidies down 42% on year
June 29, 2010
Finance: Subsidies down 42% on year
A Finance Ministry report issued Tuesday on the state budget account from July 2009 to May 2010 revealed a 6.3-percent…
Ministry to establish 3 new trade zones
June 27, 2010
Ministry to establish 3 new trade zones
The Trade Ministry on Sunday signed contracts for the construction of three new trade zones in Mansoura, Beheira and Luxor,…
Tourism chief: 25% increase in tourists during 2010
June 27, 2010
Tourism chief: 25% increase in tourists during 2010
The number of tourists visiting Egypt from England, Eastern Europe and Russia has increased by 20-25 percent compared to last…
Egypt backs ILO calls to protect those with HIV in workplace
June 24, 2010
Egypt backs ILO calls to protect those with HIV in workplace
The International Labor Organization (ILO) ratified a non-binding measure on 18 June designed to provide workplace protection for workers infected…
CBE: Egypt’s forex reserves rise in May
June 23, 2010
CBE: Egypt’s forex reserves rise in May
The Central Bank of Egypt (CBE) on Wednesday announced a $450-million increase in Egypt's foreign currency reserves during the month…
Electricity Minister: Energy consumption increase ‘catastrophic’
June 23, 2010
Electricity Minister: Energy consumption increase ‘catastrophic’
Minister of Electricity and Energy Hassan Younis has warned of the consequences of continued increase in power consumption and urged…
Committee fails to agree on energy price hikes
June 22, 2010
Committee fails to agree on energy price hikes
The Industrial Energy Pricing Committee failed during its meeting on Tuesday to finalize a proposal for scheduled price increases of…