Business

BlackBerry refuses to comment on negotiations with Egypt

BlackBerry refuses to comment on negotiations with Egypt

Research In Motion (RIM), the company behind the BlackBerry brand, refused to clarify whether negotiations with Egyptian governmental officials concerning…
US economic aid to Egypt declines

US economic aid to Egypt declines

Over the last two decades the US has cut its economic aid to Egypt significantly, according to a report issued…
Finance mulls duties on car guarantees

Finance mulls duties on car guarantees

The Finance Ministry is thinking about levying customs duties on imported car guarantees, according to sources at the automobiles department…
Traditional coffee threatened by capuccino

Traditional coffee threatened by capuccino

Traditional coffee millers are calling on the Ministry of Trade and Industry to help them modernize to be able to…
Electricity Minister calls for rethinking energy subsidies

Electricity Minister calls for rethinking energy subsidies

Electricity Minister Hassan Younis on Sunday declared that the government should "reconsider" its current policy of subsidizing energy."People often use…
Migrants’ remittances: Between expenditure and investment

Migrants’ remittances: Between expenditure and investment

A study on remittances and investment opportunities for Egyptian migrants was released in mid-July by the International Organization for Migration…
Govt to address unfair price increases during Ramadan

Govt to address unfair price increases during Ramadan

The Egyptian government will use all tools to expose traders who unjustifiably raise their prices during Ramdan, said Mohamed Abu…
Fiscal year 2009/2010: drop in revenue, increase in public spending

Fiscal year 2009/2010: drop in revenue, increase in public spending

Egypt's general budget deficit has climbed to 8.3 percent of the gross domestic product in the fiscal year 2009/2010. The…
Egypt and Mercosur to sign free trade deal

Egypt and Mercosur to sign free trade deal

Buenos Aires--The South American trade bloc Mercosur will sign a free trade agreement with Egypt at a summit early next…
Dana Petroleum discovers new oil field in Egypt

Dana Petroleum discovers new oil field in Egypt

London-- British oil and gas explorer Dana Petroleum said it discovered a new oil field in Egypt, after its Fin-1X…
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