Business
E-customs services offered to private sector
July 29, 2010
E-customs services offered to private sector
The Customs Authority last week held a bid for private-sector companies to provide electronic customs services in Cairo, Alexandria, Suez…
Minister: Economy better since global crisis
July 29, 2010
Minister: Economy better since global crisis
Economic Development Minister Othman Mohamed Othman at a press conference on Thursday said the Egyptian economy had improved since the…
Govt signs agreements with oil giant Eni
July 28, 2010
Govt signs agreements with oil giant Eni
Italian oil company Eni recently signed two agreements with the Egyptian General Petroleum Authority and the Egyptian Holding Company for…
Mobile operators unlikely to slash prices this Ramadan
July 28, 2010
Mobile operators unlikely to slash prices this Ramadan
Mobile phone operators are gearing up for Ramadan, a time when competition reaches its peak with companies making new offers…
State land to be offered only on leasehold basis
July 27, 2010
State land to be offered only on leasehold basis
Less than 24 hours after President Hosni Mubarak instructed the government to devise easy and transparent rules for the sale…
Sinai Coal Company losses greater than LE1bn
July 27, 2010
Sinai Coal Company losses greater than LE1bn
The Sinai Coal Company suffered huge financial losses which in March 2005 stood at LE1.096 bn, according to a report…
Egyptians spend US$4bn a year on caviar, lobster
July 26, 2010
Egyptians spend US$4bn a year on caviar, lobster
A report issued recently by the Egyptian General Authority for Export and Import Control states that Egyptians spend some US$4…
BP to start drilling for oil off Libyan coast
July 26, 2010
BP to start drilling for oil off Libyan coast
British Petroleum (BP) will start drilling off the Libyan coast within a few weeks, the corporation announced Saturday, despite lingering…
Local meat prices continue to skyrocket
July 25, 2010
Local meat prices continue to skyrocket
Prices for domestically-produced meat continue to rise, currently ranging between LE52 and LE55 per kilo, amid widespread expectations that per-kilo…
Egypt leading wheat consumer, study finds
July 25, 2010
Egypt leading wheat consumer, study finds
Egyptians consume a total of 13.7 million tons of wheat per year, making them the world's largest wheat consumers, according…