Business
BP signs new deal to develop deep water gas find in Egypt
July 19, 2010
BP signs new deal to develop deep water gas find in Egypt
London--BP PLC (BP) said Monday it has signed a new agreement in Egypt to develop significant gas resources in two…
Finance Minister: No need to raise fuel prices
July 19, 2010
Finance Minister: No need to raise fuel prices
Total proceeds from income and sales taxes reached LE148 billion during the fiscal year 2009/10, according to Finance Minister Youssef…
Prosecution hears testimony in bourse case
July 18, 2010
Prosecution hears testimony in bourse case
Egypt's Financial and Commercial Affairs Prosecution office opened an investigation on Sunday into a complaint filed by investors alleging that…
18 million more Egyptians to benefit from social insurance
July 18, 2010
18 million more Egyptians to benefit from social insurance
The Ministry of Finance will expand the scope of social insurance to include an additional 18 million citizens and their…
Syria requests more natural gas from Egypt
July 18, 2010
Syria requests more natural gas from Egypt
Syria has officially submitted a request to Egypt to increase its quota of natural gas supplied via the Arab Gas…
Govt to start using new wheat mixture for bread
July 18, 2010
Govt to start using new wheat mixture for bread
The Egyptian government has started mixing a new stock of local wheat with the imported quantity to produce subsidized bread.…
Egypt telco space shaped in court, compounds
July 16, 2010
Egypt telco space shaped in court, compounds
Egypt's telecoms regulator is fighting in the courts and looking to mushrooming suburban compounds as it seeks to guide the…
The fakka crisis
July 16, 2010
The fakka crisis
Complaints about the lack of change is currency. The pained look on a shopkeeper's face when handed a ten pound…
Govt buildings to cut electricity use by half
July 15, 2010
Govt buildings to cut electricity use by half
The Council of Ministers issued a decree on 30 June for all government buildings nationwide to reduce their electricity consumption…
Stock exchange drops slightly
July 15, 2010
Stock exchange drops slightly
The Egyptian stock exchange recorded a minor drop of 0.13 percent on Thursday, the first day for its new director…