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BP signs new deal to develop deep water gas find in Egypt

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

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

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

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

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

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

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

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

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

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…
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