Business

Natural gas for non-energy intensive industries to increase by 15 percent

Natural gas for non-energy intensive industries to increase by 15 percent

 The Energy Pricing Committee approved two days ago the increase in the prices of energy for non-energy intensive industries by…
Government: quality more important than price for Egyptian wheat imports

Government: quality more important than price for Egyptian wheat imports

The Ministry of Trade and Industry has announced that the quality of imported wheat, without consideration of price, is the…
US agency invests $455 million in Middle East

US agency invests $455 million in Middle East

 A US trade promotion agency will invest up to $455 million in five private equity funds in the Middle East…
Minister calls on private sector to invest in transport

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

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

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

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

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

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

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…
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