Business
Rachid: Nothing wrong with importing energy
March 20, 2010
Rachid: Nothing wrong with importing energy
Minister of Industry and Trade Rachid Mohamed Rachid said the government seeks to raise industrial growth by ten percent which…
Textiles companies warn of closures without bailout
March 18, 2010
Textiles companies warn of closures without bailout
At a meeting of the Egyptian Chamber of Textiles Manufacturers on Thursday, local textiles companies threatened to close down due…
Ezz Steel sets per-ton prices for March
March 17, 2010
Ezz Steel sets per-ton prices for March
Local steel giant Ezz Steel announced fixed retail prices of LE3470 per ton for the month of March. "We have…
Investment minister: No return to nationalization
March 17, 2010
Investment minister: No return to nationalization
Alexandria--At a conference devoted to investment opportunities in Egypt's Nile Delta on Tuesday, Investment Minister Mahmoud Mohie Eddin strongly objected…
Global sugar market reduces local prices
March 16, 2010
Global sugar market reduces local prices
Global sugar prices fell from US$619 to US$540 per ton during the month of March, forcing local importers to lower…
NTRA blocks Skype on mobile phones
March 16, 2010
NTRA blocks Skype on mobile phones
Egypt's National Telecom Regulatory Authority (NTRA) has blocked access to Skype from mobile phones.Skype is an internet application that allows…
OECD workshop looks at local business climate
March 16, 2010
OECD workshop looks at local business climate
Egypt's Ministry of Investment, in partnership with the European Commission, has hired the Organization for Economic Cooperation and Development (OECD)…
Egyptian stock market rebounds after 3 days of losses fueled by Mubarak health worries
March 16, 2010
Egyptian stock market rebounds after 3 days of losses fueled by Mubarak health worries
Egypt's stock market is rebounding after investor worries over President Hosni Mubarak's health pushed the benchmark index to its lowest…
Pharmacists protest new agreement with Tax Authority
March 16, 2010
Pharmacists protest new agreement with Tax Authority
The Pharmacists Syndicate crisis escalated on Monday after the syndicate's secretary general, Mahmoud Abdel Maqsoud, signed an agreement with the…
New rationing database for 80% of Egyptians
March 16, 2010
New rationing database for 80% of Egyptians
Citizens must cooperate with social researchers and inspectors in registering accurate data for the 11.5 million families using ration cards,…