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CAPMAS: Exports decline as imports rise

CAPMAS: Exports decline as imports rise

A recently-released report by the Central Agency for Public Mobilization and Statistics (CAPMAS) noted that Egyptian fertilizer and furniture exports…
Stock market sees slight decline Tuesday

Stock market sees slight decline Tuesday

The Egyptian stock exchange witnessed a slight decline Tuesday due to a bout of profit-taking among Egyptian investors. The decline…
Minister: Tourism revenues resilient in 2009

Minister: Tourism revenues resilient in 2009

Egypt's tourism earnings, a key source of foreign exchange, dipped just 2.1 percent last year thanks to an upswing in…
Egypt aims to start cement bid process by mid-2010

Egypt aims to start cement bid process by mid-2010

Egypt is targeting to start an international bidding process to grant cement licences by the middle of this year, the…
Govt mulls abolition of fertilizer subsidies

Govt mulls abolition of fertilizer subsidies

The government is considering the abolition of subsidies on fertilizers sold to farmers in an effort to fill the gap…
Extra fees on steel imports ruled out by ministry

Extra fees on steel imports ruled out by ministry

An official source at the Trade and Industry Ministry has ruled out the possibility of levying additional fees on imported…
Ministry calls for new distribution system for butane

Ministry calls for new distribution system for butane

The Social Solidarity Ministry has issued recommendations for a new system for the distribution of butane gas cylinders aimed at…
Construction Holding Co. to liquidate affiliates

Construction Holding Co. to liquidate affiliates

Officials from the government-run Construction Holding Company (CHC) recently announced plans to liquidate ten affiliated companies. According to CHC President…
Butane cylinders hit LE60 amid ongoing shortages

Butane cylinders hit LE60 amid ongoing shortages

A severe shortage of butane gas cylinders continued to dog Cairo and the provinces Sunday, with the price of a…
Brazilian meat prices set to rise

Brazilian meat prices set to rise

Local importers of Brazilian meat say their Brazilian suppliers have raised per-ton prices from US$3100 to US$3400 in a move…
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