Business
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,…
Steel manufacturers abruptly raise prices
March 15, 2010
Steel manufacturers abruptly raise prices
Local per-ton steel prices abruptly rose from between LE3150 and LE3450 to between LE3500 and LE3800 in the last few…
Egypt joins list of mazut importers
March 14, 2010
Egypt joins list of mazut importers
For the first time, Egypt has joined the list of importers of mazut. Experts, however, warn that the development will…
Market dips following sell-off rumors
March 14, 2010
Market dips following sell-off rumors
The trading week began on Sunday with a sharp decline due to rampant selling by Arab investors, with concurrent purchasing…
Govt to encourage investment in Sinai
March 14, 2010
Govt to encourage investment in Sinai
Minister of Agriculture and Land Reclamation Amin Abaza announced that the government will allow Egyptian investors to begin agricultural projects…
OPEC likely to maintain current oil output
March 13, 2010
OPEC likely to maintain current oil output
OPEC is not expected to make any fundamental change in output at its next meeting, Qatar's oil minister was quoted…