Business

Mobinil to cut service to unregistered mobiles

Mobinil to cut service to unregistered mobiles

The Egyptian Company for Mobile services, better known as Mobinil, is cutting service to unregistered phone lines starting in April.The…
Egypt telecom regulator extends bid deadline again

Egypt telecom regulator extends bid deadline again

Egypt's telecom regulator has extended the deadline for bids for two restricted licences to supply cable, voice and internet services…
Farmers demand new terms for govt wheat purchases

Farmers demand new terms for govt wheat purchases

In advance of the outset of the wheat harvest season next month, wheat growers have asked the government to set…
Diesel crisis eases in some places, worsens in others

Diesel crisis eases in some places, worsens in others

A weeks-long shortage of diesel fuel eased in Ismailia on Thursday after the Petroleum Ministry increased diesel supplies to the…
Inflation falls to 12.8% in February

Inflation falls to 12.8% in February

Egypt's national inflation rate fell from 13.6 percent in January to 12.8 percent in February, according to a report released…
Textiles sector lost LE4 bn in 2009, report notes

Textiles sector lost LE4 bn in 2009, report notes

The smuggling of ready-made clothes and textiles into Egypt from abroad caused local manufacturers to lose an estimated LE4 billion…
Report: Egypt imports 47% of its diesel fuel

Report: Egypt imports 47% of its diesel fuel

A recent report issued by the state-run Egyptian General Petroleum Authority (EGPA) revealed that Egypt imported 5.6 million tons of…
Egypt steel sales drop despite discounted rates

Egypt steel sales drop despite discounted rates

Sales of local and imported steel bars dropped by 70 percent this week despite reduced prices. Experts were unable to…
Clashes at gas stations as diesel crisis escalates

Clashes at gas stations as diesel crisis escalates

Diesel fuel shortages continued in Cairo and the governorates on Monday, leading to clashes between frustrated drivers lining up outside…
Orascom Telecom: Algerian tax appeal rejected

Orascom Telecom: Algerian tax appeal rejected

Algerian authorities have rejected Orascom Telecom's appeal against claims its Djezzy unit owed back taxes and penalties from 2004 to…
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