Business
China curbs commodity exports to Egypt
April 22, 2010
China curbs commodity exports to Egypt
China is taking steps to curb the shipment of goods to Egypt, according to the state-run General Organization for Export…
Finance Ministry to tax used cars sales
April 21, 2010
Finance Ministry to tax used cars sales
A decision by Finance Minister Youssef Boutros-Ghali to impose a 10-percent profit tax on used automobile sales has drawn varying…
Gas exporters agree to raise prices
April 20, 2010
Gas exporters agree to raise prices
Participants in the Forum of Gas Exporting Countries meeting in Wahran, Algeria agreed to both raise gas prices and to…
Trade Minister: US should disclose bribe case info
April 20, 2010
Trade Minister: US should disclose bribe case info
Trade and Industry Minister Rachid Mohamed Rachid said on a talk show Monday that the Egyptian government has asked the…
Meat price hikes impact Alexandrian businesses
April 20, 2010
Meat price hikes impact Alexandrian businesses
Butchers and owners of traditional kebab-and-kofta restaurants--the menu selections of which are usually priced by the kilo--say that skyrocketing meat…
TE: Internet unaffected by cable malfunction
April 18, 2010
TE: Internet unaffected by cable malfunction
Telecom Egypt Deputy CEO Tareq Abu Alam said that Internet connectivity in Egypt had not been affected by the partial…
Nasr City receives 5.5 mn square meter plot
April 18, 2010
Nasr City receives 5.5 mn square meter plot
Egyptian developer Nasr City Housing said on Sunday it had received a 1,339 feddan (5.5 million square meter) plot of…
Algeria sees no scope for OPEC to curb oil prices
April 18, 2010
Algeria sees no scope for OPEC to curb oil prices
Oran, Algeria--Algerian Energy Minister Chakib Khelil said on Saturday he believed OPEC could do nothing at this stage to restrain…
Stock exchange ends week slightly lower
April 16, 2010
Stock exchange ends week slightly lower
The Egyptian stock exchange ended the week of trading slightly lower after a heavy volume of sales by Egyptian and…
Tax Authority accuses govt of violating taxpayer rights
April 16, 2010
Tax Authority accuses govt of violating taxpayer rights
An official report prepared by the Tax Authority accused the government of obstructing the establishment of the Supreme Tax Council,…