Business
Orascom and France Telecom to resolve Mobinil dispute
April 16, 2010
Orascom and France Telecom to resolve Mobinil dispute
Orascom Telecom and France Telecom held an urgent meeting Wednesday night at the headquarters of the Ministry of Communications and…
Govt increases cattle imports from Africa
April 15, 2010
Govt increases cattle imports from Africa
The Ministry of Agriculture announced that it is importing cattle from Ethiopia, Chad, Uganda and Sudan to meet domestic meat…
Govt to amend law on apartment rentals
April 15, 2010
Govt to amend law on apartment rentals
Housing Minister Ahmed el-Maghraby said the government planned to introduce gradual amendments to the law regulating apartment rentals in coming…
Survey: Egyptians did US$2.1 billion in e-commerce last year
April 15, 2010
Survey: Egyptians did US$2.1 billion in e-commerce last year
A new survey conducted by Amman-based consultancy Arab Advisors Group revealed that almost 35 percent of adult internet users in…
Govt approves private-sector energy imports
April 15, 2010
Govt approves private-sector energy imports
The government has given preliminary approval to allow private-sector companies to import energy for new cement factories, according to a…
Local meat prices maintain upward trend
April 14, 2010
Local meat prices maintain upward trend
Meat has continued to rise in price despite popular calls for the boycott of butchers until prices return to normal…
Imported steel drives down local prices
April 13, 2010
Imported steel drives down local prices
Ezz Steel is currently selling some 37,000 tons of imported Turkish steel for LE4050 per ton ex-factory. "This was the…
CBE: FDI, remittances, exports fall in second quarter
April 13, 2010
CBE: FDI, remittances, exports fall in second quarter
Foreign investment in Egypt fell by US$806 million in the second quarter of the current financial year, dropping to US$894…
Govt official: Private sector cannot be forced to raise min wage
April 13, 2010
Govt official: Private sector cannot be forced to raise min wage
A high government official has said the private sector cannot be forced to raise minimum wages without the agreement of…
Finance minister rejects progressive tax
April 13, 2010
Finance minister rejects progressive tax
Finance Minister Youssef Boutros-Ghali has rejected a proposal by Shura Council members to introduce a progressive income tax."Our unified income…