Business
Bourse breaks 7500 for first time in 19 months
April 12, 2010
Bourse breaks 7500 for first time in 19 months
Egypt's stock exchange passed the 7500-point mark for the first time in 19 months on Monday, with foreign and Arab…
Cattle farmers anticipate further meat price hikes
April 12, 2010
Cattle farmers anticipate further meat price hikes
Associations for cattle farmers and dairy producers lashed out at the government for failing to narrow the gap between local…
Industrial gas consumption rates set for FY 2010/11
April 11, 2010
Industrial gas consumption rates set for FY 2010/11
The Petroleum Ministry has set the quantity of natural gas required by Egypt's industrial projects for the next fiscal year,…
Govt moves to offset medical insurance budget shortfalls
April 11, 2010
Govt moves to offset medical insurance budget shortfalls
Health Minister Hatem el-Gabaly on Sunday said the government was currently taking measures to offset the state-run Medical Insurance Authority's…
Court rejects Mobinil sale to France Telecom
April 11, 2010
Court rejects Mobinil sale to France Telecom
Egypt's Administrative Court has overturned a decision by the Egyptian Authority for Financial Monitoring to sell the Egyptian Company for…
Inflation up to 11.8%
April 11, 2010
Inflation up to 11.8%
Prices in Egypt increased 0.7 percent in March, as inflation hit an annual rate of 11.8 percent, according to figures…
Egypt stock market hits 6 month high
April 8, 2010
Egypt stock market hits 6 month high
Stock indexes continued to rise for the second day in a row at the end of yesterday's transactions, hitting a…
MPs blast govt development plans
April 8, 2010
MPs blast govt development plans
A meeting of the People's Assembly economic committee saw a fierce debate on Tuesday over government development plans.Minister of Economic…
Processed meat and poultry prices up 25%
April 8, 2010
Processed meat and poultry prices up 25%
Prices of processed meat and poultry went up between 15 and 25 percent amid expectations for similar increases in the…
PM calls for maintaining rights of workers at loss-making firms
April 7, 2010
PM calls for maintaining rights of workers at loss-making firms
At a ministerial meeting on Wednesday, Prime Minister Ahmed Nazif called for 'maintaining' the rights of workers employed by loss-making…