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Phone operators mobilize for World Cup qualifier

Phone operators mobilize for World Cup qualifier

Even mobile phone operators in Egypt are gearing up for the upcoming World Cup qualifying soccer match between Egypt and…
China-Africa Summit in Sharm el-Sheikh begins today

China-Africa Summit in Sharm el-Sheikh begins today

President Mubarak will open the fourth ministerial conference of the Forum on China-Africa Cooperation in Sharm el-Sheikh today. Participants include…
Iraq offers housing contracts to Egyptian private sector

Iraq offers housing contracts to Egyptian private sector

The Iraqi government on Tuesday offered contracts for the construction of 3.5 million housing units in Iraq to the Egyptian…
Applications pile up for “new taxi” project

Applications pile up for “new taxi” project

The Finance Ministry on Tuesday announced that banks had received a total of 34,561 fresh applications from taxi owners wishing…
Stock exchange drops 2.6%

Stock exchange drops 2.6%

The stock exchange on Sunday closed with a drop of 2.6 percent on the EGX 30 index, after purchases by…
Govt: Poverty rate up 2%

Govt: Poverty rate up 2%

Minister of Economic Development Othman Mohamed Othman said on Tuesday that the poverty rate in Egypt has gone from 19…
Financial position of brokers is good, says stock market official

Financial position of brokers is good, says stock market official

The status of security brokers is good, although they carried out funding operations over the past period. And the credit…
Local steel producers make cry for help

Local steel producers make cry for help

Local steel manufacturers have asked the Ministry of Trade and Industry for help in offsetting recent losses incurred as a…
Spinning factory sale thwarted

Spinning factory sale thwarted

The state-owned Spinning and Weaving Holding Company and the National Investment Bank (NIB) issued orders forbidding the Misr-Iran Spinning and…
Boutros-Ghali: Economy Grew 4.7% Despite Crisis

Boutros-Ghali: Economy Grew 4.7% Despite Crisis

Finance Minister Youssef Boutros-Ghali said that LE15 billion injected into the local economy as part of an "economic incentive" program…
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