Business
Local prices of iron increase
February 2, 2010
Local prices of iron increase
Iron companies have raised the prices of iron to be sold in February by between LE200 to LE250, after Ezz…
Dealmaking back in fashion, as CEOs buy growth
February 2, 2010
Dealmaking back in fashion, as CEOs buy growth
Davos, Switzerland--The manic dealmaking of the years before the financial crisis may be some way off, but acquisitions were certainly…
Finance: Budget deficit at LE57.5 billion
February 2, 2010
Finance: Budget deficit at LE57.5 billion
According to a Finance Ministry report issued Monday covering the first half of the 2009/2010 fiscal year, total government expenditure…
Frozen poultry imports to counter rising prices
February 1, 2010
Frozen poultry imports to counter rising prices
Prices of local poultry have seen an unprecedented rise over the last few days, bringing the price of one kilogram…
Govt announces new price strategy for fresh milk
January 31, 2010
Govt announces new price strategy for fresh milk
The ministries of agriculture and trade are expected today to issue new prices for fresh milk supplied by farms to…
Ezz Steel raises wholesale prices
January 31, 2010
Ezz Steel raises wholesale prices
Ezz Steel raised its wholesale rebar prices by LE230 per ton in the largest single price increase since 2008. The…
Rachid: 2010 to be “hard year” for Egypt economy
January 31, 2010
Rachid: 2010 to be “hard year” for Egypt economy
In press statements made at the World Economic Forum that gathered in Davos, Switzerland Saturday, Trade and Industry Minister Rachid…
Navigation company workers halt sit-in
January 30, 2010
Navigation company workers halt sit-in
Around 600 workers at the Egyptian Navigation Company suspended their sit-in strike after management promised to pay overdue salaries and…
Govt to allow private ownership of power stations
January 28, 2010
Govt to allow private ownership of power stations
The government has decided to allow Egyptian and foreign private-sector companies to build and own central electric power stations in…
Boutrus-Ghali reviews real estate tax bill
January 28, 2010
Boutrus-Ghali reviews real estate tax bill
Finance Minister Youssef Boutrus-Ghali met with advisers and officials of the tax authority Thursday to review his proposed real estate…