Business
Bin Laden clinches airport contracts
January 11, 2010
Bin Laden clinches airport contracts
The Civil Aviation Ministry signed contracts Sunday with the Saudi Arabian Bin Laden Group to build a new terminal for…
New real estate law to tax the rich and punish evaders
January 11, 2010
New real estate law to tax the rich and punish evaders
A new real estate tax law currently being introduced will not impose a heavy burden on Egyptians, said Tarek Farag,…
Report: inflation fell to 11.8% in 2009
January 10, 2010
Report: inflation fell to 11.8% in 2009
According to recently-released official figures, Egypt's inflation rate fell to 11.8 percent in 2009 compared to 19.2 percent in 2008.…
Govt to import 3 mn tons of wheat this year
January 10, 2010
Govt to import 3 mn tons of wheat this year
The government has announced plans to import three million tons of wheat during the first half of 2010 at a…
Egypt’s local public debt hits new high
January 9, 2010
Egypt’s local public debt hits new high
Egypt’s local public debt has exceeded LE689 billion for the first time in the country’s history, a report by the…
MobiNil to announce share price today
January 5, 2010
MobiNil to announce share price today
Mobile phone company MobiNil has tasked independent financial consultancy Prime Capital with evaluating its share price in light of a…
TE acquires full stake in TE Data
January 5, 2010
TE acquires full stake in TE Data
Telecom Egypt (TE) now owns a full 100% of Internet provider TE Data after buying the last five percent of…
Egypt to import natural gas from Iraq
January 5, 2010
Egypt to import natural gas from Iraq
The Petroleum Ministry is currently studying ways of importing natural gas from Iraq, both in order to meet local demand…
MobiNil board to discuss FT offer
January 4, 2010
MobiNil board to discuss FT offer
Members of the board of mobile phone company MobiNil will convene on Wednesday to discuss an offer by France Telecom…
Dairy, beef prices surge
January 4, 2010
Dairy, beef prices surge
Local prices for dairy products and sugar have recently risen by between 5 and 10 percent, while beef prices have…