Business
Dana makes second gas find offshore Egypt
February 11, 2010
Dana makes second gas find offshore Egypt
London-- British oil and gas producer Dana Petroleum said it made a second gas find off the Egyptian coast and…
McDonald’s sales figure rises 2.6% in January
February 11, 2010
McDonald’s sales figure rises 2.6% in January
New York-- McDonald's Inc., the world's largest fast-food chain, said Tuesday a key sales comparison rose 2.6 percent in January,…
CBE: Foreign investment falls on year
February 10, 2010
CBE: Foreign investment falls on year
Total foreign investment in Egypt in the first quarter of the 2009/2010 fiscal year fell to US$1.7 billion compared to…
CAPMAS: Inflation up 13.6% in January
February 10, 2010
CAPMAS: Inflation up 13.6% in January
In a statement Wednesday, Abu Bakr el-Guindi, president of the state-run Central Agency for Public Mobilization and Statistics (CAPMAS), noted…
Israeli paper: Higher prices for Egyptian gas exports to Israel
February 10, 2010
Israeli paper: Higher prices for Egyptian gas exports to Israel
The Israeli economic newspaper Calcalist reported that an agreement changing the price of Egyptian natural gas exports to the Israel…
CAPMAS: Exports decline as imports rise
February 9, 2010
CAPMAS: Exports decline as imports rise
A recently-released report by the Central Agency for Public Mobilization and Statistics (CAPMAS) noted that Egyptian fertilizer and furniture exports…
Stock market sees slight decline Tuesday
February 9, 2010
Stock market sees slight decline Tuesday
The Egyptian stock exchange witnessed a slight decline Tuesday due to a bout of profit-taking among Egyptian investors. The decline…
Minister: Tourism revenues resilient in 2009
February 9, 2010
Minister: Tourism revenues resilient in 2009
Egypt's tourism earnings, a key source of foreign exchange, dipped just 2.1 percent last year thanks to an upswing in…
Egypt aims to start cement bid process by mid-2010
February 9, 2010
Egypt aims to start cement bid process by mid-2010
Egypt is targeting to start an international bidding process to grant cement licences by the middle of this year, the…
Govt mulls abolition of fertilizer subsidies
February 8, 2010
Govt mulls abolition of fertilizer subsidies
The government is considering the abolition of subsidies on fertilizers sold to farmers in an effort to fill the gap…