Business
Extra fees on steel imports ruled out by ministry
February 8, 2010
Extra fees on steel imports ruled out by ministry
An official source at the Trade and Industry Ministry has ruled out the possibility of levying additional fees on imported…
Ministry calls for new distribution system for butane
February 8, 2010
Ministry calls for new distribution system for butane
The Social Solidarity Ministry has issued recommendations for a new system for the distribution of butane gas cylinders aimed at…
Construction Holding Co. to liquidate affiliates
February 7, 2010
Construction Holding Co. to liquidate affiliates
Officials from the government-run Construction Holding Company (CHC) recently announced plans to liquidate ten affiliated companies. According to CHC President…
Butane cylinders hit LE60 amid ongoing shortages
February 7, 2010
Butane cylinders hit LE60 amid ongoing shortages
A severe shortage of butane gas cylinders continued to dog Cairo and the provinces Sunday, with the price of a…
Brazilian meat prices set to rise
February 7, 2010
Brazilian meat prices set to rise
Local importers of Brazilian meat say their Brazilian suppliers have raised per-ton prices from US$3100 to US$3400 in a move…
Iron demand low as prices rise
February 6, 2010
Iron demand low as prices rise
Demand for iron decreased this week after companies increased its price by an average of LE200 per ton. Meanwhile, importers…
Chinese domination of marble industry raises hackles
February 4, 2010
Chinese domination of marble industry raises hackles
Almost 90 percent of Egypt's marble factories have gone out of business due to Chinese dominance of the industry, Mahfouz…
Talaat Mustafa Group leads stock exchange
February 4, 2010
Talaat Mustafa Group leads stock exchange
Rumors that the Court of Cassation would accept Hisham Talaat Mustafa's appeal against a death sentence he received earlier for…
Stock exchange closes over 7000
February 4, 2010
Stock exchange closes over 7000
The EGX 30 index of the Egyptian Stock Exchange closed at more than 7000 points on Wednesday due to purchases…
New Trade Ministry strategy to double exports
February 4, 2010
New Trade Ministry strategy to double exports
The Trade Ministry devised a new strategy to increase Egyptian exports to LE580 billion in the next four years.Trade Minister…