black market
Economists: Arab loans will increase currency reserves
Business
July 10, 2013
Economists: Arab loans will increase currency reserves
Economists have said that the US$8 billion Egypt will receive in loans from Saudi Arabia and the United Arab Emirates…
Government may raise dollar supply before 30 June
Business
June 17, 2013
Government may raise dollar supply before 30 June
The Central Bank of Egypt (CBE) will likely hold an auction to sell dollars to local banks before 30 June,…
Pound weakens to new record low
Business
February 13, 2013
Pound weakens to new record low
The Egyptian pound weakened to a record low against the US dollar in interbank trade and slid further still on…
Ministry campaign finds fuel sale violations in Giza, Qalyubiya
Egypt
December 10, 2012
Ministry campaign finds fuel sale violations in Giza, Qalyubiya
A Supply and Internal Trade Ministry inspection team has found that two gas stations in Qalyubiya and Giza had sold…
Public prosecutor detains six petroleum sector officials
Egypt
October 23, 2012
Public prosecutor detains six petroleum sector officials
Public Prosecutor Abdel Meguid Mahmoud on Tuesday ordered the detention of six officials from the Misr Petroleum Company for 15…
Ministry says fuel crisis easing after new supply from Bulgaria
Egypt
September 25, 2012
Ministry says fuel crisis easing after new supply from Bulgaria
The fuel shortages eased as Egypt on Monday received a new 32 ton shipment from Bulgaria at the Alexandria seaport,…
Illegal pesticides threaten agriculture and fragile ecosystem
Environment
September 3, 2012
Illegal pesticides threaten agriculture and fragile ecosystem
The spread of counterfeit pesticides and fertilizers that contain dangerous toxic substances is one of the biggest dangers threatening agriculture…
Minister accuses MPs of selling oil on black market
Egypt
June 25, 2012
Minister accuses MPs of selling oil on black market
Minister of Supply and Domestic Trade Gouda Abdel Khaleq said that the ministry has filed several reports against former…