commodities

Two killed in battles over scarce butane gas
Egypt

Two killed in battles over scarce butane gas

Two people have died and 16 others wounded in battles over scarce butane gas cylinders in several governorates. A 50-year-old…
Egypt’s trade deficit jumps by over 40% in one year
Business

Egypt’s trade deficit jumps by over 40% in one year

Egypt's trade deficit climbed by 42.6 percent in October 2010 compared to the same month in 2009, the Central Agency…
Minister rules out Tunisian-style unrest in Egypt
Egypt

Minister rules out Tunisian-style unrest in Egypt

Minister of Trade and Industry, Rachid Mohamed Rachid, on Tuesday ruled out the possibility that Egypt might undergo violent protests similar…
Egypt must restructure subsidies
Opinion

Egypt must restructure subsidies

There is almost a consensus that the existing subsidies system in Egypt is dysfunctional.The Minister of Economic Development has recently…
Cement traders lower prices to offset poor sales
Business

Cement traders lower prices to offset poor sales

Cement sales have declined sharply due to slower building and construction activity throughout Egypt.The drop in demand has prompted several…
Processed meat and poultry prices up 25%
Business

Processed meat and poultry prices up 25%

Prices of processed meat and poultry went up between 15 and 25 percent amid expectations for similar increases in the…
Butane shortages burden Daqahlia, Minya, Suez
Business

Butane shortages burden Daqahlia, Minya, Suez

Things are getting ugly in the Daqahlia town of Gedeila. Minya and Suez aren't far behind. The problem? Chronic shortages…
Global, local gold prices return to earth
Business

Global, local gold prices return to earth

Local gold prices took a fall this weekend, reflecting a decline in their global counterparts, with the price of one…
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