Business
Egypt still in talks with IMF on up to US$4 bln loan
April 27, 2011
Egypt still in talks with IMF on up to US$4 bln loan
Kuwait--Egypt's government is still in talks with the International Monetary Fund for a US$3 billion to US$4 billion loan and…
Meat prices down, staples up in March
April 27, 2011
Meat prices down, staples up in March
The average price of beef has dropped from LE59.61 per kilogram in February to LE55.61in March, a decrease of 6.7…
Ambassador expects rise in Swedish tourists by September
April 26, 2011
Ambassador expects rise in Swedish tourists by September
Swedish Ambassador to Egypt Malin Kärre said she expects the number of Swedish tourists visiting Egypt to rise by September,…
Egypt court scraps land sale to Palm Hills
April 26, 2011
Egypt court scraps land sale to Palm Hills
CAIRO - An Egyptian court ruled on Tuesday that the sale of state land to Palm Hills Development, the country's…
Dispute over Toshka project land over, Saudi prince says
April 26, 2011
Dispute over Toshka project land over, Saudi prince says
Saudi Prince al-Walid bin Talal has announced that the dispute with Egypt on Toshka project land is resolved, after a…
Hotels in Egypt decrease accomodation prices during spring holidays
April 25, 2011
Hotels in Egypt decrease accomodation prices during spring holidays
Several hotels based in Egypt reduced accommodation prices during spring holidays, particularly in Red Sea resorts, to face the decline…
Spinning and weaving company demands dumping duties for imported yarn
April 25, 2011
Spinning and weaving company demands dumping duties for imported yarn
The Holding Company for Spinning and Weaving drafted a memo calling for the imposition of dumping duties on imports of…
USAID’s Egypt program to address economic development
April 24, 2011
USAID’s Egypt program to address economic development
The US Agency for International Development (USAID) has announced that its annual assitance program in Egypt, sheduled to be implemented…
Egyptian PM to meet Prince Al-Waleed bin Talal in Riyadh
April 24, 2011
Egyptian PM to meet Prince Al-Waleed bin Talal in Riyadh
Saudi Prince Al-Waleed bin Talal will meet with Egyptian Prime Minister Essam Sharaf to finalize bin Talal’s agreement with the…
Government to double food subsidies
April 22, 2011
Government to double food subsidies
An official source said the government plans to double subsidies of ration card commodities, amounting to LE26 billion this fiscal…