inflation

Labor leader: Mubarak will intervene to resolve minimum wage controversy
Business

Labor leader: Mubarak will intervene to resolve minimum wage controversy

Abdel Rahman Kheir, workers' representative at the National Council for Wages, said on Thursday that President Hosni Mubarak would intervene…
Investors’ federation calls for upping minimum wage to LE600/month
Business

Investors’ federation calls for upping minimum wage to LE600/month

The Egyptian Federation of Investor Associations this week called for raising the national monthly minimum wage to LE600.Last week, Egypt's…
Protest against soaring food prices erupts before ministers’ council
Egypt

Protest against soaring food prices erupts before ministers’ council

A demonstration was staged in front of the Cairo headquarters of Egypt's Council of Ministers on Sunday to protest soaring…
Laborers stage protests nationwide to demand better salaries
Egypt

Laborers stage protests nationwide to demand better salaries

Labor protests erupted in several Egyptian cities on Wednesday, all of which featured demands by workers for salary raises in…
Egyptian pound falls to lowest since June 2006
Business

Egyptian pound falls to lowest since June 2006

The Egyptian pound weakened to 5.7580 against the US dollar on Wednesday, its lowest since June 2006, with dealers in…
Govt plans to increase supply of basic commodities
Business

Govt plans to increase supply of basic commodities

The Ministry of Investment has approved a state-run plan to increase the supply of basic commodities in a bid to…
Agriculture Ministry officials blame low tomato yields on virus
Business

Agriculture Ministry officials blame low tomato yields on virus

The Ministry of Agriculture is in the process of drawing up technical committees to examine tomato production throughout the country…
Prime Minister: Soaring food prices ‘outside government’s control’
Business

Prime Minister: Soaring food prices ‘outside government’s control’

Soaring meat and vegetable prices represented a "seasonal phenomenon" caused by crop damage resulting from poor weather conditions and were…
Prime Minister blames vegetable price hikes on inclement weather
Business

Prime Minister blames vegetable price hikes on inclement weather

Egyptian Prime Minister Ahmed Nazif blamed the recent increase in vegetable prices and a resultant rise in inflation on spoiled…
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