Business
Public medical insurance deficit stands at LE12 billion
September 14, 2011
Public medical insurance deficit stands at LE12 billion
Dr. Abdel Rahman al-Saqqa, president of the Medical Insurance Authority, on Wednesday said the authority suffers a deficit of LE12…
Turkey, Egypt mull joint Mediterranean gas drilling
September 14, 2011
Turkey, Egypt mull joint Mediterranean gas drilling
Turkish Energy Minister Taner Yildiz said on Wednesday Turkey may carry out gas exploration in the Mediterranean with Egypt and…
Sources: CBE’s governor to be reinstated for one more year
September 14, 2011
Sources: CBE’s governor to be reinstated for one more year
Egypt's ruling military council and the prime minister's cabinet are considering reinstating the Central Bank of Egypt governor and board…
New natural gas export prices to Jordan to be announced end September
September 13, 2011
New natural gas export prices to Jordan to be announced end September
Petroleum Minister Abdallah Ghorab has said that he sent a report to the cabinet containing the results of the negotiations…
Egypt’s stocks fall for 2nd day
September 12, 2011
Egypt’s stocks fall for 2nd day
Egypt's benchmark stock index fell for a second consecutive day Monday, as the country's military rulers showed growing impatience with…
Egypt has enough flour for 6 months, says government
September 12, 2011
Egypt has enough flour for 6 months, says government
Egypt's strategic reserves of flour are sufficient for the coming six months, said Nasr Noaman, the vice president of the…
Egypt to offer LE4 billion in bonds
September 12, 2011
Egypt to offer LE4 billion in bonds
Egypt's Finance Ministry will offer LE4 billion (US$669.7 million) in two and three-year bonds in an auction on 19 September,…
Egypt tourist arrivals down a third in Q2
September 12, 2011
Egypt tourist arrivals down a third in Q2
Tourist arrivals in Egypt dropped by 35.4 percent in the second quarter following the unrest that surrounded the overthrow of…
Egypt negotiating higher gas prices with Jordan
September 12, 2011
Egypt negotiating higher gas prices with Jordan
Egypt is negotiating with Jordan over increasing the price of Egyptian natural gas it exports to the fellow Arab state,…
Tourism authority: Israeli Embassy attack will hurt tourism
September 11, 2011
Tourism authority: Israeli Embassy attack will hurt tourism
The attack on the Israeli Embassy will have a negative impact on the tourism sector, Head of International Tourism at…