Egypt to announce new private sector financing deals at Sunday conference    CBE Deputy Governor attends ceremony appointing DPI as new manager of 'Nclude'    Egypt deploys over 2,400 ambulances to support high school exams nationwide    Environment Minister chairs closing session on Mediterranean Sea protection at UN Ocean Conference    Egypt nuclear authority: No radiation rise amid regional unrest    Egypt selected for $1bn climate fund decarbonisation programme: Al-Mashat    Grand Egyptian Museum opening delayed to Q4    Egypt delays Grand Museum opening to Q4 amid regional tensions    Israel and Iran's nuclear programme: Intense strikes and "limited damage"    Trump faces MAGA backlash as Israel-Iran conflict tests non-interventionist promise    Egypt's Foreign Minister condemns Israeli strikes in calls with European, Iraqi counterparts    Egypt slams Israeli strike on Iran, warns of regional chaos    Private sector gains clout in Egypt's economic strategy talks    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Egypt's EDA joins high-level Africa-Europe medicines regulatory talks    US Senate clears over $3b in arms sales to Qatar, UAE    Egypt, Lebanon discuss water, irrigation cooperation    France's growth outlook dips    Egypt discusses urgent population, development plan with WB    Egypt reaffirms commitment to ocean conservation at UN conference    Egypt's Irrigation Minister urges scientific cooperation to tackle water scarcity    Egypt boosts higher education ties under 24/25 strategy    Egypt, Serbia explore cultural cooperation in heritage, tourism    Egypt discovers three New Kingdom tombs in Luxor's Dra' Abu El-Naga    Egypt launches "Memory of the City" app to document urban history    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    Egypt's Democratic Generation Party Evaluates 84 Candidates Ahead of Parliamentary Vote    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Cabinet approves establishment of national medical tourism council to boost healthcare sector    Egypt's PM follows up on Julius Nyerere dam project in Tanzania    Egypt's FM inspects Julius Nyerere Dam project in Tanzania    Egypt's FM praises ties with Tanzania    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    

Articles of the author Heba Bakr Mohamed Megally
Following market dive, rights group calls for ban on money transfers abroad
The Nassar Human Rights Center sent a note to the attorney-general on Wednesday requesting that he ban the transfer of money outside the country so as to prevent capital flight out of Egypt. The move comes following the massive losses suffered by (...)

27 - 01 - 2011
Trade minister: Egypt wants stable, normalized relations with Iran
Egypt wants "stable and normal" relations with Iran, Egyptian Minister of Trade and Industry Rachid Mohamed Rachid said on Wednesday. At a meeting with officials from the African, Arab and Islamic Chambers of Commerce, Rachid stated that it was (...)

16 - 12 - 2010
Cotton prices reach new high prior to end of season
Cotton prices have reached a new high, according to a number of cotton industry employees in Alexandria. The price of the Giza 86 variety is selling at 128 cents and enjoyed increased popularity during the current export season. Giza 88 sells for (...)

19 - 08 - 2010
Iron factories to lower prices in June
Iron factories have reduced the prices of iron for June by around LE300. The average selling price of one ton of iron will be set at LE3600. Ezz Steel has lowered its prices by LE250, such that the new factory price will be LE3550, and the price for (...)

30 - 05 - 2010
Private sector allowed to secure energy for power stations
Alexandria--Petroleum Minister Sameh Fahmy announced his ministry's approval to allow the private sector to secure as much energy as is needed to establish power stations. Fahmy went on to stress the importance of taking steps to regulate the (...)

19 - 05 - 2010
Officials blame butchers for rising meat prices
Various experts and cattle breeders believe that butchers are responsible for the recent rise in meat prices. On top of this, Egypt has lost nearly 900,000 cattle due to the import of sick cattle from abroad, said Saad el-Hayany, president of the (...)

26 - 03 - 2010
Investment minister: No return to nationalization
Alexandria--At a conference devoted to investment opportunities in Egypt's Nile Delta on Tuesday, Investment Minister Mahmoud Mohie Eddin strongly objected to the proposed nationalization of certain private companies. "Workers cannot request that (...)

17 - 03 - 2010
Ezz Steel raises wholesale prices
Ezz Steel raised its wholesale rebar prices by LE230 per ton in the largest single price increase since 2008. The move is expected to push per-ton retail prices as high as LE3500. According to Ezz Steel Sales Director Samir Naaman, retail prices (...)

31 - 01 - 2010
Alex sees spike in subsidized tea prices
Abdel Fattah Ahmed, commercial director of the public-sector Alexandria Company for Cooperatives, said that the Investment Ministry had set new prices for subsidized tea sold at state cooperatives in Alexandria. New prices reportedly went into (...)

14 - 01 - 2010
Yearly sugar subsidies reach LE3.5 billion
Annual state sugar subsidies have been raised from LE2.2 billion last year to LE3.5 billion this year to reflect rising global commodity prices. The government will continue to allocate the same amount of sugar--260,000 tons per annum--for purchase (...)

11 - 01 - 2010
Alex real-estate prices skyrocket
Property prices in the coastal city of Alexandria have risen considerably in recent months, especially in areas overlooking the Mediterranean Sea, where the price for one square meter of land has reached LE50,000. Prices for housing units in the (...)

11 - 01 - 2010
Experts fear DP Sokhna sale in wake of debt crisis
Local marine-transport experts are concerned that the UAE-based Dubai Ports World (DP World) will sell its Egyptian Sokhna Port operation in an effort to help its ailing mother company, Dubai International Capital, meet US$60 billion worth of debt (...)

07 - 12 - 2009
Pensioners'' movement warns of "anger of the poor"
In a hard-hitting response to the ruling National Democratic Party's (NDP's) recently-concluded sixth annual party congress, the opposition "Pensioners Defense Movement" issued a statement urging President Hosni Mubarak to reconsider the social and (...)

05 - 11 - 2009
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