A wave of alert follows the announcement that a Chinese steel freight will be sold for around EGP 700-800 less than Egyptian steel.
The news caused local steel producers to panic, forcing Ezz steel to lower its prices by EGP 250 per tonne, reaching (...)
The Real Estate Tax Authority (RETA) is about to instate the article 196 real estate tax law, four years after it was first issued, according to head of RETA, Tarek Farag.
Farag made the announcement during a seminar to the Association of Taxes (...)
The Ministry of Transport is studying the feasibility of raising the price of metro tickets by around a quarter.
Currently EGP1, the new price would be between 125 to 150 piastres, Egyptian media has reported. Furthermore, the ministry is also (...)
Employees of Telecom Egypt have met the appointment of the company's new non-executive chief officer, Omar El-Sheikh, with muted approval.
“I am neutral towards the appointment but hopefully he might meet our expectations," the president of Telecom (...)
The prices of non-ferrous metals (copper, aluminium and lead)have dropped across international markets, after witnessing a slight rise last week, according to a report published by the Metallurgical Industries Chamber (MIC).
The price of copper fell (...)
Protesters outside the Cabinet criticized the meeting of Prime Minister Kamal el-Ganzouri with five Tahrir Youth, who claimed to be representatives of both the revolution youth and cabinet protesters.
Protesters accused this delegation of being (...)
CAIRO: The Judicial Committee assigned to monitor parliamentary elections in North Cairo's third constituency has started counting ballots from most polling stations at Future Experimental Language School in Nasr City to determine the runoff (...)
CAIRO: Designated Egyptian Prime Minister Kamal el-Ganzouri said Egypt's ruling military council is expected to decide to amend the tenth item in article no. 57 and 56 from the constitution today December 5.
Those amendments will provide (...)
Prime Minister-designate Kamal el-Ganzouri said all ministries were formed except one, and denied Osama Heikal would continue as Minister of Information.
"News reports that claimed the formation of the new government has stumbled are untrue," (...)
Field Marshal Mohamed Hussein Tantawi, the Head of the Supreme Council of the Armed Forces, said martyrs' blood and injured protesters would never go in vain, and the council would undertake legal procedures during a meeting with officers and (...)
Prime Minister designate Dr. Kamal el-Ganzouri said he has not formed a government yet, and the previous government headed by Essam Sharaf is still operating.
Ganzouri said he met with 17 youth and career groups Saturday. He was surprised that (...)
CAIRO: Ministry of Health media spokesman Mohamed al-Sherbiny said the number of dead reached 23 over the past three days, caused by the clashes in Tahrir Square.
Al-Sherbiny added the number of injured reached 72 today November 21 with different (...)
CAIRO: A Japanese expert helped the Egyptian Ministry of Planning create a new pentagonal economic and social development strategy, according to sources within the ministry.
The source said this decision was made to use Japanese experience in the (...)
ASYUT, Egypt: Hundreds of teachers from the Al-Azhar Institute today blocked the Gohorya Road in Asyut City to protest against the inequalities amongst Al-Azhar educators and those associated with the Egyptian Ministry of Education.
The (...)
CAIRO: Egyptian Prime Minister Essam Sharaf is holding a closed meeting with Deputy Prime Minister Ali al-Selmy for political development and democratic reform.
Al-Selmy is expected to show results of his discussions with political forces today (...)
HAGUE: The acceptance of Egyptians abroad to register for the Egyptian parliamentary election in Europe is too weak.
The weak acceptance forced mosques and Coptic Christian churches to establish places to help Egyptians register on the official (...)
Egypt's trade balance deficit rose by 22 percent during August 2011 according to the Central Agency for Public Mobilization and Statistics.
The agency said the deficit reached 18.169 billion EGP during August 2011 in comparison to 14.888 billion (...)
CAIRO: Ten revolutionary coalitions have called for tomorrow's Friday prayers to be held at the Giza Pyramids and for a demonstration protesting officials' approval of a Masonic ceremony there.
The coalitions involved are the Revolution of Free (...)
The families of those injured and killed during the January 25 Revolution protested outside the Revolution Care Fund to call for quick sentencing of those accused of killing or injuring their relatives.
Protesters called for reform, a change of (...)
Field Marshal Hussein Tantawi, head of the Supreme Council of the Armed Forces (SCAF), met Mostafa Abdel Jalil, head of Libya's National Transitional Council and the delegation accompanying him.
The meeting discussed mutual cooperation in the (...)
CAIRO: Parliamentary candidate Gameela Ismail suspended her electoral campaign today in protest over the Egyptian military prosecution's decision to detain a longtime activist.
Alaa Abdel Fattah was remanded into custody for 15 days for (...)
CAIRO: Judge Adel Moursy, head of Egypt's military judicial authority, denied today that Mina Daniel is included on the list of 11 defendants accused with inciting the deadly October 9 Maspiro clashes.
Daniel was one of 27 killed when bloody (...)
prime minister, CAIRO: Egyptian Prime Minister Essam Sharaf will meet with a number of lawyers and judges in an attempt to reconcile the crisis between the two groups.
Sharaf will meet prominent figures including the head of the Judges Club, (...)
Minister of Communication and Technology Mohamed Sallem said Egyptian youth used social networks like Faceook and Twitter to support their launching of the Egyptian January 25 Revolution.
The number of social networks and Facebook users in Egypt (...)
RED SEA GOVERNORATE: A number of protesting policemen damaged the front gates, windows, and furniture of the Red Sea Security Directorate building Tuesday morning in Red Sea City,
Hundreds of policemen protested, supporting their colleagues all (...)