Several major international airports have been closed due to an ongoing cold wave across the European continent, reducing the number of incoming flights to Egypt, say tourism specialists.
“But we can't yet determine whether local hotel occupancies (...)
French suppliers substantially raised their wheat prices at a tender offer held Thursday by the General Authority for Supply Commodities (GASC), according to a GASC official.
The official, who requested anonymity, attributed the price hike to (...)
UK-based oil giant British Petroleum (BP) has agreed to sell oil and gas fields in Egypt, the US, and Canada to Apache Corp for US$7 billion in an attempt to raise cash following its record oil spill in the Gulf of Mexico.
The Egyptian properties (...)
Egypt's unemployment rate reached 9.4 percent in the last quarter of 2009 compared to 8.8 percent in the last quarter of 2008, according to a report issued Monday by the state-run Central Agency for Public Mobilization and Statistics.
The report (...)