Ezz Steel announces increase in steel prices
Ezz Steel said it has increased steel prices by LE 50 per ton ($9 per ton) to reach LE 3,600 ($632 per ton), inclusive of the 8 percent sale tax.…
State-owned land in the spotlight
CAIRO: Several accusations of irregular buying and selling of Egypt’s state-owned land recently led to the issuance of a presidential decree which may be a step towards reforming land use…
Mercosur, Egypt to sign free-trade deal
BUENOS AIRES: Mercosur, a South American trade bloc that groups big agricultural exporters Brazil and Argentina, will sign a free-trade deal with Egypt next week, the Egyptian trade minister said…
Egypt seeks wheat as drought slashes Russian crop
CAIRO/CHICAGO: Egypt's main government wheat buyer issued an international wheat tender on Friday amid a severe drought in the Black Sea region, which has slashed production there and sent global…
NGO calls for probe into death of ‘Madinaty’ judge
CAIRO: An Egyptian NGO is calling for an investigation into a car accident that killed Mamdouh El-Saqqa, a judge who ruled against the government in the Madinaty land sale case.…
Al-Ahly beats Ismaili in African Champions League
CAIRO: Wael Gomaa scored an injury-time goal to help Egyptian club Al-Ahly beat Ismaili 2-1 in the African Champions League. Mohamed Talaat gave Al-Ahly the lead in the 58th minute…
Red Sea rockets did not come from Egypt, says security official
EL-ARISH: An Egyptian security official said on Monday that five rockets that slammed into the Red Sea ports of Eilat and Aqaba did not come from Egypt. "The rockets did…
Geddo fined LE 2.2 million; Ahly and Zamalek ‘unsatisfied’
CAIRO: The Egyptian Football Association's (EFA) board decided Sunday to fine Ahly player, Mohamed "Geddo" Nagy, LE 2.2 million for signing with two clubs at the same time. The decision…
Egypt to launch new satellite in days
CAIRO: Egypt will launch its latest satellite, Nilesat 201, on Wednesday from French Guiana. The launch is a “breakthrough for Egypt in the field of information technology,” said Minister of…
April 6 youth movement launches campaign against NDP
CAIRO: Under the slogan "Our Egypt is our right", the April 6 Youth Movement launched a campaign targeting the leaders of the National Democratic Party (NDP) and ministers' constituencies…