Japanese auto parts producers look to investment opportunities in Egypt
A Japanese business delegation of 22 auto parts producers is poised to visit Cairo during the middle of the week.According to Abdul Monem Saudi, chairman of the Egyptian Japanese Business…
Mortgage Loans approvals hit LE 241 mln in six months
The Mortgage Finance Authority has signed mortgage contracts valued at LE 241 million over the past six months, which, according to MFA chairman Osama Saleh, will enhance opportunities for achieving…
Poultry growers criticize government for encouraging imports
The Poultry and Meat Committee at the Egyptian Food Industries Chamber of Commerce voiced criticism of the government's decision to extend imports of poultry, meat and fish imports to March…
NDP media blitz on constitutional amendments
Opposition criticizes official party's stranglehold on mediaCAIRO: The ruling party is planning an aggressive campaign to promote its policies and proposed amendments to the constitution, announced the website of the…
Egypt urges respect for ceasefire agreement
Arab League welcomes the Abbas initiativeEgypt has called for both the Israeli and Palestinian sides to respect the newly reached ceasefire agreed on between Palestinian President Mahmoud Abbas and Israeli…
"No women allowed at work without the veil," chant Azhar students
Nearly 300 male students at Al-Azhar University angrily protested against what they considered to be anti-veil remarks made by Minister of Culture Farouk Hosni.Chanting slogans such as, "The veil is…
President sees signs for Middle East peace
President Hosni Mubarak said in an interview published on Saturday that he saw hopeful signs that big powers are turning their attention to a settlement of the Israeli-Palestinian conflict."There are…
Cement prices drop as production makes slight gains on demand
Industry challenges debated at annual pan-Arab producers conferenceCAIRO: Local cement prices continued to fall last week, reaching a LE 320 per ton average according to the Ministry of Foreign Trade…
African Development Bank grants $590 mln in loans to Egypt
The African Development Bank (ADB) will grant Egypt two loans and a grant valued at $590 million, said Minister of International Cooperation Fayza Abu El-Naga on Saturday.The funds will be…
