New oil discoveries in Egypt
Cairo: Minister of Petroleum Sameh Fahmi announced the discovery of six oil…
Seven-way power linkage project states accept Palestine's membership in principle
Several recommendations were adopted at a meeting of electricity ministers of the…
Egypt, Jordan seek more cooperation in gas sector
Minister of Petroleum Sameh Fahmi and Jordanian Minister of Energy and Mineral…
Business recap: Government to pay-off LE 6 billion in public bank debt
CAIRO: The government announced Wednesday it has allocated LE 6 billion to…
Strategists expect further decline in dollar prices
Cairo: Egyptian currency strategists expect the US dollar prices to drop further…
Inflation hits 12.4 percent in December
Analyst: Central Bank reaction will depend on market reactionCAIRO: Inflation continued to…
Ministers approve new property tax law proposal, dramatically reducing rates
Legislation awaits final PA approval expected by end of JanuaryCAIRO: The new…
Parking fines for diplomats reach nearly $18 million despite 2002 crackdown; Egypt tops the list
Associated Press UNITED NATIONS: Diplomats in New York City still have not…
Egypt pound interbank rate edges up to 9.5 percent
CAIRO: The median overnight interbank rate on the Egyptian pound rose slightly…
Mediterranean Smart Cards Company expands reach with new deal
CAIRO: Mediterranean Smart Cards Company (MSCC) announced that they have signed an…