Amer Group’s profits slump in first half
Amer Group made EGP 126.79 million net profits during the first half of 2012, a 37.1 percent decline compared to EGP 201.435 million in the same period last year. Riad…
Cement prices fall as military takes control of Sinai
By Islam Serour Falling cement prices are attributable to decreased demand and the destruction of smuggling tunnels between Gaza and Rafah, Ahmed Al-Zeiny, the head of the Construction Materials Department…
Minister of Industry: Government will protect domestic industries
By Mohamed Darwish Minister of Industry and Trade, Hatem Saleh, confirmed the Ministry will take measures to protect national industry. The Ministry hopes to put the Egyptian industrial sector on…
Presidential decision to drop debts of 41,000farmers
By Islam Serour The legal consultant to President Morsy, Mohamed Fouad Gadallah, announced that the president would issue a decision to drop agricultural debts owed by 41,000 farmers. “After meeting…
Bank Du Caire’s profits soar during first half of 2012
By Nasser Yousef Banque Du Caire reported net profits for the first half of the year of EGP 400 million, of which EGP 201 million were netted during the first…
Blasts rock Israeli Red Sea resort
Israeli police is now carrying out searches to see if debris can be found to determine if the blasts were caused by rockets fired on Eilat
Gulf states say stay away from Lebanon as violence erupts
The warnings came as dozens of Syrians were reportedly kidnapped in Beirut
El-Roweiny needlessly resigns and El-Sisi appoints more new military leaders
El-Roweiny is now the sixth member of SCAF to leave the political scene
Controversial Military Prosecutor made new Chief of Military Justice
The promotion of Medhat Ghezy to Chief of Military Justice suggests that the practice of subjecting civilians to military trials will not be subject to radical change under President Morsy’s…