Business - The Egyptian Gazette

Board Chairman: Ali Hashem
Editor-in-Chief: Ramadan A. Kader

Tuesday, September 7, 2010

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	Egypt's bourse slips on bearish mood For the second day in a row, Egypt's main index slipped on Monday as locals were driven by a bearish sentiment, traders said. >>> More

	Egypt's balance of trade moves into surplus CAIRO- Egypt's balance of payments swung into surplus in the year to end-June from a deficit a year earlier, the central bank said on Monday. >>> More

	Egypt to grow crops in Sudan CAIRO- Egypt has signed an agreement with Sudan to grow wheat, maize and sugar beets on one million feddans (acres) in the latter. >>> More

	Egypt signs deal to allow farmland access in Sudan CAIRO- Egypt's government signed a deal to allow Egyptian companies access to farm land in Sudan, the first deal of its kind between the two countries, an agriculture ministry official said on Monday. >>> More

	Egypt buys 57,200 tonnes of rice CAIRO--Egypt's General Authority for Supply Commodities (GASC) said on Sunday it had bought 57,200 tonnes of rice from the local market through a tender. Nomani Nomani, vice chairman of GASC, told Reuters the price range was 2,000-2,230 Egyptian pounds ($360.9-$402.4) per tonne. >>> More

	Locals pull Egypt's market down Egyptian stocks slightly slipped on Sunday as locals were driven by a bearish sentiment, traders said. Local investors made net sell-offs worth LE6.3 million ($1.2 million). >>> More

	Egypt denies importing gas CAIRO--Egypt's Ministry of Oil Saturday denied it has plans to import gas. "The Ministry of Oil has not decided and has no plans to import gas," said Tareq el-Hadeedi, the Ministry's First Undersecretary for Gas Affairs. He was commenting on a report printed in the independent daily newspaper Al Masri Al Youm that Egypt is likely to import gas from Qatar and Iraq. >>> More

	Turkey, Egypt sign agreement to set up joint trade chamber ISTANBUL- Turkish and Egyptian trade chamber unions signed an agreement here to set up a joint trade chamber to boost business between the two countries, local media reported Saturday. >>> More

	Egypt wheat reserve to last until end-Jan CAIRO- Wheat reserves held by Egypt, the world's biggest wheat importer, will last until the end of January, a local newspaper quoted an official as saying on Friday. >>> More

	Be patient! Here's the problem: You're waiting for someone to finish compiling a report that you need for a meeting. Because of an issue that came up, you're already 15 minutes late. You can feel your body getting tense, and you're getting quite cross. >>> More

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