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Thursday 24 December 2009
Egypt looking to boost Russian wheat imports

The Egyptian Ministry of Trade and Industry said yesterday that negations on the bilateral free trade agreement (FTA) with Russia would start in early 2010.
"Negotiations on the bilateral FTA will start in early 2010," the Ministry said in a statement after a meeting between Egypt's Minister of Trade and Industry Rashid Mohamed Rashid and his Russian counterpart Viktor Khristenko.

Ready for the oven: Egypt has imported 3.61 million tonnes of wheat since last July.
Ready for the oven: Egypt has imported 3.61 million tonnes of wheat since last July.

Dollar rises to 2-month high vs yen

LONDON (Reuters) - The dollar was broadly firmer yesterday, touching two-month peaks against the yen in holiday-thinned trade, underpinned by firm US housing data and higher US bond yields.


European shares hit fresh 14-month high

LONDON (Reuters) – European shares hit a fresh 14-month high yesterday, the last full trading day before the Christmas holiday, with banks and energy companies leading.


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Previous poll results

Why are you living in Cairo?

- Because I enjoy its hustle and bustle             40 per cent
- Because of my work

                               48 per cent
- Because I have no other option                    12 per cent

Prayer's Times
Time Cairo
Fajr (Dawn) 5:15am
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Isha (Evening) 6:24pm

    

 
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