Article: News in brief.

Steel prices drop

Local Steel producers decided to reduce steel prices by at least LE 300 per ton as of March 2009. Meanwhile, Al Ezz Steel Rebars said it will decrease steel prices from LE 3,400 per ton in February 2009 to LE 3,050 per ton. --Al-Ahram

Indian investor acquires stake in medical company

Indian investor, Bavagatou Shiti acquired an 86.3 percent stake in Alexandria Medical Services Company, an investment worth LE 96.7 million, reported Al-Mal.

Tourism authority looks into ad agency proposals

The Tourism Promotion Authority intends to open the financial envelopes of three competing advertising agencies for the ...

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