Economy
Shafik Gabr on the economy, ElBaradei, Orientalism
February 18, 2010
Shafik Gabr on the economy, ElBaradei, Orientalism
M. Shafik Gabr is one of Egypt’s leading industrialists. Chairman of the Artoc Group for Investment and Development, Gabr, 57,…
Algerian pressure may cut Orascom unit’s value
February 17, 2010
Algerian pressure may cut Orascom unit’s value
Egypt's Orascom Telecom could secure US$6-7 billion if it chooses to sell its Algerian unit Djezzy, but might have to…
Local cement firms raise prices in unison
January 20, 2010
Local cement firms raise prices in unison
Local cement companies increased their per-ton prices Wednesday by between LE15 and LE22. Some observers believe the move represents a…
In light of crisis, discount sales come early this year
January 14, 2010
In light of crisis, discount sales come early this year
From "50-percent-off" to "buy-one-get-one-free" deals, local retailers are scrambling to boost sales amid widespread financial difficulties associated with the unfolding…
New real estate law to tax the rich and punish evaders
January 11, 2010
New real estate law to tax the rich and punish evaders
A new real estate tax law currently being introduced will not impose a heavy burden on Egyptians, said Tarek Farag,…
2009 economy overview: Could have been worse
December 24, 2009
2009 economy overview: Could have been worse
2009 was a brutal economic year for most of the world, with markets in turmoil, mass layoffs and the specter…
Renault’s Logan sets out to capture Egyptian market
December 1, 2009
Renault’s Logan sets out to capture Egyptian market
The Logan may soon become the best selling car in Egypt. This sedan, which is manufactured in Morocco by the…
Potatoes spark export row
November 22, 2009
Potatoes spark export row
Some rotten potatoes are spoiling Egypt's trade relationship with Europe.By 2010, agricultural trade between Egypt and the European Union (EU)…
Football mania or advertising frenzy?
November 19, 2009
Football mania or advertising frenzy?
In the past several days, two battles have raged in Egypt. One was the national football team’s attempt to qualify…
Who you callin’ lazy?
November 19, 2009
Who you callin’ lazy?
In the actual city that never sleeps, 1 am traffic is not an uncommon sight on weekdays. Cairo’s main roads…