Business
Beblawy to visit UAE to discuss bilateral relations
October 21, 2013
Beblawy to visit UAE to discuss bilateral relations
Prime Minister Hazem al-Beblawy will head to the United Arab Emirates (UAE) on Friday, part of a three-day visit to…
IMF ready to help Egypt overcome economic hardships
October 20, 2013
IMF ready to help Egypt overcome economic hardships
Olga Stankova, IMF spokesperson, said the fund is ready to cooperate with Egyptian authorities to help Egypt overcome its economic…
Saudi to send $400 million in petroleum aid to Egypt next month
October 19, 2013
Saudi to send $400 million in petroleum aid to Egypt next month
Saudi Arabia is sending $400 million worth of fuel to Egypt in November, Tariq Al-Mulla, CEO of the Egyptian General Petroleum…
Vegetables prices hike despite government instructions
October 15, 2013
Vegetables prices hike despite government instructions
Hussein al-Sibaei, head of the Obour Market, said the the prices of vegetables increased significantly in retail markets on Monday,…
Cairo to host the third Euro-Mediterranean Conference of funding
October 15, 2013
Cairo to host the third Euro-Mediterranean Conference of funding
Cairo will host the third Euro-Mediterranean Conference for funding on 9 February, according to a statement on Monday by the head…
Tourism minister says he has great hope sector will recover in months
October 15, 2013
Tourism minister says he has great hope sector will recover in months
Tourism Minister Hisham Zaazou expressed great hope that the tourism sector would recover in few months and overcome losses that…
Gold sales continue to decline despite low prices
October 13, 2013
Gold sales continue to decline despite low prices
Gold prices continued to decline for the third day in a row. The 24 carat price scored LE293.70 on Friday,…
Egypt’s economic competitiveness plunges to new lows
October 12, 2013
Egypt’s economic competitiveness plunges to new lows
Political instability has caused Egypt’s economic competitiveness to tumble from 107th to 118th out of 148 countries, according to Global…
IMF official says committed to supporting Egypt during interim period
October 12, 2013
IMF official says committed to supporting Egypt during interim period
Massoud Ahmed, director of the International Monetary Fund (IMF)'s Middle East and Central Asia department, said the fund is committed…
Interim president appoints deputy governor of Central Bank of Egypt
October 5, 2013
Interim president appoints deputy governor of Central Bank of Egypt
Interim President Adly Mansour issued a presidential decree appointing Nedal al-Qassem Mohamed Assr as deputy governor of the Central Bank…