Business
Cabinet says butane gas shortage resolved soon
November 11, 2013
Cabinet says butane gas shortage resolved soon
Cabinet has said that a crisis over shortages in butane gas cylinders will be resolved soon. Egypt's ministries of petroleum and…
Egypt well on IMF’s horizons, Lagarde says
November 11, 2013
Egypt well on IMF’s horizons, Lagarde says
Christine Lagarde, head of the International Monetary Fund (IMF), said Egypt is well on the horizons of the fund. In her…
CAPMAS says inflation reached 11.5 percent in October
November 10, 2013
CAPMAS says inflation reached 11.5 percent in October
The Central Agency for Public Mobilization and Statistics (CAPMAS) announced that yhe annual inflation rate increased by 11.5 percent in…
Banque Misr CEO defends banks amid ‘unfair’ accusations
November 10, 2013
Banque Misr CEO defends banks amid ‘unfair’ accusations
Al-Masry Al-Youm sits down with President of the Union of Arab Banks and Banque Misr CEO, Mohamed Barakat to discuss…
Investments plagued with low-qualified workers
November 10, 2013
Investments plagued with low-qualified workers
Egypt is suffering a clear lack of investments, which many businessmen who run factories in various industrial zones across the…
Egypt relies on Gulf aid for economy: Then what?
November 10, 2013
Egypt relies on Gulf aid for economy: Then what?
Egypt is engaged in a high stakes gamble, using billions of dollars from Gulf Arab allies to stimulate the economy and keep its…
Abu Dhabi bank chief says Egypt must develop base of economy
November 9, 2013
Abu Dhabi bank chief says Egypt must develop base of economy
In order to reach its potential, Egypt must first develop the base of its economy, which currently lacks raw materials…
Egypt signs five new oil excavation deals
November 9, 2013
Egypt signs five new oil excavation deals
Egypt’s Minister of Petroleum Sherif Ismail has signed five new deals for petroleum excavation in West Ghazalat in the Western…
Market capital up LE3 billion
November 7, 2013
Market capital up LE3 billion
Stock indices rose marginally by the end of Thursday’s trading session, as investors took profits made from Wednesday’s strong rise. The…
Tougher punishments introduced for butane gas storehouses: governors
November 7, 2013
Tougher punishments introduced for butane gas storehouses: governors
Egyptian governors will introduce deterrents, including fines and tougher prison sentences, to stop warehouses manipulating the distribution of butane gas. Those…