Business
PM appointment causes stock market slump
July 25, 2012
PM appointment causes stock market slump
The stock market slumped for a second day on investor skepticism of the political and economic experience of Egypt's new…
Consumer confidence drops 0.7% in June, says state agency
July 22, 2012
Consumer confidence drops 0.7% in June, says state agency
Consumer confidence decreased by about 7 percent during June, said a monthly report by the Information and Decision Support Center.…
Ramadan consumer frenzy curtailed by anxious retailers and unsure consumers
July 21, 2012
Ramadan consumer frenzy curtailed by anxious retailers and unsure consumers
Soheir Salem, a housewife and mother of four, walked out to the markets last Friday looking to buy her…
British Gas announces new finding in Red Sea
July 19, 2012
British Gas announces new finding in Red Sea
The Petroleum Ministry said that the British Gas Company made a commercial gas finding in the Red Sea that has…
Don’t destroy beach tourism, Morsy told
July 18, 2012
Don’t destroy beach tourism, Morsy told
AIN SOKHNA — The beanbag chair decorated with Pharaonic-era rulers that Waleed displays has found another use since passing business…
Tourism rises in first half of 2012
July 17, 2012
Tourism rises in first half of 2012
Tourism Minister Mounir Fakhry Abdel Nour on Tuesday said that the number of tourists in Egypt during the first six…
Average family spends 40% on food and beverages, says CAPMAS
July 16, 2012
Average family spends 40% on food and beverages, says CAPMAS
A recent study by the Central Agency for Public Mobilization and Statistics has shown that the Egyptian family spends an…
Abouelnaga: FJP stalled IMF loan, Cabinet behind economic recovery
July 16, 2012
Abouelnaga: FJP stalled IMF loan, Cabinet behind economic recovery
Minister of Planning and International Cooperation Fayza Abouelnaga said on Monday that "the dissolved Parliament’s attitude was behind the failure…
Living on borrowed time: Morsy’s political economics
July 16, 2012
Living on borrowed time: Morsy’s political economics
President Mohamed Morsy is seeking to use public spending to build a base of support in diverse sectors of society,…
Shater’s son launches Zad, a new supermarket franchise
July 15, 2012
Shater’s son launches Zad, a new supermarket franchise
Saad al-Shater, managing director of the Zad Company and son of the Muslim Brotherhood Deputy Guide Khairat al-Shater, on Sunday said…