Business
Arab Spring cost region 7 million tourists in 2011
May 3, 2012
Arab Spring cost region 7 million tourists in 2011
Political unrest cost the Middle East 5 million and North Africa 2 million tourists in 2011, according to the United…
IMF official: Egypt needs to do more to secure aid
May 2, 2012
IMF official: Egypt needs to do more to secure aid
DUBAI — Egypt needs to do more to secure a US$3.2 billion loan from the International Monetary Fund, including gathering…
Central Bank examines easing restrictions on small enterprises
May 2, 2012
Central Bank examines easing restrictions on small enterprises
The Central Bank of Egypt is examining giving new facilities to small- and medium-scale enterprises (SMEs) in cooperation with international…
Govt ministerial commission to recover debts of Egyptian companies in Libya
May 1, 2012
Govt ministerial commission to recover debts of Egyptian companies in Libya
The Egyptian Ministry of Foreign Trade and Industry received a number of complaints from Egyptian companies working in Libya concerning…
Report: No press freedom decline worldwide for first time in 8 years
May 1, 2012
Report: No press freedom decline worldwide for first time in 8 years
As decades-old authoritarian regimes crumbled or eased their grip in countries as widespread as Myanmar, Egypt, Libya and Tunisia, freedom…
50% increase in Egypt-Saudi trade volume in 2012
April 28, 2012
50% increase in Egypt-Saudi trade volume in 2012
The amount of trade between Egypt and Saudi Arabia increased during the first quarter of 2012 by 50 percent, compared…
UN to help Egypt get back stolen funds
April 27, 2012
UN to help Egypt get back stolen funds
The United Nations has offered to help Egypt recover its “smuggled and frozen” overseas funds taken from the country by…
Parliament committee stipulates Ganzouri cabinet would not use full IMF loan
April 27, 2012
Parliament committee stipulates Ganzouri cabinet would not use full IMF loan
The People's Assembly Economic Affairs Committee linked its final approval of the IMF loan to assurances that the cabinet of…
Natural gas pipeline still insured, says official
April 26, 2012
Natural gas pipeline still insured, says official
The insurance policy for the natural gas pipeline built to export Egyptian natural gas to Israel and Jordan will continue…
Petroleum Ministry not responsible for butane coupon delays, says source
April 26, 2012
Petroleum Ministry not responsible for butane coupon delays, says source
The Petroleum Ministry is not responsible for the delay in implementing a coupon system for distributing butane gas cylinders, said…