Business
Egyptian stock exchange suffers fifth worse loss on record
September 28, 2011
Egyptian stock exchange suffers fifth worse loss on record
The Egyptian stock exchange on Wednesday lost more than LE10 billion, the fifth biggest one-day loss in the country's history.
Flights between Egypt and Libya resume
September 27, 2011
Flights between Egypt and Libya resume
Flights between Egypt and the eastern Libyan city of Benghazi have resumed, an airport official said on Tuesday, with plans…
Egypt’s OCI to develop Palm Hills property project
September 27, 2011
Egypt’s OCI to develop Palm Hills property project
Egypt's Palm Hills Development, the country's second-biggest listed developer, said Orascom Construction (OCICq.L) had won the development contract for a…
Egyptian airports recover 80% of activity
September 27, 2011
Egyptian airports recover 80% of activity
The Egyptian Airports Company said Monday that domestic aviation has been restored to 80 percent of its former activity, and…
Cabinet approves amendments to antitrust laws
September 26, 2011
Cabinet approves amendments to antitrust laws
The cabinet has approved amendments to the antitrust law, granting the government the right to set prices of certain basic…
Egypt’s Orascom Telecom renews Bangladesh license
September 26, 2011
Egypt’s Orascom Telecom renews Bangladesh license
Egypt's telecom giant Orascom Telecom Holding says its Bangladeshi subsidiary Banglalink has been approved a 15-year license to continue operating…
Egypt mobile phone June subscriptions up 30 pct
September 26, 2011
Egypt mobile phone June subscriptions up 30 pct
The number of mobile phone subscriptions in Egypt grew 30 percent from a year earlier to 76.43 million as of…
Dubai World reopens Ain Sokhna port in Egypt
September 26, 2011
Dubai World reopens Ain Sokhna port in Egypt
Dubai port operator DP World has reopened its Ain Sokhna port in Egypt after a temporary shutdown caused by labor…
Finance minister: Subsidies are Egypt’s greatest enemy
September 25, 2011
Finance minister: Subsidies are Egypt’s greatest enemy
Subsidies are Egypt's greatest enemy in the transitional period, Finance Minister Hazem al-Beblawy has said, claiming that the government is…
Dubai World sets conditions for resumption of work at Sokhna Port
September 24, 2011
Dubai World sets conditions for resumption of work at Sokhna Port
Port operator DP World, owned by Dubai World, on Saturday laid down several conditions for the resumption of work at…