Business
Vegetable prices rise by 20% as winter growing season ends
March 20, 2011
Vegetable prices rise by 20% as winter growing season ends
The prices of some vegetables have risen over the past days by approximately 20 percent, an increase which traders attributed…
Central Bank of Egypt to let the pound drop gradually
March 17, 2011
Central Bank of Egypt to let the pound drop gradually
The Central Bank of Egypt (CBE) announced on Wednesday it would allow the value of the Egyptian pound (EGP) to…
Illicit Gains Authority bans Mubaraks from accessing bank account
March 15, 2011
Illicit Gains Authority bans Mubaraks from accessing bank account
The Illicit Gains Authority (IGA) on Tuesday banned ousted President Hosni Mubarak and his family from accessing their Bibliotheca Alexandrina…
Automobile sales suffer sharp drop
March 15, 2011
Automobile sales suffer sharp drop
Car sales in Egypt have recorded a steep drop over the past few weeks, triggered by the 25 January revolution…
EgyptAir complains of smear campaign
March 15, 2011
EgyptAir complains of smear campaign
EgyptAir has complained of a smear campaign aimed at destabilizing and damaging the company’s reputation through the publication of false…
Egyptian company to test re-pumping of gas to Israel
March 14, 2011
Egyptian company to test re-pumping of gas to Israel
The Egyptian Natural Gas Holding Company (EGAS) has announced that it is making preparations for a test pumping of gas…
Losses on Egyptian Stock Exchange difficult to predict
March 14, 2011
Losses on Egyptian Stock Exchange difficult to predict
Predicting losses on the stock index when the Egyptian Stock Exchange finally re-opens is difficult, said financial experts on Monday.…
Natural gas from Egypt to Israel to resume Monday
March 13, 2011
Natural gas from Egypt to Israel to resume Monday
Jerusalem--Natural gas supply from Egypt to Israeli customers is expected to resume on Monday after the pipeline was damaged five…
Egypt’s bourse to resume trade before week’s end
March 13, 2011
Egypt’s bourse to resume trade before week’s end
Egypt's bourse .EGX30 will reopen before the end of this week, the head of the Misr for Central Clearing, Depository…
CBE decides to keep rates unchanged again
March 11, 2011
CBE decides to keep rates unchanged again
The Central Bank of Egypt's Monetary Policy Committee decided in a meeting last night to maintain overnight deposit and lending…