Business
National carrier seeks to lease 40 percent of its fleet
February 21, 2011
National carrier seeks to lease 40 percent of its fleet
National carrier EgyptAir plans on grounding 40 percent of its 92-plane fleet and will offer to lease them to other…
Stock exchange to remain closed through Wednesday
February 21, 2011
Stock exchange to remain closed through Wednesday
A decision was made today to extend the suspension of trading on the Egyptian Stock Exchange through Wednesday to allow…
Egypt’s stock exchange to remain closed on Tuesday
February 20, 2011
Egypt’s stock exchange to remain closed on Tuesday
The management of the stock exchange said it would still be closed on Tuesday until banks operate normally, adding that…
Egypt pound closes weaker after banks reopen
February 20, 2011
Egypt pound closes weaker after banks reopen
The Egyptian pound weakened on Sunday after the nation's banks reopened from a three-day closure caused by worker strikes and…
Germany, Japan support Egypt during transitional phase
February 20, 2011
Germany, Japan support Egypt during transitional phase
German authorities removed the ban on its nationals traveling to the Red Sea and announced that its investment in Egypt…
Egypt’s army should bring opposition to manage workforce’s expectations, say experts
February 20, 2011
Egypt’s army should bring opposition to manage workforce’s expectations, say experts
When a housekeeper came to work in Cairo on Thursday, she had a dreamy look in her eyes.According to a…
Q&A with Ahmed Galal: The tough yet bright road ahead for Egypt’s economy
February 19, 2011
Q&A with Ahmed Galal: The tough yet bright road ahead for Egypt’s economy
The 25 January revolution is set to bring about a broad shift in Egypt's administration, away from the Mubarak regime…
Banks to reopen Sunday following longest closure since January 25
February 19, 2011
Banks to reopen Sunday following longest closure since January 25
Banks will on Sunday reopen following the longest period of closure brought about by the 25 January revolution.Meanwhile, Farouq al-Oqda,…
Butchers, green grocers slash prices in solidarity with revolution
February 19, 2011
Butchers, green grocers slash prices in solidarity with revolution
Several butchers and green grocers have decided to lower their prices in solidarity with the 25 January revolution.Traders raised banners…
Egyptians face food hardship after protests
February 18, 2011
Egyptians face food hardship after protests
Electrician Hassan Ibrahim, a father of three, hopes Egypt's revolution will speed the day he no longer lives in fear…