Business
Civil aviation losses amount to LE2bn since January uprising
August 1, 2011
Civil aviation losses amount to LE2bn since January uprising
Civil Aviation Minister Lotfy Kamal said on Monday that initial estimates indicate that the ministry has lost LE2 billion since…
PM to discuss frozen remittances with Iraqi delegation
August 1, 2011
PM to discuss frozen remittances with Iraqi delegation
Prime Minister Essam Sharaf will meet with a delegation of the Iraqi Finance Ministry on Tuesday to resolve the problem…
Official: Arab tourists to Egypt dropped in first half of 2011
August 1, 2011
Official: Arab tourists to Egypt dropped in first half of 2011
The number of Arab tourists who visited Egypt in the first half of 2011 dropped by 15.3 percent compared to…
Credit Agricole Egypt says net profit down 30%
July 31, 2011
Credit Agricole Egypt says net profit down 30%
Credit Agricole Egypt's net profit for the first six months of 2011 fell 30 percent from a year earlier, the…
IFC to invest, provide loan to Egypt’s OCI
July 29, 2011
IFC to invest, provide loan to Egypt’s OCI
The International Finance Corporation (IFC), the World Bank's private-sector lending arm, said on Friday it would make a $50…
Economist: Balance between market and state economy ideal for Egypt
July 29, 2011
Economist: Balance between market and state economy ideal for Egypt
Nobel Prize winner and economist Joseph Stiglitz believes that an economic model balanced between a market and state economy would…
East Mediterranean Gas asks permission to resume pumping gas to Israel
July 27, 2011
East Mediterranean Gas asks permission to resume pumping gas to Israel
The East Mediterranean Gas (EMG), the company that exports Egyptian natural gas to Israel, has requested permission to resume pumping…
International union federations vie for Egypt’s workers
July 27, 2011
International union federations vie for Egypt’s workers
The recently liberated Egyptian labor movement is being courted by international union federations looking for inroads into one of the…
Foreign direct investment falls by 75%
July 27, 2011
Foreign direct investment falls by 75%
Foreign direct investment fell by 75.1 percent in the first quarter of 2011 compared to the last quarter of 2010,…
Nielsen: 72% of Egyptians cut spending in second quarter
July 27, 2011
Nielsen: 72% of Egyptians cut spending in second quarter
A study by global market research company Nielsen has revealed that the Egyptian consumer confidence rate fell from 102 to…