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Foreign investment in communications declines amid unrest

Foreign investment in communications declines amid unrest

Current events in Egypt have caused some foreign companies to refrain from investing in Egypt, while other communication centers have…
Central Bank of Egypt: Losses caused by protests not calculated

Central Bank of Egypt: Losses caused by protests not calculated

The vice-president of the Central Bank of Egypt (CBE), Hisham Ramez, has said it is too early to gauge the…
Egypt tourist industry workers suffer unpaid leave amid vanished tourism

Egypt tourist industry workers suffer unpaid leave amid vanished tourism

Tourist resorts, hotels and tourism companies in Red Sea governorates granted 90 percent of workers open-ended periods of leave without…
Egypt pound down less than feared, central bank supports

Egypt pound down less than feared, central bank supports

The central bank appeared to intervene indirectly to support the Egyptian pound on Sunday as foreign exchange trade resumed after…
Egypt says petroleum exports affected by pipeline explosion

Egypt says petroleum exports affected by pipeline explosion

Egypt’s petrol exports have been affected by an explosion that took place on a natural gas pipeline, north of Sinai,…
Egyptian exports drop in January

Egyptian exports drop in January

Egyptian exports have dropped by six percent in January compared to December due to the curfew imposed by Egyptian authorities…
Egypt’s stock exchange suspended Sunday and Monday

Egypt’s stock exchange suspended Sunday and Monday

Egypt's stock exchange will remain suspended on Sunday and Monday due to the unrest taking place in Egypt, Chairman of…
Egyptian turmoil helping to lift oil, food prices

Egyptian turmoil helping to lift oil, food prices

The standoff in Egypt and uncertainty about where it will lead is causing global economic jitters. It's already pushing up…
Stock market to cut trading hours

Stock market to cut trading hours

Egyptian Stock Exchange President Khaled Seyam announced that authorities are planning to shorten the trading period when the stock market…
Saudis call for Egypt investments to be protected

Saudis call for Egypt investments to be protected

Saudi investors said they are worried about their investments in Egypt amid the current state of unrest. They urged Egyptian…
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