Business
Business tycoon accused of monopolizing steel market
March 23, 2011
Business tycoon accused of monopolizing steel market
In two reports he submitted to Attorney General Abdel Meguid Mahmoud, President of the Central Auditing Organization(CAO) Gawdat al-Malt accused…
Egypt reviews natural gas contracts
March 23, 2011
Egypt reviews natural gas contracts
The Egyptian Petroleum Ministry is reviewing natural gas sale contracts in an effort to create a new policy that will…
Egypt’s stock market plunges on reopening
March 23, 2011
Egypt’s stock market plunges on reopening
Shares on Egypt’s stock exchange plunged by about 10 percent within moments of the market’s reopening Wednesday, following a nearly…
Verdict on Saudi Prince’s Toshka land contract due on 26 April
March 22, 2011
Verdict on Saudi Prince’s Toshka land contract due on 26 April
The Administrative Judicial Court will issue its verdict on 16 April on the annullment of the Toshka land contract signed…
Company exporting gas to Israel sees no reason to amend contract with Egypt govt
March 22, 2011
Company exporting gas to Israel sees no reason to amend contract with Egypt govt
A company that exports Egyptian natural gas does not see why its contract with the Egyptian government should be changed…
Company exporting gas to Israel sees no reason to amend contract with Egypt govt
March 22, 2011
Company exporting gas to Israel sees no reason to amend contract with Egypt govt
A company that exports Egyptian natural gas does not see why its contract with the Egyptian government should be changed…
Stock market to open for three hours Wednesday
March 22, 2011
Stock market to open for three hours Wednesday
Stock market transactions will begin Wednesday but will be limited to three hours daily for one week, an official source…
Egypt stock exchange to open tomorrow
March 22, 2011
Egypt stock exchange to open tomorrow
With yet another, and seemingly more realistic, stock market re-opening date, concerns are many and speculations even more. With the…
US$6.3 billion transferred out of Egypt in 2010
March 21, 2011
US$6.3 billion transferred out of Egypt in 2010
Funds amounting to US$6.3 billion were transferred out of Egypt in 2010, according to Global Financial Integrity (GFI). “Egypt is…
Egyptian Stock Exchange to resume trading on Wednesday
March 21, 2011
Egyptian Stock Exchange to resume trading on Wednesday
The Egyptian government decided on Monday to re-open the Egyptian Stock Exchange on Wednesday after nearly 50 days of it…