Business
Mubarak’s detention spurs Egyptian stock market
April 13, 2011
Mubarak’s detention spurs Egyptian stock market
Egypt's benchmark stock index rallied moderately on Wednesday, gaining as investors hoped that the detention of former President Hosni Mubarak…
Chamber of Food Industries predicts drop in meat prices
April 13, 2011
Chamber of Food Industries predicts drop in meat prices
The Chamber of Food Industries, which is affiliated with the Federation of Egyptian industries, predicted meat prices will soon drop…
Govt negotiates with French company over gas price ceiling
April 12, 2011
Govt negotiates with French company over gas price ceiling
The Egyptian government is preparing to negotiate with a French gas company regarding Egypt's decision to cancel price limits on…
Saudi prince suggests IPO offering to solve Toshka dispute
April 12, 2011
Saudi prince suggests IPO offering to solve Toshka dispute
Prince Al-Waleed bin Talal, owner of Kingdom Agricultural Development Company, has suggested another solution to resolve the dispute over 100,000…
CAPMAS: Rate of newly established companies down 60%
April 12, 2011
CAPMAS: Rate of newly established companies down 60%
At a conference of the Central Agency for Public Mobilization and Statistics (CAPMAS) on Tuesday, the agency said the rate…
Egypt’s economy faces challenges but has potential, economists say
April 12, 2011
Egypt’s economy faces challenges but has potential, economists say
A group of economists and business leaders speaking at a conference on Sunday affirmed that Egypt’s economy faces serious challenges…
Textile companies face severe material shortage
April 12, 2011
Textile companies face severe material shortage
Egypt's textile and spinning companies are facing a sharp shortage in the materials they need for production, the Textile Workers…
Stock brokerage referred to Egypt’s prosecution
April 11, 2011
Stock brokerage referred to Egypt’s prosecution
The Egyptian Financial Supervisory Authority has referred al-Naeem stock brokerage company to the prosecution on charges of manipulating the prices…
Egypt’s Sewedy says won $440 mln contract in Qatar
April 11, 2011
Egypt’s Sewedy says won $440 mln contract in Qatar
Egypt's El Sewedy Electric, the Arab world's biggest listed cable maker, said on Monday its Qatari unit had won a…
Suez Canal March revenues up at US$413.5 mln
April 11, 2011
Suez Canal March revenues up at US$413.5 mln
Revenue from Egypt's Suez Canal rose 9 percent year-on-year to US$413.5 million in March and 6.4 percent from a month…