Business

Spending on ads up 36%

Spending on ads up 36%

Total spending on advertisements in Cairo over the past six months is up 36 percent from the same period last…
Algeria doesn’t intend to compensate Egyptian companies, says Mehleb

Algeria doesn’t intend to compensate Egyptian companies, says Mehleb

The Algerian government will not compensate Egyptian companies that were negatively affected by riots in Algeria, according to Ibrahim Mehleb,…
Egypt’s recurring food price crisis

Egypt’s recurring food price crisis

In the summer of 2008, the so-called “food price crisis” took Egypt by storm. Drastically rising food prices made headlines…
Witnesses summoned in stock exchange case

Witnesses summoned in stock exchange case

The Financial and Commercial Prosecution Office has ordered investors who filed complaints against Maged Shawqy, former chairman of the Egyptian…
Companies investigated for forging import certificates

Companies investigated for forging import certificates

The Ministry of Industry and Foreign Trade has referred 27 imports firms for investigation, on suspicion of submitting forged certificates.…
Former stock market director faces questioning

Former stock market director faces questioning

Attorney General Abdel Meguid Mahmoud has summoned the former director of Egypt’s stock market, Maged Shawky, and the head of…
Algeria announces new law restricting foreign investment

Algeria announces new law restricting foreign investment

Algeria announced a series of measures on Sunday that will give preferential treatment to domestic firms over foreign rivals, strengthening…
Cairo Governor inaugurates el-Obour market renovations

Cairo Governor inaugurates el-Obour market renovations

Cairo governor Abdel Azim Wazir inaugurated a number of projects at el-Obour market yesterday. The renovations include the installation of…
Sinai tunnel study completed

Sinai tunnel study completed

Investment Minister Mahmoud Mohie Eddin has announced the completion of a technical study examining the possible construction of a tunnel…
Megawer: Govt keen on irregular workers interests

Megawer: Govt keen on irregular workers interests

Hussein Megawer, president of the Egyptian Trade Union Federation (ETUF), said the Egyptian government is eager to protect the interests…
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