Business
Govt buildings to cut electricity use by half
July 15, 2010
Govt buildings to cut electricity use by half
The Council of Ministers issued a decree on 30 June for all government buildings nationwide to reduce their electricity consumption…
Stock exchange drops slightly
July 15, 2010
Stock exchange drops slightly
The Egyptian stock exchange recorded a minor drop of 0.13 percent on Thursday, the first day for its new director…
Spending on ads up 36%
July 15, 2010
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
July 15, 2010
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
July 15, 2010
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
July 13, 2010
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
July 13, 2010
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
July 13, 2010
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
July 12, 2010
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
July 12, 2010
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…