Business
Egyptian bank adopts responsible lending
March 5, 2010
Egyptian bank adopts responsible lending
The Arab African International Bank (AAIB) is the first Egyptian financial institution to adopt the Equator Principles, a set of…
Egypt eyes European bond market
March 5, 2010
Egypt eyes European bond market
CAIRO-Egypt plans to tap the Eurobond market for $1 billion-1.5 billion in seven to eight weeks, its first such issue…
Correction: Real estate photo
March 1, 2010
Correction: Real estate photo
This photo was incorrectly used with two stories on this site, here and here. It is in fact a photo…
MPs push for Egypt’s farmers
March 1, 2010
MPs push for Egypt’s farmers
Parliament's agriculture and irrigation committee accused the government of "fighting" and "belittling" farmers. At a meeting on Sunday, the committee…
10,000 construction jobs at risk
February 27, 2010
10,000 construction jobs at risk
The jobs of 10,000 workers at the Egyptian Contracting Company (formerly known as Mokhtar Ibrahim) are under threat due to…
Egypt should stand ready to raise rates, IMF says
February 25, 2010
Egypt should stand ready to raise rates, IMF says
Egypt should be prepared to raise interest rates if inflation does not abate and should work to cut its budget…
AUC sells part of old campus
February 25, 2010
AUC sells part of old campus
The American University in Cairo (AUC) sold the first of three buildings on its old downtown campus, after it moved…
9 million real estate tax declarations received
February 23, 2010
9 million real estate tax declarations received
The Egyptian Tax Authority has thus far received some nine million declarations under the new real estate tax system and…
Official report: Unemployment hits 9.4%
February 22, 2010
Official report: Unemployment hits 9.4%
Egypt's unemployment rate reached 9.4 percent in the last quarter of 2009 compared to 8.8 percent in the last quarter…
Shura members blast social fund excesses
February 21, 2010
Shura members blast social fund excesses
Members of the Shura Council (the consultative chamber of parliament) blasted the statesocs-run Social Development Fund (SDF) for granting loans…