Business

Iron demand low as prices rise

Iron demand low as prices rise

Demand for iron decreased this week after companies increased its price by an average of LE200 per ton. Meanwhile, importers…
Chinese domination of marble industry raises hackles

Chinese domination of marble industry raises hackles

Almost 90 percent of Egypt's marble factories have gone out of business due to Chinese dominance of the industry, Mahfouz…
Talaat Mustafa Group leads stock exchange

Talaat Mustafa Group leads stock exchange

Rumors that the Court of Cassation would accept Hisham Talaat Mustafa's appeal against a death sentence he received earlier for…
Stock exchange closes over 7000

Stock exchange closes over 7000

The EGX 30 index of the Egyptian Stock Exchange closed at more than 7000 points on Wednesday due to purchases…
New Trade Ministry strategy to double exports

New Trade Ministry strategy to double exports

The Trade Ministry devised a new strategy to increase Egyptian exports to LE580 billion in the next four years.Trade Minister…
Toyota: Recalled models sold in Middle East

Toyota: Recalled models sold in Middle East

Tokyo-- Toyota Motor Corp said 2005-2010 model year Avalons and 2009-2010 Sequoia cars sold in the Middle East had been…
Egypt stock market up 1.84%

Egypt stock market up 1.84%

 For the third consecutive day, the Egyptian exchange saw a considerable increase, as more Egyptian investors bought stock, while Arab…
Local prices of iron increase

Local prices of iron increase

Iron companies have raised the prices of iron to be sold in February by between LE200 to LE250, after Ezz…
Dealmaking back in fashion, as CEOs buy growth

Dealmaking back in fashion, as CEOs buy growth

Davos, Switzerland--The manic dealmaking of the years before the financial crisis may be some way off, but acquisitions were certainly…
Finance: Budget deficit at LE57.5 billion

Finance: Budget deficit at LE57.5 billion

According to a Finance Ministry report issued Monday covering the first half of the 2009/2010 fiscal year, total government expenditure…
Back to top button