Business
Egypt car sales rebound
March 8, 2010
Egypt car sales rebound
After a year of slow sales, the Egyptian automotive market bounced back in the beginning of 2010.The total number of…
Egyptian Railway Authority’s 2009 spending revealed
March 8, 2010
Egyptian Railway Authority’s 2009 spending revealed
The Egyptian Railway Authority (ERA) spent LE322 million from the 2009 state budget on services last year, including LE650,000 on…
Diesel shortage paralyzes Egypt’s highways
March 7, 2010
Diesel shortage paralyzes Egypt’s highways
Diesel fuel shortages continued throughout Egypt on Sunday, causing cars and buses to form 500- meter-long queues at some gas…
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…