Business

Egypt car sales rebound

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

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

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

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

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

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

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

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

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

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…
Back to top button