Business

Stock exchange regains LE6 billion lost Monday

Stock exchange regains LE6 billion lost Monday

The Egyptian stock exchange rose by 3.4 per cent yesterday, regaining the LE6.6 billion that was lost on Monday. However,…
Dubai crisis hits Egyptian markets

Dubai crisis hits Egyptian markets

The financial crisis suffered by Dubai has had a severe impact on Arab markets. Egyptian stocks in particular dropped steeply…
Renault’s Logan sets out to capture Egyptian market

Renault’s Logan sets out to capture Egyptian market

The Logan may soon become the best selling car in Egypt. This sedan, which is manufactured in Morocco by the…
First quarter report says economy still suffering

First quarter report says economy still suffering

The first quarter balance of payment for the current fiscal year indicates that the Egyptian economy is still suffering from…
Global, local gold prices continue through roof

Global, local gold prices continue through roof

Gold prices have continued to skyrocket both internationally and locally, with unprecedented price highs causing a state of stagnation on…
Potatoes spark export row

Potatoes spark export row

Some rotten potatoes are spoiling Egypt's trade relationship with Europe.By 2010, agricultural trade between Egypt and the European Union (EU)…
Social solidarity minister: New choices for bread subsidy

Social solidarity minister: New choices for bread subsidy

The new policy on subsidized bread will allow citizens to receive a monthly payment of LE13.5 in cash, buy subsidized…
Concerns over reduced wheat prices

Concerns over reduced wheat prices

The Egyptian government is hesitant to announce the prices for local wheat supplies due to concerns  with the decline in…
Experts forecast real-estate recovery post-crisis

Experts forecast real-estate recovery post-crisis

Demand for real estate, especially luxury housing units, has declined this year, due largely to the ongoing global financial crisis.…
Football mania or advertising frenzy?

Football mania or advertising frenzy?

In the past several days, two battles have raged in Egypt. One was the national football team’s attempt to qualify…
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