Business
Stock exchange regains LE6 billion lost Monday
December 2, 2009
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
December 1, 2009
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
December 1, 2009
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
November 25, 2009
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
November 23, 2009
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
November 22, 2009
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
November 22, 2009
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
November 22, 2009
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
November 19, 2009
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?
November 19, 2009
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…