Business
Phone operators mobilize for World Cup qualifier
November 10, 2009
Phone operators mobilize for World Cup qualifier
Even mobile phone operators in Egypt are gearing up for the upcoming World Cup qualifying soccer match between Egypt and…
China-Africa Summit in Sharm el-Sheikh begins today
November 8, 2009
China-Africa Summit in Sharm el-Sheikh begins today
President Mubarak will open the fourth ministerial conference of the Forum on China-Africa Cooperation in Sharm el-Sheikh today. Participants include…
Iraq offers housing contracts to Egyptian private sector
November 5, 2009
Iraq offers housing contracts to Egyptian private sector
The Iraqi government on Tuesday offered contracts for the construction of 3.5 million housing units in Iraq to the Egyptian…
Applications pile up for “new taxi” project
November 4, 2009
Applications pile up for “new taxi” project
The Finance Ministry on Tuesday announced that banks had received a total of 34,561 fresh applications from taxi owners wishing…
Stock exchange drops 2.6%
November 2, 2009
Stock exchange drops 2.6%
The stock exchange on Sunday closed with a drop of 2.6 percent on the EGX 30 index, after purchases by…
Govt: Poverty rate up 2%
October 29, 2009
Govt: Poverty rate up 2%
Minister of Economic Development Othman Mohamed Othman said on Tuesday that the poverty rate in Egypt has gone from 19…
Financial position of brokers is good, says stock market official
October 24, 2009
Financial position of brokers is good, says stock market official
The status of security brokers is good, although they carried out funding operations over the past period. And the credit…
Local steel producers make cry for help
October 23, 2009
Local steel producers make cry for help
Local steel manufacturers have asked the Ministry of Trade and Industry for help in offsetting recent losses incurred as a…
Spinning factory sale thwarted
October 23, 2009
Spinning factory sale thwarted
The state-owned Spinning and Weaving Holding Company and the National Investment Bank (NIB) issued orders forbidding the Misr-Iran Spinning and…
Boutros-Ghali: Economy Grew 4.7% Despite Crisis
October 20, 2009
Boutros-Ghali: Economy Grew 4.7% Despite Crisis
Finance Minister Youssef Boutros-Ghali said that LE15 billion injected into the local economy as part of an "economic incentive" program…