Business

Gold prices continue climb

Gold prices continue climb

The price of gold continued its dizzying ascent yesterday with the average price of one ounce reaching US$1214 on the…
CASE regains LE15 million since Monday crash

CASE regains LE15 million since Monday crash

The Cairo and Alexandria Stock Exchange (CASE) Wednesday regained some LE8.8 million, bringing total gains to LE15 million since Monday,…
Egypt’s energy investments safe, says Algeria

Egypt’s energy investments safe, says Algeria

The Algerian energy minister confirmed that energy projects implemented in collaboration between Algerian fuel company Sonatrach and its Egyptian counterparts…
Telecom Egypt to reduce land line to mobile tariffs

Telecom Egypt to reduce land line to mobile tariffs

Telecom Egypt (TE) is planning to reduce tariffs for calls made from land lines to mobile phones. The company will…
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)…
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