Business
Gold prices continue climb
December 3, 2009
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
December 2, 2009
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
December 2, 2009
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
December 2, 2009
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
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)…