Business

Spinning factory sale thwarted

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

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…
Tough times for car sales

Tough times for car sales

More cars are rolling down Cairo's crowded streets than ever before. Nevertheless, 2009 has proven to be a tough year…
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