economy
Govt official blames canceled tourist reservations on Qasr al-Aini clashes
Business
December 18, 2011
Govt official blames canceled tourist reservations on Qasr al-Aini clashes
Hesham Zaazou, deputy tourism minister, on Sunday warned that tourism in Egypt could be negatively affected by recent violent incidents,…
Shops lower prices for ‘Buy Egypt’ day, but benefits are doubted
Business
December 18, 2011
Shops lower prices for ‘Buy Egypt’ day, but benefits are doubted
In an attempt to spur the local economy from within, 16 December was dubbed “Buy Egyptian Day” by various business…
Egypt: Uncertainty is bad for business
Business
December 15, 2011
Egypt: Uncertainty is bad for business
In the tense aftermath of the January 25 revolution and amid the ongoing violence of the Arab Spring, the economic…
Investment in Egypt risky, says EU Commission official
Business
December 13, 2011
Investment in Egypt risky, says EU Commission official
European experts have warned of investment risks in Egypt, as the economy has been hit by numerous labor and political…
To buy or not to buy Egyptian… That is the question
Life & Style
December 13, 2011
To buy or not to buy Egyptian… That is the question
Egyptian talkshow host Amr Adib recently launched a global campaign encouraging Egyptians to buy their country’s products on Friday 16…
US senator Kerry: Economy is Egypt’s main problem
Egypt
December 11, 2011
US senator Kerry: Economy is Egypt’s main problem
CAIRO — Egypt urgently needs a massive cash injection and should strike a deal with the International Monetary Fund as…
Egypt pound falls to weakest in almost 7 years
Business
November 29, 2011
Egypt pound falls to weakest in almost 7 years
CAIRO — The Egyptian pound was bid as weak as 6.0036 to the US dollar on Tuesday, its lowest in…
Egypt’s economy slumps under weight of unrest
Business
November 26, 2011
Egypt’s economy slumps under weight of unrest
Drivers passing Tahrir Square in downtown Cairo curse the protesters. On radio shows, callers question whether the youth activists and…
Competition authority investigates CEMEX on monopoly charges
Business
November 18, 2011
Competition authority investigates CEMEX on monopoly charges
The Egyptian Competition Authority (ECA) has started investigating reports from traders accusing CEMEX, Assiut Cement Company of monopolistic practices, said…
New threat to bailout as Greek right rejects more austerity
World
November 15, 2011
New threat to bailout as Greek right rejects more austerity
ATHENS — Greece's conservatives vowed on Monday to reject any new austerity measures in return for the aid that is…