economy
Tantawi to inaugurate 3 factories in Fayoum on Sunday
Egypt
October 1, 2011
Tantawi to inaugurate 3 factories in Fayoum on Sunday
Field Marshal Hussein Tantawi, head of the Supreme Council of the Armed Forces (SCAF), will inaugurate on Sunday three factories…
Egypt falls 13 slots on Global Competitiveness Index
Business
September 28, 2011
Egypt falls 13 slots on Global Competitiveness Index
Egypt went down from number 81 last year to number 94 on the 2011 Global Competitiveness Index, which lists a…
Egyptian stock exchange suffers fifth worse loss on record
Business
September 28, 2011
Egyptian stock exchange suffers fifth worse loss on record
The Egyptian stock exchange on Wednesday lost more than LE10 billion, the fifth biggest one-day loss in the country's history.
Finance minister: Subsidies are Egypt’s greatest enemy
Business
September 25, 2011
Finance minister: Subsidies are Egypt’s greatest enemy
Subsidies are Egypt's greatest enemy in the transitional period, Finance Minister Hazem al-Beblawy has said, claiming that the government is…
Egypt asks US business for help, urges investment
Business
September 24, 2011
Egypt asks US business for help, urges investment
WASHINGTON - Badly in need of cash flow, Egypt appealed on Friday to the US business community to help the…
Political forces launch initiative to salvage the revolution
Egypt
September 22, 2011
Political forces launch initiative to salvage the revolution
Fifty political parties, civil society organizations, youth coalitions, syndicates and student unions on Thursday launched an initiative to salvage…
IMF: Political, security uncertainty hinders Mideast growth
Business
September 20, 2011
IMF: Political, security uncertainty hinders Mideast growth
Oil-exporting states in the Middle East will lead economic growth in the region, where pro-democracy uprisings have been pushing for…
Govt report: Rice, meat, fish prices rose in August
Egypt
September 20, 2011
Govt report: Rice, meat, fish prices rose in August
Local rice, meat and fish prices were higher in August than July, an Egyptian government report said on Tuesday. The…
UAE lends Egypt US$1.5 billion
Business
September 18, 2011
UAE lends Egypt US$1.5 billion
The United Arab Emirates (UAE) ambassador in Cairo, Mohamed al-Zahiry, said on Sunday that his country is lending Egypt US$1.5…
Egypt considers renegotiating loan with IMF
Business
September 18, 2011
Egypt considers renegotiating loan with IMF
Senior official sources have revealed that the Egyptian government is considering renegotiating with the International Monetary Fund (IMF) for a…