economy
Post-revolt Egypt unlikely to yield big investment openings
Business
September 17, 2011
Post-revolt Egypt unlikely to yield big investment openings
The political unrest in North Africa and the Middle East is unlikely to produce significant investment opportunities for multinational corporations…
Egypt tourist arrivals down a third in Q2
Business
September 12, 2011
Egypt tourist arrivals down a third in Q2
Tourist arrivals in Egypt dropped by 35.4 percent in the second quarter following the unrest that surrounded the overthrow of…
Egypt BoP deficit at US$9.2 bln in FY 2011
Business
September 10, 2011
Egypt BoP deficit at US$9.2 bln in FY 2011
Egypt had a balance of payments deficit of US$9.2 billion in the financial year 2010-11, reversing a surplus of $3.4…
Al-Qaeda could benefit from dysfunctional democracy and economy in Egypt, warns EU
Egypt
September 6, 2011
Al-Qaeda could benefit from dysfunctional democracy and economy in Egypt, warns EU
BRUSSELS - The Arab uprisings have provided an opportunity for Al-Qaeda, the EU's counter-terrorism chief said Monday, underlining the need…
Local gold prices still increasing
Business
September 5, 2011
Local gold prices still increasing
Local gold prices are still soaring due to a global price hike, gold experts say. Amir Rezq, member of the…
Analysts voice optimism for Egyptian investments in post-Qadhafi Libya
Business
September 1, 2011
Analysts voice optimism for Egyptian investments in post-Qadhafi Libya
Analysts have predicted that Egyptian investments in Libya will be positively affected by the success of anti-regime rebels in ousting…
Egypt predicts higher hotel occupancy during Eid
Egypt
August 29, 2011
Egypt predicts higher hotel occupancy during Eid
Egypt's Tourism Ministry predicts that hotels' occupancy rates will rise during the Eid al-Fitr feast as more Egyptians head to…
Achieving high growth rates will take 3-5 years, says Central Bank governor
Business
August 24, 2011
Achieving high growth rates will take 3-5 years, says Central Bank governor
Central Bank Governor Farouq al-Oqda said on Wednesday that the economy needs three to five years to achieve high growth…
Egypt’s economy in bottle neck, says deputy prime minister
Business
August 23, 2011
Egypt’s economy in bottle neck, says deputy prime minister
Egypt’s economy is in a bottle neck, said Deputy Prime Minister Hazem al-Beblawy on Monday. “It will be for a…