economy
New Burullus harbor unsafe, say fishermen
Egypt
February 8, 2010
New Burullus harbor unsafe, say fishermen
Mohamed el-Balati boards the boat on which he works as a fisherman in Burullus. He scans the Burullus strait, his…
Stock exchange closes over 7000
Business
February 4, 2010
Stock exchange closes over 7000
The EGX 30 index of the Egyptian Stock Exchange closed at more than 7000 points on Wednesday due to purchases…
New Trade Ministry strategy to double exports
Business
February 4, 2010
New Trade Ministry strategy to double exports
The Trade Ministry devised a new strategy to increase Egyptian exports to LE580 billion in the next four years.Trade Minister…
Egypt stock market up 1.84%
Business
February 3, 2010
Egypt stock market up 1.84%
For the third consecutive day, the Egyptian exchange saw a considerable increase, as more Egyptian investors bought stock, while Arab…
Local prices of iron increase
Business
February 2, 2010
Local prices of iron increase
Iron companies have raised the prices of iron to be sold in February by between LE200 to LE250, after Ezz…
Dealmaking back in fashion, as CEOs buy growth
Business
February 2, 2010
Dealmaking back in fashion, as CEOs buy growth
Davos, Switzerland--The manic dealmaking of the years before the financial crisis may be some way off, but acquisitions were certainly…
Sudanese beef on the way to Egypt
Egypt
January 31, 2010
Sudanese beef on the way to Egypt
The Sudanese Ministry of Animal Resources and Fisheries has announced that it will export approximately 2000 tons of beef to…
17,000 new taxis hit streets
Business
January 27, 2010
17,000 new taxis hit streets
Finance Minister Youssef Boutros-Ghali announced Wednesday that 17,000 new taxis had recently been delivered to their owners within the context…
Stock market rebounds after profit taking
Business
January 27, 2010
Stock market rebounds after profit taking
Egypt's stock exchange climbed 1.5 percent Wednesday, with 135 company shares increasing in value and 26 decreasing in a day…
Egypt seeks China investment to offset trade deficit
Business
January 27, 2010
Egypt seeks China investment to offset trade deficit
Shanghai -- According to sources at the Egyptian Investment Ministry, Minister Mahmoud Mohi Eddin plans to discuss Egypt's growing trade…