economy
Government intends to extend rice export ban, says official
Business
November 11, 2011
Government intends to extend rice export ban, says official
The government intends to continue banning rice exports to meet the needs of the local market, a senior Agriculture Ministry…
Egypt lost US$2 billion from cash reserves in October, says Central Bank
Business
November 3, 2011
Egypt lost US$2 billion from cash reserves in October, says Central Bank
Egypt's Central Bank lost US$2 billion from its international cash reserves in October, bringing its reserves down from $24.1 billion…
Greek referendum deepens euro zone crisis
World
November 1, 2011
Greek referendum deepens euro zone crisis
ATHENS - The leaders of France and Germany scrambled on Tuesday to limit damage after Prime Minister George Papandreou decided…
Egypt says IMF options open, has not asked for funds
Business
October 31, 2011
Egypt says IMF options open, has not asked for funds
Egypt is open to IMF funding, but the country has not made any formal request for aid since turning down…
Transportation Ministry projects frozen due to security void
Business
October 31, 2011
Transportation Ministry projects frozen due to security void
Projects Egypt’s Transportation Ministry had planned for 2011 and 2012 have been completely halted since the revolution broke out on…
Egypt sells LE5 billion in T-bills, yields rise
Business
October 30, 2011
Egypt sells LE5 billion in T-bills, yields rise
Egypt's Central Bank sold LE5 billion (US$837.55 million) in domestic treasury bills on Sunday, the same amount it had offered,…
Tunisia sees GDP growth reviving to 4.5 pct in 2012
World
October 30, 2011
Tunisia sees GDP growth reviving to 4.5 pct in 2012
Tunisia's government expects the economy to grow 4.5 percent next year, bouncing back from a slump caused by the impact…
From bringing down Ben Ali to fixing up Wall Street
Egypt
October 28, 2011
From bringing down Ben Ali to fixing up Wall Street
The Occupy Wall Street protesters are now in their second month of camping out in New York City’s financial district…
Egypt is facing financial crisis, says finance minister
Business
October 26, 2011
Egypt is facing financial crisis, says finance minister
Egypt is facing a financial crisis that only foreign funding could help alleviate in the short term, Minister of Finance…
International labor organization: Unemployment up more than 2%
Business
October 25, 2011
International labor organization: Unemployment up more than 2%
Strikes and riots after the 25 January revolution caused unemployment in Egypt to rise about 2 percent, a director at…