economy
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…
Low-cost Turkish iron prompts Egyptian producers to cut prices
Business
October 25, 2011
Low-cost Turkish iron prompts Egyptian producers to cut prices
Several Egyptian iron companies have slashed product prices for November in a move that workers attributed to falling international prices…
Egypt negotiating US$3 billion loan with IMF
Business
October 24, 2011
Egypt negotiating US$3 billion loan with IMF
A senior official at the Finance Ministry said on Monday that the Egyptian government is resuming negotiations with the International…
Govt report says food prices up in September
Business
October 23, 2011
Govt report says food prices up in September
Prices of several food commodities in September were higher than during the same period in 2010, according to a government report released…
Unit of Egypt’s OCI wins a US$578 million mall contract
Business
October 16, 2011
Unit of Egypt’s OCI wins a US$578 million mall contract
A unit of Egypt's Orascom Construction won the main US$578 million construction contract to build a mall in the capital…