economy
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…
Egypt benchmark stock index plummets on overnight violence
Egypt
October 10, 2011
Egypt benchmark stock index plummets on overnight violence
CAIRO - Egypt’s benchmark stock index fell sharply early Monday, dragged down by investor panic after the country’s capital was…
A green push for measuring the economy
Environment
October 9, 2011
A green push for measuring the economy
Measuring the gross domestic product (GDP) of a nation continues to be the main indicator of its economic strength. GDP…
Qatar supports Egypt’s general budget with US$500 million, increases investments
Egypt
October 6, 2011
Qatar supports Egypt’s general budget with US$500 million, increases investments
The Qatari government has allocated US$500 million to support Egypt's general budget and decided to increase its investments in Egypt…
Minister of Manpower: Egypt is on the brink of bankruptcy
Business
October 5, 2011
Minister of Manpower: Egypt is on the brink of bankruptcy
“Egypt is currently passing through a critical period and on the brink of bankruptcy,” said Minister of Manpower and Immigration…
London lord mayor in Cairo for talks on bilateral cooperation
Business
October 4, 2011
London lord mayor in Cairo for talks on bilateral cooperation
London Lord Mayor Michael Bear arrived in Cairo Tuesday morning, leading a delegation on a visit to Cairo that will…
Egypt might go bankrupt in 6 months, ElBaradei warns
Egypt
October 4, 2011
Egypt might go bankrupt in 6 months, ElBaradei warns
Egypt might face bankruptcy within six months, Egyptian reform advocate and presidential hopeful Mohamed ElBaradei warned on Monday. During a…