economy
Minimum wage a cure for ‘corruption’
Opinion
March 29, 2011
Minimum wage a cure for ‘corruption’
The word fasad, corruption, has been chanted like a mantra in Egypt for the past month and a half. Ever…
Companies hit hard as Egypt’s stock market reopens
Business
March 23, 2011
Companies hit hard as Egypt’s stock market reopens
The stocks of leading Egyptian companies experienced heavy losses Wednesday as trading resumed after a six-week hiatus caused by mass…
Institutional reform, wealth distribution necessary for Egypt’s economic growth
World
March 23, 2011
Institutional reform, wealth distribution necessary for Egypt’s economic growth
The Middle East and North Africa region must focus on opening regional economies and strengthening state institutions in the wake…
Stock market to open for three hours Wednesday
Business
March 22, 2011
Stock market to open for three hours Wednesday
Stock market transactions will begin Wednesday but will be limited to three hours daily for one week, an official source…
Tourism Ministry temporarily suspends permits for new travel agencies
Business
March 21, 2011
Tourism Ministry temporarily suspends permits for new travel agencies
Permits for starting new travel agencies will be suspended for a year, Tourism Minister Mounir Fakhri Abdel Nour said today.There…
FM: No conditions on European aid to Egypt
Egypt
March 14, 2011
FM: No conditions on European aid to Egypt
European states have not set conditions for supporting Egypt's economy, Egyptian Foreign Minister Nabil al-Araby said on Monday.Following a meeting…
Tourism minister asks Russia to lift travel restrictions
Egypt
March 14, 2011
Tourism minister asks Russia to lift travel restrictions
Egypt's Minister of Tourism Mounir Fakhry Abdel Nour asked Russia to lift restrictions it imposed on travel to Egypt.The Russian…
Egypt inflation eases slightly in Feb, Central Bank rates eyed
Business
March 10, 2011
Egypt inflation eases slightly in Feb, Central Bank rates eyed
Egyptian inflation slowed in the year to February, supporting a hold in central bank interest rates on Thursday to support…
General Motors Egypt to invest $175 million as economy takes stock
Business
February 28, 2011
General Motors Egypt to invest $175 million as economy takes stock
General Motors Egypt announced that it plans to inject the Egyptian market with new investments worth US$175 million.
Govt report: Prices of meat and fish stable in January
Egypt
February 27, 2011
Govt report: Prices of meat and fish stable in January
The changes in food prices during January are at odds with those of December 2010, said a government report.Tomatoes, white…