economy
Egyptian tourism income increases by 15.8%
Business
January 17, 2011
Egyptian tourism income increases by 15.8%
Government statistics from between January and September 2010 show an increase in rates of inbound tourism, nights spent at hotels,…
Cabinet denies plans to cut prices
Egypt
January 17, 2011
Cabinet denies plans to cut prices
The government will leave the reduction of goods' prices to market mechanisms, said Magdi Radi, the cabinet's official spokesperson.Radi denied…
Govt prepares legislation to boost SMEs
Business
December 21, 2010
Govt prepares legislation to boost SMEs
The Egyptian government is drafting a set of legislation to boost investment in small and medium enterprises (SMEs), according to…
Black taxi or white taxi?
Opinion
November 2, 2010
Black taxi or white taxi?
For decades, the Egyptian economy was managed in the same manner that a taxi driver managed his vehicle. The taxi--let’s…
Telecom Egypt CEO denies regional expansion plans
Business
October 28, 2010
Telecom Egypt CEO denies regional expansion plans
Telecom Egypt has no plans to expand elsewhere in the region for now, its chief executive said on Thursday after…
Egypt pound weakens to fresh 3-1/2 year low
Business
October 19, 2010
Egypt pound weakens to fresh 3-1/2 year low
The Egyptian pound traded as low as 5.7360 to the dollar on Tuesday, a new three and a half year…
Egypt firm sees private education revenues up
Business
October 19, 2010
Egypt firm sees private education revenues up
Cairo for Investment and Real Estate Development, which builds and runs schools, said it expects revenues to hit LE100 million…
Oxfam: Israeli policies damaging to the Palestinian olive oil industry
Egypt
October 15, 2010
Oxfam: Israeli policies damaging to the Palestinian olive oil industry
The Israeli occupation of the West bank and siege of Gaza are seriously harming Palestinian olive oil production which contributes…
Iran exports first petrochemicals to Egypt
Business
October 14, 2010
Iran exports first petrochemicals to Egypt
Tehran--An Iranian official has said that Tehran has exported its petrochemicals to Egypt, a country with which it has still…
Sharp rise in Israeli tourism coupled with sharper decline in Algerian visitors, report says
Business
October 6, 2010
Sharp rise in Israeli tourism coupled with sharper decline in Algerian visitors, report says
Egyptian Ministry of Tourism statistics reveal a 12.6 percent increase in the number of Israeli tourists visiting Egypt between 2009…