economy

English-language press review: Toyota recall, Afghanistan offensive, Iraqi elections
Egypt

English-language press review: Toyota recall, Afghanistan offensive, Iraqi elections

American and British newspapers extensively covered over the past week Toyota’s massive vehicle recall, the biggest NATO offensive in Afghanistan…
CAPMAS: Inflation up 13.6% in January
Business

CAPMAS: Inflation up 13.6% in January

In a statement Wednesday, Abu Bakr el-Guindi, president of the state-run Central Agency for Public Mobilization and Statistics (CAPMAS), noted…
US ambassador: Free trade with Egypt not on US agenda
Egypt

US ambassador: Free trade with Egypt not on US agenda

Many obstacles still stand in the way a free trade agreement between Egypt and the United States, said US Ambassador…
Tanta workers continue sit-in protest downtown
Egypt

Tanta workers continue sit-in protest downtown

Workers from the Tanta Flax and Oils Company continued their sit-in in front of the headquarters of the Cabinet of…
Davos: Not much for the Middle East
Egypt

Davos: Not much for the Middle East

Prime Minister Ahmed Nazif had an excellent excuse to miss the Davos forum this year: he just got married. But…
New Burullus harbor unsafe, say fishermen
Egypt

New Burullus harbor unsafe, say fishermen

Mohamed el-Balati boards the boat on which he works as a fisherman in Burullus. He scans the Burullus strait, his…
Stock exchange closes over 7000
Business

Stock exchange closes over 7000

The EGX 30 index of the Egyptian Stock Exchange closed at more than 7000 points on Wednesday due to purchases…
New Trade Ministry strategy to double exports
Business

New Trade Ministry strategy to double exports

The Trade Ministry devised a new strategy to increase Egyptian exports to LE580 billion in the next four years.Trade Minister…
Egypt stock market up 1.84%
Business

Egypt stock market up 1.84%

 For the third consecutive day, the Egyptian exchange saw a considerable increase, as more Egyptian investors bought stock, while Arab…
Local prices of iron increase
Business

Local prices of iron increase

Iron companies have raised the prices of iron to be sold in February by between LE200 to LE250, after Ezz…
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