economy
Experts predict 14% annual inflation rate
Business
December 9, 2009
Experts predict 14% annual inflation rate
Local experts expect annual inflation rates to soon hit 14 percent due to a recent rise in foodstuff prices by…
CASE regains LE15 million since Monday crash
Business
December 2, 2009
CASE regains LE15 million since Monday crash
The Cairo and Alexandria Stock Exchange (CASE) Wednesday regained some LE8.8 million, bringing total gains to LE15 million since Monday,…
Rachid: local economy “survived global crisis”
Business
November 18, 2009
Rachid: local economy “survived global crisis”
Trade and Industry Minister Rachid Mohamed Rachid said on Tuesday that the global financial crisis was coming to an end…
Tourist numbers don’t add up
Business
November 15, 2009
Tourist numbers don’t add up
This year could have been a banner year for Egyptian tourism. Cairo International Airport's new Terminal 3 opened in April,…
Financial position of brokers is good, says stock market official
Business
October 24, 2009
Financial position of brokers is good, says stock market official
The status of security brokers is good, although they carried out funding operations over the past period. And the credit…
Spinning factory sale thwarted
Business
October 23, 2009
Spinning factory sale thwarted
The state-owned Spinning and Weaving Holding Company and the National Investment Bank (NIB) issued orders forbidding the Misr-Iran Spinning and…
Boutros-Ghali: Economy Grew 4.7% Despite Crisis
Business
October 20, 2009
Boutros-Ghali: Economy Grew 4.7% Despite Crisis
Finance Minister Youssef Boutros-Ghali said that LE15 billion injected into the local economy as part of an "economic incentive" program…