global financial crisis
After G20 stalemate, focus turns to signs of growth momentum
Business
February 28, 2016
After G20 stalemate, focus turns to signs of growth momentum
Investors worried about the risk of a new global recession are hoping that data over the coming week will show…
Labor organization: Egypt among Arab nations most affected by financial crisis
Business
May 10, 2011
Labor organization: Egypt among Arab nations most affected by financial crisis
Egypt is among the Arab countries most affected by the global financial crisis, according to a report from the Arab…
Economists fear impact of Egypt pound’s slide against dollar
Business
September 1, 2010
Economists fear impact of Egypt pound’s slide against dollar
After declining sharply since mid-July, the Egyptian pound fell to 5.69 against the US dollar on Wednesday, representing its lowest…
CBE: Overseas investment by Egyptian banks decline sharply
Business
August 29, 2010
CBE: Overseas investment by Egyptian banks decline sharply
Overseas investment made by Egyptian banks dwindled in the first half of 2010 by nearly 22.7 percent, with a nearly…
CAPMAS: 2.3 million Egyptians suffer from unemployment
Egypt
August 26, 2010
CAPMAS: 2.3 million Egyptians suffer from unemployment
Official statistics agency CAPMAS announced Thursday that the national unemployment rate had fallen from 9.12 percent of the population in…
Gold hits US$1220 per ounce on fears of slow global recovery
Business
August 16, 2010
Gold hits US$1220 per ounce on fears of slow global recovery
Gold prices broke the US$1220-per-ounce mark on European markets on Monday, representing their highest level since early July.
Finance mulls duties on car guarantees
Business
August 2, 2010
Finance mulls duties on car guarantees
The Finance Ministry is thinking about levying customs duties on imported car guarantees, according to sources at the automobiles department…
Minister: Economy better since global crisis
Business
July 29, 2010
Minister: Economy better since global crisis
Economic Development Minister Othman Mohamed Othman at a press conference on Thursday said the Egyptian economy had improved since the…
Minister: Property investments unscathed by global crisis
Business
July 8, 2010
Minister: Property investments unscathed by global crisis
In a speech before the Al-Ahram International Conference for Real Estate Investment, Housing Minister Ahmed el-Maghraby on Wednesday said that…
Sudan national carrier to sell 70% stake
Business
June 21, 2010
Sudan national carrier to sell 70% stake
The Kuwaiti AREF investment group and the Sudanese Al-Fayhaa Company, which together own 70 percent of Sudanese national carrier Sudan…