Business

Grocers protest shortage in supply commodities

Grocers protest shortage in supply commodities

Dozens of subsidized supply goods distributors staged a protest on Sunday outside the Food Industries Holding Company over the delivery…
Egypt preparing timetable for energy debts

Egypt preparing timetable for energy debts

Egypt is preparing a timetable for repaying arrears on debts it owes to foreign oil companies operating in the country,…
In Syria, try banks before bombs

In Syria, try banks before bombs

As President Barack Obama weighs the U.S. response to chemical weapons attacks against Syrian civilians, one soft power option should…
CBE denies Brotherhood figures have accounts in banks

CBE denies Brotherhood figures have accounts in banks

A source from the Central Bank of Egypt (CBE) said most Brotherhood figures’ assets are being invested outside the bank…
Stock market dips 4% amid Syria fears

Stock market dips 4% amid Syria fears

Egypt’s stock market marked a four-percent decline on Thursday by end of trading, amid expectations of a potential military strike…
LE22.353 billion added to investment budget as an urgent measure

LE22.353 billion added to investment budget as an urgent measure

The cabinet will begin implementing an urgent economic program in September to revive the Egyptian economy over a period of…
Egyptian government temporarily halts IMF loan negotiations

Egyptian government temporarily halts IMF loan negotiations

 According to minister of finance, Ahmed Galal, the Egyptian government currently has no intention of carrying forward talks with the…
Egyptian economy better off than in June according to finance minister

Egyptian economy better off than in June according to finance minister

Finance Minister Ahmed Galal has said Egypt's economic and financial situation has improved since June. Galal pointed to exchange rate stability,…
Railways lose LE250m over two weeks: minister

Railways lose LE250m over two weeks: minister

Minister of Transport Ibrahim al-Domeiry estimated losses incurred by Egypt's railways authority over the past two weeks at LE250 million.The…
Stock market sees modest losses

Stock market sees modest losses

After a good start to this week’s transactions, the Egypt stock market ended Monday’s session in the red as its…
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