Business
British Gas announces new finding in Red Sea
July 19, 2012
British Gas announces new finding in Red Sea
The Petroleum Ministry said that the British Gas Company made a commercial gas finding in the Red Sea that has…
Don’t destroy beach tourism, Morsy told
July 18, 2012
Don’t destroy beach tourism, Morsy told
AIN SOKHNA — The beanbag chair decorated with Pharaonic-era rulers that Waleed displays has found another use since passing business…
Tourism rises in first half of 2012
July 17, 2012
Tourism rises in first half of 2012
Tourism Minister Mounir Fakhry Abdel Nour on Tuesday said that the number of tourists in Egypt during the first six…
Average family spends 40% on food and beverages, says CAPMAS
July 16, 2012
Average family spends 40% on food and beverages, says CAPMAS
A recent study by the Central Agency for Public Mobilization and Statistics has shown that the Egyptian family spends an…
Abouelnaga: FJP stalled IMF loan, Cabinet behind economic recovery
July 16, 2012
Abouelnaga: FJP stalled IMF loan, Cabinet behind economic recovery
Minister of Planning and International Cooperation Fayza Abouelnaga said on Monday that "the dissolved Parliament’s attitude was behind the failure…
Living on borrowed time: Morsy’s political economics
July 16, 2012
Living on borrowed time: Morsy’s political economics
President Mohamed Morsy is seeking to use public spending to build a base of support in diverse sectors of society,…
Shater’s son launches Zad, a new supermarket franchise
July 15, 2012
Shater’s son launches Zad, a new supermarket franchise
Saad al-Shater, managing director of the Zad Company and son of the Muslim Brotherhood Deputy Guide Khairat al-Shater, on Sunday said…
Feud between Brothers and military threatens fragile economy
July 13, 2012
Feud between Brothers and military threatens fragile economy
Egypt's new Islamist president and his old military foes have come out swinging in a struggle for political power, but…
Brown rot threatens potato exports
July 12, 2012
Brown rot threatens potato exports
Russia has discovered brown rot in a shipment of potatoes imported from Egypt, threatening to halt trade of the crop…
Stock market slumps on Parliament return
July 9, 2012
Stock market slumps on Parliament return
The stock market sharply declined Monday morning by 5.5 percent due to random selling by foreign investors over fears of…