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EU approves new trade incentives for North Africa

EU approves new trade incentives for North Africa

Brussels--Exporters in North Africa, the Middle East and the Balkans will be able to sell goods to the European Union…
Egypt bans Citadel head, ex-PM from travel

Egypt bans Citadel head, ex-PM from travel

Egypt's public prosecutor has ordered a travel ban on private equity firm Citadel Capital  Chairman Ahmed Heikal and former Prime…
US official: US will help Egypt face economic challenges

US official: US will help Egypt face economic challenges

President Barack Obama’s administration is keen on supporting Egypt in the face of current economic challenges, said US Commercial Counselor…
Global labor organization urges Egypt to base minimum wage on prices

Global labor organization urges Egypt to base minimum wage on prices

The International Labor Organization (ILO) called on Egypt to set a minimum wage based on the average prices for the…
Mubarak’s detention spurs Egyptian stock market

Mubarak’s detention spurs Egyptian stock market

Egypt's benchmark stock index rallied moderately on Wednesday, gaining as investors hoped that the detention of former President Hosni Mubarak…
Chamber of Food Industries predicts drop in meat prices

Chamber of Food Industries predicts drop in meat prices

The Chamber of Food Industries, which is affiliated with the Federation of Egyptian industries, predicted meat prices will soon drop…
Govt negotiates with French company over gas price ceiling

Govt negotiates with French company over gas price ceiling

The Egyptian government is preparing to negotiate with a French gas company regarding Egypt's decision to cancel price limits on…
Saudi prince suggests IPO offering to solve Toshka dispute

Saudi prince suggests IPO offering to solve Toshka dispute

Prince Al-Waleed bin Talal, owner of Kingdom Agricultural Development Company, has suggested another solution to resolve the dispute over 100,000…
CAPMAS: Rate of newly established companies down 60%

CAPMAS: Rate of newly established companies down 60%

At a conference of the Central Agency for Public Mobilization and Statistics (CAPMAS) on Tuesday, the agency said the rate…
Egypt’s economy faces challenges but has potential, economists say

Egypt’s economy faces challenges but has potential, economists say

A group of economists and business leaders speaking at a conference on Sunday affirmed that Egypt’s economy faces serious challenges…
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