Business
Saudi prince suggests IPO offering to solve Toshka dispute
April 12, 2011
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%
April 12, 2011
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
April 12, 2011
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…
Textile companies face severe material shortage
April 12, 2011
Textile companies face severe material shortage
Egypt's textile and spinning companies are facing a sharp shortage in the materials they need for production, the Textile Workers…
Stock brokerage referred to Egypt’s prosecution
April 11, 2011
Stock brokerage referred to Egypt’s prosecution
The Egyptian Financial Supervisory Authority has referred al-Naeem stock brokerage company to the prosecution on charges of manipulating the prices…
Egypt’s Sewedy says won $440 mln contract in Qatar
April 11, 2011
Egypt’s Sewedy says won $440 mln contract in Qatar
Egypt's El Sewedy Electric, the Arab world's biggest listed cable maker, said on Monday its Qatari unit had won a…
Suez Canal March revenues up at US$413.5 mln
April 11, 2011
Suez Canal March revenues up at US$413.5 mln
Revenue from Egypt's Suez Canal rose 9 percent year-on-year to US$413.5 million in March and 6.4 percent from a month…
Hotel occupancy down by 65% after revolution
April 11, 2011
Hotel occupancy down by 65% after revolution
Egypt's hotel occupancy decreased by 64.7 percent after the 25 January revolution compared to the same period last year, according…
Saudi ambassador pledges new investments for Egypt
April 11, 2011
Saudi ambassador pledges new investments for Egypt
Saudi Arabia's ambassador to Egypt pledged that his country will make new investments in Egypt if it restores security after…
New procedures to encourage small and medium-size projects
April 10, 2011
New procedures to encourage small and medium-size projects
Minister of Industry and Foreign Trade Samir Sayyad on Sunday said the ministry is preparing new procedures that aim to…