Business
Egypt’s stock exchange fails to freeze assets of former officials
April 2, 2011
Egypt’s stock exchange fails to freeze assets of former officials
The assets of many former officials have not been frozen, said Mohamed Abdel Salam, interim head of Egypt's stock exchange,…
LE100 million for the employment of Egyptian returnees from Libya
April 2, 2011
LE100 million for the employment of Egyptian returnees from Libya
LE100 million has been allocated to enable the employment of Egyptians who have returned from Libya since violence broke out…
Campaign calls for canceling Egypt’s debts amid credit rating downgrade
March 31, 2011
Campaign calls for canceling Egypt’s debts amid credit rating downgrade
In an effort to ease its US$35 billion debt load, Egypt is hoping to change loan conditions and salvage the…
Export ban on gold could increase smuggling, exporters warn
March 31, 2011
Export ban on gold could increase smuggling, exporters warn
Gold exporters and manufacturers warn that offshore smuggling might increase if an export ban imposed by the Ministry of Industry…
Tourism Ministry calls on US to lift travel ban to Egypt
March 30, 2011
Tourism Ministry calls on US to lift travel ban to Egypt
Egypt’s Tourism Minister Mounir Fakhry Abdel Nour called on the United States to lift its no-travel recommendations for Egypt. During…
Finance ministry to present budget before end of March
March 29, 2011
Finance ministry to present budget before end of March
The Finance Ministry has completed the projected state budget for the 2011/2012 fiscal year, and will present it to the…
Egypt stock market climbs for 3rd day
March 29, 2011
Egypt stock market climbs for 3rd day
Egypt's benchmark stock index closed moderately higher on Tuesday, the third consecutive day of gains, while the trading of shares…
Suez Canal February revenues up 16.3% from last year
March 29, 2011
Suez Canal February revenues up 16.3% from last year
Suez Canal revenues in February of this year have risen by 16.3 percent compared to the same month last year,…
Egypt bourse suspends trade on several stocks
March 29, 2011
Egypt bourse suspends trade on several stocks
Egypt's stock exchange halted trading on several stocks on its broad index on Tuesday after they advanced by the maximum…
Egypt shares rise a second day on demand for consumer companies
March 28, 2011
Egypt shares rise a second day on demand for consumer companies
Egyptian shares rose for a second day on Monday, led by food and telecommunications companies on bets that defensive stocks…