Business
Egypt bourse suspends trade after index surges
March 28, 2011
Egypt bourse suspends trade after index surges
Egypt's stock exchange suspended trade for half an hour on Monday after the broad index .EGX100 jumped 5 percent soon…
New conditions for foreign labor to be announced next week
March 27, 2011
New conditions for foreign labor to be announced next week
Minister of Manpower Ahmed Hassan al-Borei said the new rules on allowing foreigners to work in Egypt would be announced…
Egypt’s EGX 30 posts biggest single gain in over a year
March 27, 2011
Egypt’s EGX 30 posts biggest single gain in over a year
Egypt's benchmark EGX 30 index snapped a four-day losing streak and closed 5.3 percent higher on Sunday, the third day…
Passenger, flight activity expected to rise starting June
March 27, 2011
Passenger, flight activity expected to rise starting June
Egypt's passenger numbers and flight activity are predicted to start increasing slowly from June, said Civil Aviation Minister Ibrahim Manna.In…
Egyptian Exchange issued new codes for Mubaraks after ouster
March 26, 2011
Egyptian Exchange issued new codes for Mubaraks after ouster
Al-Masry Al-Youm has obtained documents showing that the Egyptian Exchange issued approximately 80 new codes for former president Hosni Mubarak,…
Egypt pound trades at weakest in more than 6 years
March 24, 2011
Egypt pound trades at weakest in more than 6 years
The Egyptian pound traded as weak as 5.9605 to the US dollar on Thursday, its lowest level since January 2005.Bankers…
Egypt tourism increased 17.5 percent in 2010
March 24, 2011
Egypt tourism increased 17.5 percent in 2010
A governmental report released Thursday said the number of tourists visiting Egypt increased 17.5 percent in 2010. According to the…
Stock trading suspended during second day
March 24, 2011
Stock trading suspended during second day
Egypt's stock exchange suspended trade for half an hour, minutes after it reopened for a second day following more than…
EgyptAir loses LE700 million due to Arab unrest and Japan’s earthquake
March 23, 2011
EgyptAir loses LE700 million due to Arab unrest and Japan’s earthquake
EgyptAir Holding Company President Hussein Massoud, at a press conference on Wednesday, said the airline lost LE700 million due to…
Foreign Ministry calls on Egyptians abroad to contribute to national economy
March 23, 2011
Foreign Ministry calls on Egyptians abroad to contribute to national economy
The Foreign Ministry on Wednesday called on Egyptians living abroad to donate to the national economy via two accounts at…