Business
Banks to reopen Sunday following longest closure since January 25
February 19, 2011
Banks to reopen Sunday following longest closure since January 25
Banks will on Sunday reopen following the longest period of closure brought about by the 25 January revolution.Meanwhile, Farouq al-Oqda,…
Butchers, green grocers slash prices in solidarity with revolution
February 19, 2011
Butchers, green grocers slash prices in solidarity with revolution
Several butchers and green grocers have decided to lower their prices in solidarity with the 25 January revolution.Traders raised banners…
Egyptians face food hardship after protests
February 18, 2011
Egyptians face food hardship after protests
Electrician Hassan Ibrahim, a father of three, hopes Egypt's revolution will speed the day he no longer lives in fear…
Revolution cost tourism, real estate, industry sectors over LE10 billion
February 17, 2011
Revolution cost tourism, real estate, industry sectors over LE10 billion
A government report released on Thursday said Egypt lost over LE10 billion in its tourism, industry, and construction sectors due…
Renewed Egypt gas flow to Israel delayed
February 17, 2011
Renewed Egypt gas flow to Israel delayed
Jerusalem--Shipments of Egyptian gas to Israel, which were due to resume on Thursday after an attack on a pipeline in…
International institutions offered to finance Egypt economy, says minister
February 16, 2011
International institutions offered to finance Egypt economy, says minister
A handful of international financial institutions have offered to finance Egypt's economy following the recent 25 January uprising, newly-appointed Finance…
Egypt bourse to stay shut on Sunday
February 16, 2011
Egypt bourse to stay shut on Sunday
Egypt's stock exchange will remain closed on Sunday and will reopen only when it is certain banks are functioning properly,…
Illegal use of state land cost Egypt LE78 bn
February 16, 2011
Illegal use of state land cost Egypt LE78 bn
Initial losses incurred from infringements on state land and conversions of desert farm land into tourist resorts have been estimated…
Labor protests prompt CBE to close banks
February 16, 2011
Labor protests prompt CBE to close banks
The Central Bank of Egypt (CBE) decided to close Egyptian and international banks on Wednesday and Thursday due to a…
Egypt’s CIB: Transfers abroad well below estimates
February 15, 2011
Egypt’s CIB: Transfers abroad well below estimates
Egypt's Commercial International Bank (CIB) said on Tuesday the amount of money its clients transferred abroad because of political unrest…