economy
12,000 tourists arrive in Hurghada on Saturday
Egypt
March 24, 2012
12,000 tourists arrive in Hurghada on Saturday
Airplane passenger numbers at Hurghada International Airport on Saturday are highest since the start of the 25 January revolution in…
IMF mission to visit Egypt Monday
Business
March 16, 2012
IMF mission to visit Egypt Monday
An International Monetary Fund mission will begin a four-day visit to Egypt on Monday to meet with government leaders, after…
Plan to save economy underway, says cabinet
Business
March 14, 2012
Plan to save economy underway, says cabinet
The cabinet is implementing a quick and comprehensive plan to revamp the economy and tame the budget deficit, the foreign…
Eurozone instability threatens Egypt
Business
March 11, 2012
Eurozone instability threatens Egypt
As the country struggles to get back on its economic feet, Egypt’s neighbors across the Mediterranean may be on the…
Moussa fears elections will be rigged in favor of SCAF-backed candidate
Egypt
March 10, 2012
Moussa fears elections will be rigged in favor of SCAF-backed candidate
Presidential hopeful Amr Moussa warned of conspiracies seeking to hijack the revolution, and called on people to protect it and…
Gas and butane prices pushed inflation up to 10.9% in February
Business
March 10, 2012
Gas and butane prices pushed inflation up to 10.9% in February
The urban consumer price index for February this year was 121.1 versus 110.9 a year earlier, pushed up by the…
Mother sells baby for LE50,000 over financial strait
Egypt
March 6, 2012
Mother sells baby for LE50,000 over financial strait
A mother has sold her 8-month-old infant to a wealthy family without children for LE50,000, according to state-run Al-Ahram newspaper’s…
Egyptian government bonds available in Saudi Arabia
Egypt
March 5, 2012
Egyptian government bonds available in Saudi Arabia
Riyadh — Egyptian government bonds are now available for purchase by Egyptians living in Saudi Arabia, the Egyptian Embassy in…
Egypt foreign reserves stand at $15.7 billion
Business
March 4, 2012
Egypt foreign reserves stand at $15.7 billion
Egypt's Central Bank says the country's net foreign reserves dropped again in February, but by less than any month since…
Incoming tourism in Egypt declined during 2011, says government report
Business
March 4, 2012
Incoming tourism in Egypt declined during 2011, says government report
The number of international tourists to Egypt declined during the last quarter of 2011 by 29.2 percent, at 2.9 million…