financial crisis
Egyptian stock market rebounds after Dubai crisis
Business
December 3, 2009
Egyptian stock market rebounds after Dubai crisis
The Egyptian stock exchange started repairing the damage caused by the recent financial crisis in Dubai, closing up 172 points…
Egyptians in UAE threatened with layoffs
Egypt
December 2, 2009
Egyptians in UAE threatened with layoffs
A quarter of a million Egyptians working in the United Arab Emirates are threatened with lay-offs due to the accumulating…
Stock exchange regains LE6 billion lost Monday
Business
December 2, 2009
Stock exchange regains LE6 billion lost Monday
The Egyptian stock exchange rose by 3.4 per cent yesterday, regaining the LE6.6 billion that was lost on Monday. However,…
First quarter report says economy still suffering
Business
November 25, 2009
First quarter report says economy still suffering
The first quarter balance of payment for the current fiscal year indicates that the Egyptian economy is still suffering from…
Experts forecast real-estate recovery post-crisis
Business
November 19, 2009
Experts forecast real-estate recovery post-crisis
Demand for real estate, especially luxury housing units, has declined this year, due largely to the ongoing global financial crisis.…
Rachid: local economy “survived global crisis”
Business
November 18, 2009
Rachid: local economy “survived global crisis”
Trade and Industry Minister Rachid Mohamed Rachid said on Tuesday that the global financial crisis was coming to an end…
Boutros-Ghali: Economy Grew 4.7% Despite Crisis
Business
October 20, 2009
Boutros-Ghali: Economy Grew 4.7% Despite Crisis
Finance Minister Youssef Boutros-Ghali said that LE15 billion injected into the local economy as part of an "economic incentive" program…