Business
Egypt negotiating higher gas prices with Jordan
September 12, 2011
Egypt negotiating higher gas prices with Jordan
Egypt is negotiating with Jordan over increasing the price of Egyptian natural gas it exports to the fellow Arab state,…
Tourism authority: Israeli Embassy attack will hurt tourism
September 11, 2011
Tourism authority: Israeli Embassy attack will hurt tourism
The attack on the Israeli Embassy will have a negative impact on the tourism sector, Head of International Tourism at…
Cabinet think tank: Corporate bankruptcy up 235 percent
September 11, 2011
Cabinet think tank: Corporate bankruptcy up 235 percent
Corporate bankruptcy in Egypt rose 235.3 percent during the first five months of 2011, with 57 companies declaring bankruptcy as…
Egypt halts decision requiring visas before travel
September 11, 2011
Egypt halts decision requiring visas before travel
Egypt's government has frozen a decision requiring tourists and other visitors to apply for visas before arrival in the country,…
Egypt’s stocks drop on Israeli Embassy attack
September 11, 2011
Egypt’s stocks drop on Israeli Embassy attack
Egypt's benchmark stock index is down slightly over 1 percent, weighed down by investor unease following the storming of the…
G8 to extend Arab Spring financing pledge to US$38 billion
September 10, 2011
G8 to extend Arab Spring financing pledge to US$38 billion
MARSEILLE, France - Group of Eight finance chiefs gathered in southern France on Saturday will pledge US$38 billion in financing…
Egypt BoP deficit at US$9.2 bln in FY 2011
September 10, 2011
Egypt BoP deficit at US$9.2 bln in FY 2011
Egypt had a balance of payments deficit of US$9.2 billion in the financial year 2010-11, reversing a surplus of $3.4…
Egypt urban inflation falls to 8.5% in August
September 10, 2011
Egypt urban inflation falls to 8.5% in August
Egypt's urban consumer inflation was 8.5 percent in the 12 months to August, down from 10.4 percent in July, figures…
Tourism officials blast Egypt’s new visa restrictions
September 9, 2011
Tourism officials blast Egypt’s new visa restrictions
Two tourism officials have criticized the new government's policy of halting issuing visas for foreign travelers into Egypt. Amr el-Ezzaby,…
Western visitors to Egypt must obtain visas before arrival
September 8, 2011
Western visitors to Egypt must obtain visas before arrival
Egypt will require visas from all travelers prior to arriving in the country, ending decade-long unrestricted entry for American and…