Business
Egypt’s exports to Nile Basin rise by a quarter in 2010
August 16, 2011
Egypt’s exports to Nile Basin rise by a quarter in 2010
Egyptian exports to Nile Basin countries have risen by almost a quarter in 2010 compared to the year before, according…
Investors warn of decline in Egyptian exports due to US debt crisis
August 15, 2011
Investors warn of decline in Egyptian exports due to US debt crisis
Investors and government officials in Egypt on Monday warned that the country's exports to the US and the European Union…
Sharm el-Sheikh celebrates Mubarak’s departure
August 12, 2011
Sharm el-Sheikh celebrates Mubarak’s departure
Sharm el-Sheikh, Egypt’s tourism capital, breathed a sigh of relief last week when former President Hosni Mubarak was transported to…
Sinai residents to be compensated for damage caused by pipeline explosion
August 11, 2011
Sinai residents to be compensated for damage caused by pipeline explosion
The Egyptian Natural Gas Company (GASCO) will compensate North Sinai residents who were affected by last month’s attack on the…
Egypt accepts US$2 billion from World Bank
August 11, 2011
Egypt accepts US$2 billion from World Bank
The Ministry of International Cooperation has accepted US$2 billion in grants and loans from the World Bank under the Partnership…
Egypt’s exports to France rose 40% after 25 January
August 10, 2011
Egypt’s exports to France rose 40% after 25 January
Statistics of the Commercial Representation Authority showed a considerable increase in the trade balance between Egypt and France, which has…
Egypt’s urban inflation down to 10.4% in July
August 10, 2011
Egypt’s urban inflation down to 10.4% in July
The urban consumer inflation was 10.4 percent in the 12 months to July, down from 11.8 percent in June, figures…
Egypt’s stocks tumble on global recession fears
August 9, 2011
Egypt’s stocks tumble on global recession fears
The Egyptian Exchange’s benchmark index plunged Tuesday, with investors taking their cues from other international markets spooked by fears of…
Sharm el-Sheikh hotel occupancy rebounds in August
August 9, 2011
Sharm el-Sheikh hotel occupancy rebounds in August
Hotel occupancy rates in Sharm el-Sheikh have risen since the beginning of August, even though Egyptian and Arab tourists have…
Minister says Saudi investors didn’t leave Egypt after revolution
August 9, 2011
Minister says Saudi investors didn’t leave Egypt after revolution
Trade and Industry Minister Mahmoud Eissa said Tuesday none of Egypt's Saudi investors have left the country since the 25…