Business
East Mediterranean Gas asks permission to resume pumping gas to Israel
July 27, 2011
East Mediterranean Gas asks permission to resume pumping gas to Israel
The East Mediterranean Gas (EMG), the company that exports Egyptian natural gas to Israel, has requested permission to resume pumping…
International union federations vie for Egypt’s workers
July 27, 2011
International union federations vie for Egypt’s workers
The recently liberated Egyptian labor movement is being courted by international union federations looking for inroads into one of the…
Foreign direct investment falls by 75%
July 27, 2011
Foreign direct investment falls by 75%
Foreign direct investment fell by 75.1 percent in the first quarter of 2011 compared to the last quarter of 2010,…
Nielsen: 72% of Egyptians cut spending in second quarter
July 27, 2011
Nielsen: 72% of Egyptians cut spending in second quarter
A study by global market research company Nielsen has revealed that the Egyptian consumer confidence rate fell from 102 to…
Lecico: Some Egyptian factories halted by strikes
July 27, 2011
Lecico: Some Egyptian factories halted by strikes
Egyptian ceramics maker Lecico said on Wednesday a workers strike that began on Tuesday had halted operations at its sanitary…
Agriculture could be key to reviving Egypt’s economy, experts say
July 27, 2011
Agriculture could be key to reviving Egypt’s economy, experts say
For decades Egypt’s economy was guided by political forces who wanted to enjoy the fruits of western capitalist democracy without sowing…
Exporters protest EU ban on Egyptian vegetables
July 26, 2011
Exporters protest EU ban on Egyptian vegetables
The Agriculture Export Council on Tuesday organized a vigil before the Delegation of the European Union to Egypt to protest…
Egypt’s stocks drop after anti-military protest
July 25, 2011
Egypt’s stocks drop after anti-military protest
Egyptian stocks fell to the lowest in more than a week after clashes that erupted in central Cairo between supporters…
Minimum wage to be implemented in August
July 25, 2011
Minimum wage to be implemented in August
The new minimum wage will be implemented in August, Egypt's Finance Ministry said on Monday. State employees who receive a…
Local gold prices increase by LE2
July 25, 2011
Local gold prices increase by LE2
Local market prices for gold increased by LE2 per one gram in the aftermath of the financial crisis that hit…