Home
Loading...
You are here:  Home  >  Articles by Hend El-Behary
Latest

Interruption of landline services due to cables changes: Telecom Egypt

  /  September 30, 2014  /  Business  /  No Comments

Outrage from residents due to interruption of landline services over several months

Read More →
Latest

Cars prices in Egypt grow amid consumer frustration

  /  September 24, 2014  /  Business  /  No Comments

Car experts blame high US dollar exchange rates and popular demand for fuel saving cars for increase

Read More →
Latest

Suez Canal certificates sold out: CBE

  /  September 16, 2014  /  Business  /  No Comments

Sale raises EGP 61bn for canal extension project

Read More →
Latest

‘Baseta’: a new service to finish government documents

  /  September 10, 2014  /  Technology  /  No Comments

The service aims to help Egyptians to extract or renew governmental documents including ID cards, passports, marriage documents and death certificates.

Read More →
Latest

VFS Tasheel causes concern over recruitment practices

  /  September 10, 2014  /  Business  /  No Comments

Expatriate Egyptians acquiring visas through VFS Tasheel say the company is overcharging for visas, frequently asking for as much as EGP 25 just to obtain a number to stand in queues for services.

Read More →
Latest

Tourism grows in June, despite political concerns

  /  August 20, 2013  /  Business, Economy, Tourism  /  82 Comments

CAPMAS’s statistics indicates growth in tourism influx despite escalations

Read More →
Latest

Egypt railway suffers EGP 30m loss

  /  August 20, 2013  /  Business, Transport  /  No Comments

Recent unrest resulted in a halt in railway traffic causing losses

Read More →
Latest

Egypt railway suffers EGP 30m loss

  /  August 19, 2013  /  Business, Economy  /  No Comments

Egypt’s train movements completely halted between Cairo, Upper Egypt and Lower Egypt

Read More →
Latest

Curfew raises food consumption

  /  August 18, 2013  /  Business, Economy  /  No Comments

Increase in purchasing activity is attributed to concerns over political unrest and uncertainty in the streets.

Read More →
Latest

Eid Al-Fitr causes boom of internal tourism

  /  August 13, 2013  /  Banking, Business  /  No Comments

The rates of internal tourism were “good” before and during the month of Ramadan, and further improved during the days of Eid Al-Fitr vacation

Read More →
Latest

Eid Al-Fitr’s weddings and engagements bolster gold market

  /  August 12, 2013  /  Business, Economy, Industry, Trade  /  2 Comments

Local gold market witnessed a surge in sales and prices in Eid el-Fitr as Egyptians seize the vacation to hold their engagements and wedding ceremonies

Read More →
Latest

High consumption and temperatures cause blackouts

  /  August 12, 2013  /  Business, Economy  /  No Comments

The peak load of electricity hit an alarming 26,100 megawatts, National Energy Control Centre said

Read More →
Latest

OCI deal pushes stock up

  /  August 5, 2013  /  Business, Economy  /  No Comments

The EGX 30 index closed with a 1.5% surge at 5615.36 points on Tuesday, while the EGX 70 index, encompassing small and medium sized companies, saw a modest rise of 0.53%. The broader index EGX 100 increased by 0.71%.

Read More →
Latest

Ministry of Finance to bolster farmers

  /  August 4, 2013  /  Business, Economy  /  No Comments

The report revealed that public coffers allocated more than EGP 1bn to boost farmers during last three years.

Read More →
Latest

Optimism about economic revival increases

  /  August 4, 2013  /  Business, Economy  /  No Comments

12% expressed concern about crime and 7% about terrorism.

Read More →
Latest

Finance ministry discharges Brotherhood advisers

  /  July 30, 2013  /  Business  /  No Comments

Minister dismisses 15 advisors for having connection with Muslim Brotherhood

Read More →
Latest

Will Arab Gulf investments follow their aid commitments?

and   /  July 30, 2013  /  Business  /  No Comments

Head of Arabian House of Consultancy for Financial and Economic Investment says aid a reflection of “a conflict, and to show loyalty and support to Egypt.”

Read More →
Latest

Finance minister advocates benefits of smartcard system

  /  July 29, 2013  /  Business, Economy  /  No Comments

The distribution, slated for July and August, will be carried out electronically and the government has emphasised that there will be no limits on consumption.

Read More →
Latest

Egypt’s government cancels tax returns on properties

  /  July 29, 2013  /  Business, Economy  /  No Comments

The law will affect all new homeowners, who will pay a tax of 10% on the total value of their property.

Read More →
Latest

Cairo airport officials deny 55% decline in air traffic

  /  July 28, 2013  /  Business, Economy  /  1 Comment

DPA’s sources said the canceling companies included Middle East Airlines, Kenya Airways, Royal Jordanian Airlines, Kuwait Airways and EgyptAir

Read More →
Latest

Government plans to woo Gulf tourists

  /  July 23, 2013  /  Business, Economy  /  No Comments

Vacation planners serving Gulf tourists can enjoy incentives including discounts on EgyptAir flights as well as at some facilities, with the aim of luring larger numbers of Arab tourists to the country.

Read More →
Latest

More than half of Egypt’s youth want to emigrate for work

  /  July 22, 2013  /  Business, Economy  /  1 Comment

The report emphasised that 30.5% of youth have previously migrated without a visa; 80.9% of them had no contracts

Read More →
Latest

Saudi deposit arrives to the Central Bank of Egypt

and   /  July 21, 2013  /  Business, Economy  /  No Comments

In a sign of support to Egypt’s economy, which continues to reel from more than two years of unrest, Gulf states have pledged $12bn aid

Read More →
Latest

Sinai attacks hammer Red Sea tourism

  /  July 21, 2013  /  Business, Economy  /  No Comments

In the first days following 30 June, Sinai saw 39 terrorist attacks, as clashes broke out between armed groups and security forces, with causalities reaching 58.

Read More →
Latest

Prospective government faces daunting energy subsidies reforms

, and   /  July 16, 2013  /  Business, Economy  /  No Comments

Slashing energy subsidies is one of the requirements set by the International Monetary Fund (IMF)to secure the proposed $4.8bn loan package.

Read More →
Latest

Post-Morsi economy: bullish or bearish?

  /  July 16, 2013  /  Business, Economy  /  No Comments

Many domestic businessmen, however, disagree; a number have already expressed optimism since the ousting of former president Mohamed Morsi on 3 July, citing a mostly-gaining stock exchange benchmark index, a slight increase in the value of the local currency, and an influx of foreign aid.

Read More →
Latest

Potential economic ministers in Egypt’s interim government

, and   /  July 16, 2013  /  Business, Economy  /  1 Comment

Egypt’s ailing economy a deciding factor in shaping interim government, led by former Finance Minister and his aid, economist Zeyad Baha El-Din

Daily News runs briefed profiles of potential heads of economic portfolios

Read More →
Latest

Domestic debts rise an alarming 27% in Q3 2012/2013

  /  July 16, 2013  /  Business, Economy  /  No Comments

Debt has risen unprecedentedly since March 2012, reaching EGP 1.089tn, or 80% of the nation’s GDP, the Ministry of Finance said in a report published in March 2012.

Read More →
Latest

Gulf aids bolsters value of local currency

  /  July 14, 2013  /  Business, Economy  /  1 Comment

The index of the US dollar internationally declined 1.5%.

Read More →
Latest

Egypt’s Chambers of Commerce Federation seeks to bridge rift with African Union

  /  July 10, 2013  /  Business, Economy  /  1 Comment

Two days after the ouster of president Mohamed Morsi, the AU’s Peace and Security Council suspended Egypt from all union activities.

Read More →