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Back to blackouts

  /  May 20, 2013  /  Business, Economy  /  1 Comment

Blackouts return to Cairo with overloaded summer electric consumption; Ministries collaborate on means of rationalization

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Turkey pumps $250m more in its credit line to Egypt

  /  May 20, 2013  /  Business, Economy  /  No Comments

Experts: Good step, but no impact on cash reserves

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Syrian Refuges: No work, no home

and   /  May 19, 2013  /  In Focus  /  3 Comments

Refugees leave their homes for fear of death, often with little more than the clothes on their backs and their hands in their pockets. Escaping the horrors of a civil war that has engulfed their country for two years, thousands of Syrians have made the journey by land, sea and air to find themselves in Egypt; a nation which despite its own extreme economic malaise has opened the gates to provide them with a safe haven in which they can endure the storm.
This is not the case, however, for the Palestinian-Syrian refugees who have also come seeking refuge from the storm, only to find themselves in a barn without a roof.
Daily News Egypt investigates how Syrian refugees survive in Egypt, and how Palestinians are all but forgotten.

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Morsi: No more wheat imports within four years

  /  May 18, 2013  /  Business, Economy  /  1 Comment

Morsi pointed that the primary goal is to stop importing wheat in four years.

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Dearth of consumer confidence in first quarter

  /  May 18, 2013  /  Business, Economy  /  1 Comment

Experts attributed lack of confidence to insecurity, expensive living and political uncertainty

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Health Minister lists 18 licensed bottled water companies

  /  May 15, 2013  /  Business, Economy  /  No Comments

Ministry of Health: Don’t drink something you don’t know

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Controversy over GlobalAdMart

  /  May 15, 2013  /  Technology  /  1 Comment

E-commerce was only recently introduced in the Egyptian market and has picked up steam from the success of a number of companies which rely on the internet and social networks to promote their products, yielding bigger profits quickly and at smaller costs.

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No investor to own Suez Canal lands

  /  May 14, 2013  /  Business, Economy  /  No Comments

Minister of housing: Suez Canal development plan needs EGP 140bn annually

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EU allocates €123m to develop Egypt’s transport sector

  /  May 14, 2013  /  Business, Economy  /  No Comments

€40m to build third phase of Cairo Metro

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New sukuk projects awaiting bids

  /  May 13, 2013  /  Business, Economy  /  No Comments

Finance Ministry advisor: Sukuk not affected by Egypt’s recent credit downgrading

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Arrests of eight managers from online marketing companies

  /  May 13, 2013  /  Business, Economy  /  1 Comment

Alleged ‘pyramid scheme’ companies managed from Egypt, India, and Sudan

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New finance minister: budget and tax reforms are priority

  /  May 8, 2013  /  Business, Economy  /  1 Comment

Fayyad Abdel Moneim is a former economics professor at Al-Azhar University

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Zaazou woos Iranian tourists

  /  May 8, 2013  /  Business, Economy  /  No Comments

Ministers: ‘Egypt should take a piece of this pie’

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Ministry of Agriculture: No official Australian statement regarding halting livestock trade

  /  May 7, 2013  /  Business, Economy  /  No Comments

No livestock trade between Australia and Egypt since August 2012, says minister

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President to oversee government think tank

  /  May 7, 2013  /  Business, Economy  /  1 Comment

ECESR lawyer: ‘Brazen’ move to oversee Information and Decision Support Centre gives presidency ‘complete control’ over state information

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Teetotal tourism

  /  May 7, 2013  /  Business, Economy  /  2 Comments

As new hotel opens in Hurghada serving no alcohol, hotel groups call for reconsidering ratings system

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Minister of Tourism: We will close down any hotel where harassment takes place

  /  May 6, 2013  /  Business, Economy  /  1 Comment

Around 150 complaints of sexual harassment against tourists received by Ministry, including three rape cases

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Suez Canal toll fees rise

  /  April 30, 2013  /  Business, Economy  /  No Comments

Chairman of Suez Canal Authority attends COMESA meeting

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Egypt and Qatar negotiate bond deal

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

Qatar promises to buy $3bn in bonds from Egypt

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Egypt and Germany sign €165m agreement

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

Deal part of debt swap agreement initially stalled by German Chancellor Angela Merkel

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