Suez Cement declares LE 3.9 dividend
CAIRO: Suez Cement, Egypt's largest listed cement maker by market value, is to pay a dividend of LE 3.9 ($0.658) per share, the bourse said on Wednesday. The subsidiary of…
Moody’s downgrades Egypt ratings
CAIRO: Moody's Investor's Service pushed Egypt's sovereign bond rating deeper into junk status on Wednesday, the latest symptom of uncertainty about the country's political shifts as it struggles to enact…
Commentary: Is post-revolution the time for entrepreneurship?
By Dr Hala Hattab CAIRO: It might seem farfetched to encourage people to go entrepreneurial and start businesses given the current status of Egypt, with a general state of political and…
Survey highlights gaping discrepancies in regional salaries
CAIRO: According to a recent survey, 52 percent of respondents in the Middle East say they are averagely satisfied with their remuneration. The survey, conducted by top job site Bayt.com…
Egypt central bank says will let pound respond to demand
CAIRO: Egypt's central bank said it was prepared to allow the Egyptian pound to fall gradually in coming months if demand for the currency were to decrease, and that it…
EU plans to adopt Egypt asset freezes next week
BRUSSELS: The European Union plans to adopt sanctions against former Egyptian officials accused of stashing billions of dollars abroad next week, an EU official said on Tuesday. Egypt asked the…
Natural gas from Egypt to Israel resumes
JERUSALEM: The supply of natural gas from Egypt to Israel has resumed after a number of delays, an Israeli partner in the East Mediterranean Gas (EMG) consortium said on Wednesday.…
Clinton tours Tahrir Square in push for reform
CAIRO: US Secretary of State Hillary Rodham Clinton on Wednesday toured Cairo's Tahrir Square, the epicenter of the popular uprising that toppled Egypt's longtime autocratic leader last month. "It's just…
Clinton voices support for post-Mubarak Egypt
CAIRO: US Secretary of State Hillary Clinton on Tuesday voiced support for Egypt's transition to democracy but made few specific pledges and steered clear of an Egyptian debate over the…
Clinton tours Tahrir Square in push for reform
CAIRO: US Secretary of State Hillary Rodham Clinton on Wednesday toured Cairo's Tahrir Square, the epicenter of the popular uprising that toppled Egypt's longtime autocratic leader last month. "It's just…
