Eurozone woes hit Singapore GDP in Q2
Singapore (AFP) — Singapore’s trade-driven economy contracted by 1.1 percent in the second quarter from the previous three-month period as debt woes dampened European demand, a government estimate showed Friday.…
Real estate market in initial recovery
Successful presidential elections have reinvigorated the real estate market but it may be temporary
Tameer Real Estate to erect new compound
Real estate company committed to development in the Fifth Settlement in New Cairo
Libya’s Kib sees boost in investments
Tripoli (AFP) - Prime Minister Abdelrahim al-Kib predicted a bright future for foreign investment in Libya especially in the oil sector whose infrastructure needs to be overhauled, in an interview…
IMF scales back global growth forecast for 2012
The International Monetary Fund stepped up its warnings Monday on risks to the global economy, especially from Europe, as it trimmed its growth forecast for the rest of the year.…
Order breaks down over law: Constituent Assembly ruling postponed to Thursday (video)
Amid chanting and protesting by Muslim Brotherhood members who took over two halls, the court postponed the case calling for the dissolution of the assembly tasked with writing Egypt's next…
Tarek Nour Communications aspires to make EGP 100m in Ramadan
By Mohamed Fawzy Veteran advertising agency Tarek Nour Communications hopes to achieve EGP 100 million in advertisements sales during the month of Ramadan. Tarek Makhlouf, the managing director of the…
Government to settle $318m worth of external debt
The Ministry of Finance in co-operation with the Central Bank have managed to allocate $318 million, which represents the value of public debt instalments owed by the government for bonds issued abroad in…
Agency compensation law deemed unconstitutional
Experts fear striking down of article of commercial law will leave businessmen and agents exposed
IT sector calls for more government attention
Information technology (IT) experts have said that the IT sector in Egypt has not significantly contributed to the national economy because the government has neglected its principle components. The sector…