Kate Dannies

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Egypt's budget deficit lower than expected, says Finance Minister

CAIRO: Egypt's budget deficit came to 6.9 percent of GDP for the…

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Egypt sponsors two African industrial development projects

CAIRO: Ministers of Trade and Industry from across Africa gathered Monday in…

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Low steel prices, high cement consumption projected for August

CAIRO: Local steel and cement producers announced pricing policies for August, the…

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Foreign currency lending slows at local banks

CAIRO: Local banks have adopted a more conservative stance towards lending in…

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Removal of sugar tariff may pose risk to local supply

CAIRO: Minister of Trade and Industry Rachid Mohamed Rachid has removed temporary…

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Citi Egypt emerges from crisis stronger, says executive

Citigroup is meeting the financial crisis head on. Despite the turmoil surrounding…

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Government mulls passenger car replacement program

CAIRO: The Ministry of Trade and Industry and the Ministry of Finance…

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Hotel occupancy rates up across Egypt

CAIRO: Hotels across Egypt saw more guests last quarter, tourism minister Zoheir…

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Orascom listed companies change names to eliminate confusion

CAIRO: The names of Orascom subsidiaries Orascom Hotel and Development (OHD) and…

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SUVs taking over Cairo streets

With drivers making use of every inch of space available to navigate…

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