Tag: Economy

Real estate companies on involuntary Ramadan hiatus

By Hamada Ismail With Ramadan falling during the summer this year, real…

Daily News Egypt

Outgoing Finance Minister blames economic ills on Egyptians

Egypt's Minister of Finance Saeed El-Momtaz denies rumors about remaining in his…

Daily News Egypt

Luxury goods buck economic slowdown

Paris (AFP) — Fuelled by surging demand in China, luxury goods makers…

Daily News Egypt

BP hit with $3.1bn Russian court bill

Moscow (AFP) — A Siberian court on Friday piled more legal pressure…

Daily News Egypt

Cracks deepen in Tunisia’s coalition leadership over resignation

Finance Minister Hussein Dimassi cites Ennahda nepotism as reason for resignation

Ahmed Khalifa

Summer Ramadan yields adverse impact on banks

By Asmaa Nabil With the arrival of Ramadan during the summer, several…

Daily News Egypt

Iran to cut spending to help sanctions-hit economy

Iran agrees on a budget cut, to overcome the western sanctions.

Daily News Egypt

Banks regain confidence in construction materials market

Banks willing to finance the stagnant construction materials sector

Daily News Egypt

GM Egypt investments $10 million to manufacture the Chevrolet Move in Egypt

General Motors Egypt celebrates its $10 million investment to manufacture Chevrolet Move.

Daily News Egypt

World Bank: Palestinian economy “not strong enough” for independence

Report shows the Palestinian private sector has been impeded by devastating restrictions…

Basil El-Dabh