Hope for full global economic recovery in 2010 diminishes

NEW YORK, US: After an upbeat start to the year with two consecutive quarters of increases in optimism, global consumer confidence fell three points in September to an Index of 90 as consumers' hopes for a full economic recovery this year fades in most parts of the world, according to the latest edition of the Nielsen Global Consumer Confidence Index. 27 Oct 2010 06:22

SA sets sights on Egypt oil

PRETORIA: South Africa is set to explore more opportunities in Africa's oil-rich countries, with government planning to use President Jacob Zuma's visit to Egypt later this month to discuss possible future oil deals. 14 Oct 2010 07:21

Hisense builds sales in Africa

[Hopewell Radebe] China's expansion programme into the African market is helping its companies grow their presence on the continent. 26 Aug 2009 13:00

Egypt: Plenty of sun, nobody catching any rays

[Cam McGrath] CAIRO: Egypt receives some of the highest annual solar radiation in the world, yet the desert country remains heavily dependent on fossil fuels. 30 Jul 2009 08:10

Swedish Minister for Trade visits Egypt

CAIRO: Swedish Minister for Trade, Dr Ewa Björling arrived in the Egyptian capital, Cairo earlier this week together with a business delegation for a four-day visit, meeting Egyptian Minister of State for Environmental Affairs, Maged George and Minister of Health and Population, Hatem El Gabaly. 21 Jan 2009 07:47

Egypt props up auto, textile industries amid mounting job loss fears

On fears employers in Egypt would respond to the worst financial crisis since the Great Depression by slashing jobs, the government revealed this week new measures to bolster a number of labor-intensive industries. 14 Jan 2009 12:22

Weathering the storm

Economic indicators suggest Egypt is beginning to feel the pinch of the international credit crisis. But not everything is bad news, writes Sherine Nasr. 30 Dec 2008 06:10

Price stability top priority, says CBE governor

Price stability will be the Central Bank of Egypt's (CBE) main focus in the coming period, said CBE Governor Farouk El-Okdah. 27 Nov 2008 12:39

Egypt: The rate is right

The Central Bank of Egypt stood its ground keeping interest rates unchanged, Niveen Wahish analyses the significance of the decision. 18 Nov 2008 11:01

Mbeki to host Egyptian president

Pretoria - South African President Thabo Mbeki will on Tuesday hold bilateral political, economic and trade discussions with his Egyptian counterpart, Hosni Mubarak. 28 Jul 2008 12:43

Summit to debate soaring food, oil prices

[Luyanda Makapela] Africa needs to urgently address the issues of soaring food and oil prices and take appropriate measures as they negatively impact on poor households, said African Union Commission Chairman Jean Ping. 30 Jun 2008 06:04

Egypt "must give oil cash to poor"

Despite oil wealth, many Egyptians live in poverty. Now religious body issues edict. 17 Jun 2008 08:20

H&M to open in Cairo

H&M, Hennes & Mauritz, the international fashion retailer, will soon be available to eager followers of fashion in Cairo, Egypt. The store will open on June 5th 2008 in Cairo's exclusive Stars Center mall in the new Citystars development. The expansion of the trendy high street brand is a result of H&M's strategic partnership with M.H. Alshaya, one of the Middle East's leading retailers. 28 May 2008 14:28

Can bread subsidies continue in their present form?

Some 500 political activists and textile workers were arrested and dozens of others injured during clashes with police in the Nile Delta city of Mahalla Al-Kobra on 6 April in protests over high bread prices, said eyewitnesses. 10 Apr 2008 11:52