Latest in Tag: Business Highlight
Latest in Tag: Business
$150m to resolve petroleum shortage crisis
A committee has been formed between the Ministry of Finance and the Ministry of Petroleum to determine whether additional funds to the EGPC are needed
Hopeful signs of tourism revival
Rising tourism figures confirms that the Egyptian tourism sector had recovered in a number of primary foreign markets
IMF warns of rising risks to global economy
Washington (AFP) — The International Monetary Fund stepped up its warnings Monday on risks to the global economy, mainly from the crisis-mired eurozone, as it trimmed its growth forecast for the rest of the year. IMF economists said that the frail situations in Spain and Italy especially could quickly turn worse amid market doubts over …
Al-Shater inaugurates Zad retail chain
Khairat Al-Shater, Deputy General Guide to the Muslim Brotherhood, launches a new consumer goods retail chain
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. The unexpected contraction, down from 9.4 percent growth in the preceding quarter, was largely due to an output drop in the biomedical manufacturing industry, the …
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
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. The IMF said the world economy appeared weaker since its assessment just three months ago, and while growth was only slightly off the expected pace, …
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 company, said that if the company is able to meet its Ramadan target, it will compensate for recent losses, particularly in light of the decision …
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 has played an important role in other developing economies such as in India, Malaysia, and Brazil. The experts viewed the Ministry of Communications and Information …
Experimental project to produce domestic tablet computers
The Information Technology Industry Development Authority (ITIDA) has reviewed the bids it received to supply 10,000 locally produced “tablets” next month
Governmental efforts to aid struggling factories
By Mohamed Ayyad The government intensified efforts to address the crisis that halted the operation of 650 factories which resulted from outstanding debts owed to banks with a value of EGP 817 million. Mohamed Eissa, Minister of Industry and Trade, stated that the cabinet agreed to help the stopped factories that have experienced technical, administrative, …
Morsy tasks EBDA’s president to chair the new council for business development
President Morsy has tasked the head of the Egyptian Business Development Association (EBDA) with forming a committee to research the recommendations of the business community to attract more investment
Shorouk City to offer 100 acres for bidding, starting 2013
By Badawy Shalaby Abdelmoteleb Mamdouh, head of the El-Shorouk City administration, announced that the city will make 100 acres available for investors at the beginning of next year. The land is suitable for all commercial or educational purposes. Mamdouh said that the plots will range from 8,400 square metres to five acres. The city will …
EBDA seeks to raise EGP 11m to finance Kafa’a project
By Shaimaa Raouf Supporting the Egyptian economy, attracting investment, building human capital… These are the goals of the Egyptian Business Development Association (EBDA) and its professional training programme, according to Ahmed Seda, Director of Programmes for the Association. Seda said that Egyptian workers are not properly trained and thus not competitive with workers in other …
Expectations of worldwide downturn in cotton production
By Inaam El-Adawy The Cotton Exporters’ Association predicts that worldwide cotton production will fall during the 2012-2013 season to 24.9 million tons. In a recent report, the Association attributed the decline in production to the fall of prices during the 2011- 2012 period, which will drive cotton farmers to reduce output this season. The study …
Al-Khabir’s director forecasts revival of real estate market
By Badawy Shalaby Mohamed Saad, director of the Al-Khabir Company for Investment and Real Estate, predicted that confidence will return to the real estate market in the coming period after a period of downturn, expressing hope that the current period of political stability will lead to a full recovery. He said that the Egyptian real …
China’s inflation slows to 29-month low
Beijing (AFP) — China’s inflation slowed in June to its lowest level in 29 months, official data showed Monday, giving the government more flexibility in its efforts to reboot the world’s second-biggest economy. The country’s consumer price index (CPI) rose by 2.2 percent year-on-year in June, the National Bureau of Statistics said, down from 3.0 …
Inflation slows in Egypt while deficit widens.
Egypt’s inflation slowed in April, despite overall food prices remaining high and the country’s deficit widening to $11.2 billion, as Egypt’s transition seemed to be prolonging its economic woes, the Automotive Marketing Council noted in a report released yesterday.
Re-establishing Confidence
Richard Banks talks about business in Egypt
Cairo transport plan waiting for president’s approval
Cairo transport plan waiting for president’s approval
Dissolution of Parliament brings back IMF deal
Despite what Egypt has been undergoing over the previous year and a half, the country has been successful in fulfilling its monetary obligations towards international lending institutions
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Alkhan
11-2-2010
Horoscope
21/3 : 20/4 Aries You can make changes to your living quarters, but not everyone will be pleased with your efforts. Catch up on overdue phone calls and correspondence. Get involved in activities that will bring you knowledge about foreign land, philosophies, or cultures. 21/4 : 20 /5 Taurus Be on your best behavior. You …
Al Khan 4 August 2009
Health Club 2
Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health Club 2 Health …