Business - Economy

Egypt stock exchange to reopen Wednesday

Two weeks after it was shut down following a precipitous plunge amid anti-regime protests, woes about the stock exchange persist

Egypt finance minister plays down military role in daily government matters

Egypt's finance minister reassured foreign investors on Friday, saying that the military was not intervening in daily government matters and that the budget deficit and inflation were under control

Oil rise on Egypt tensions, stocks fall

World stocks markets fall for the third day partly on growing tension in Egypt while oil and US dollar rise

Egyptian pound weaker despite Central Bank intervention

Egypt's currency edged weaker on Thursday, but many banks were holding back from large dollar purchases after Tuesday's intervention from the central bank, dealers said

As Egypt's Bourse's opens, telecoms seen as proxy for domestic growth

Cheaper valuations mean Middle East fund managers may increasingly look to single-country telecoms operators as a proxy for domestic economic growth.

TUI Group sees £31 mln hit from unrest in Egypt/Tunisa

Europe's leading travel group sees a giant cut in profits over political turmoil in Egypt and Tunisia

Wage rise infuriates civil groups

After two weeks of protests calling for president Mubarak to step down, Egypt's Ministry of Finance announces a 15 percent wage rise for public employees starting from April 2011

China to spur rice output as drought shrivels wheat

Concerns about the impact of the drought sent wheat prices on the Zhengzhou commodity exchange in central China up nearly across the board on Wednesday

Israel aims to head off strike over soaring prices

A meeting between the prime minister and Histadrut chairman ended with no concrete results to ease the current crisis

Ghana says Jan inflation rises to 9.08 per cent

Surge in petrol prices fuels rising inflation

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