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Business
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Economy
8/3/2011 1:47:49 PM
Companies part-owned by Gaddafi's government can make transactions but are unable to transfer dividends, sell stakes or pay back debt
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Business
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Economy
8/3/2011 12:05:47 PM
Slowdown in major economies could put the brakes on global shipping and prune a key source of Egyptian income, warns canal chairman
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Business
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Economy
8/2/2011 3:40:22 PM
Latest wave of short-term debt sales carry a fixed rate of 9.25 per cent and forms part of central bank's plan to keep interest rates from rising
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Business
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Economy
8/2/2011 11:36:54 AM
Head of UAE energy firm says it is still awaiting the $148 million which Egypt says has been settled
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Business
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Economy
8/2/2011 10:55:15 AM
SC Lowly Financial says it is reaching out to all the troubled developer's creditors with a view to investing in their trade claims
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World
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International
8/1/2011 3:31:07 PM
Obama and Republicans reach a framework on spending cuts after hours of negotiations, package awaits approval from Congress
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Business
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Economy
8/1/2011 11:10:29 AM
President and Republican foes reach a framework for more than $2.4 trillion in spending cuts just two days before the country would run short of cash
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World
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International
7/31/2011 3:53:19 PM
Republicans say that an agreement is within reach with Democrats to curb spending and decide on an increase in the debt ceiling avoiding an unprecedented default
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Business
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Economy
7/31/2011 11:59:35 AM
Weaker-than-expected second-quarter figures underscore the frail state of the recovery, as economists say it could fall off the rails if lawmakers fail to raise the borrowing limit
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Business
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Economy
7/29/2011 5:35:13 PM
Unless the $14.3 trillion debt ceiling is raised by Tuesday, the United States will lose its ability to borrow and start to run out of cash to pay its bills
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Business
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Economy
7/29/2011 3:56:51 PM
House Republicans want to use the debt ceiling as leverage to make major reductions in the long-term deficit, a move Obama opposes
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Business
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Economy
7/29/2011 2:59:19 PM
The troubles were compounded when it emerged that a vote on a Republican plan had to be abandoned late Thursday because party leaders were unable to garner enough support from their own members
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Business
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Economy
7/29/2011 1:13:52 PM
Moody's announced that it was planning to downgrade Spain's debt rating, currently at a "Aa2", due to the country's budget problems
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Business
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Economy
7/28/2011 6:00:27 PM
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Business
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Economy
7/28/2011 12:11:37 PM
Global economic woes and high demand for the precious metal in emerging nations is leading some analysts to predict an all-time high by year's end
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Business
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Economy
7/27/2011 8:22:05 PM
The main indices drop for the third consecutive day on big caps, spelling bad news in a slow trading day undermined by the summer holidays
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Business
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Economy
7/27/2011 3:35:25 PM
Total deposits in Egypt's banks top LE951.7 billion, up on recent months but still a fraction below pre-revolution figures
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Business
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Economy
7/27/2011 2:04:30 PM
Congress vote on the plan to cut the budget and raise the debt ceiling will take place on Thursday
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Business
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Economy
7/26/2011 1:03:34 PM
Ongoing talks among US leaders over the government debt limit weakens the dollar with a knock-on effect on global energy prices
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Business
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Economy
7/25/2011 6:09:04 PM
The market's first day of trading feels the pain as Europe and US, the main economic markets for Egypt's exports, are in crisis
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