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Economy
Egyptian stocks close down 2 per cent
Egypt mobile phone April subscriptions up 27 per cent
Subscriptions to Egypt's three operators rose to 74.58 million in April, according to government figures
Egypt's Olympic says Electrolux takeover talks ongoing
Sweden's Electrolux is continuing negotiations regarding a takeover of the Egyptian appliance-maker, says chairman of Olympic's parent company
Egypt’s expectations improve in the short term, but long term still doubtful: Fitch
Uncertainty of Egypt's political outcome and its implications for economic policy prompt a cautious stance by the ratings agency
Ajwa for Food Industries defies Egypt's collective stock decline
Despite unrest in Cairo's Tahrir Square, Ajwa share price rose by 9.98 per cent due to speculative trading ahead of a long-awaited court hearing
Mobinil talks with Telecom Egypt yet to reach agreement
Egyptian mobile operator continues its negotiations on wholesale service prices with Telecom Egypt but an initial agreement may still be some way off
Orascom Construction buys back 440,000 treasury shares
Firm buys back shares at a price 40 per cent higher than during the last buyback programme in April
Breaking: France's Lagarde elected new IMF chief
Unsafe foundations: Egypt's latest wave of illegal building
Egyptians are taking advantage of the security vacuum to build on agricultural land and add extra floors to their homes. But there may be troubles ahead  
Egypt's bourse opens 1.05 per cent down on Tahrir clashes
Egypt's internet subscribers increased by 170,000 in March 2011
Subscribers climb nearly 40 per cent year-on-year, as a fall in mobile and fixed line use is countered by a high uptake in USB and ADSL connections
Market Report: Egypt stocks see slight rebound on stability
EGX30 stock benchmark gains 0.33 per cent in mid-week session as analysts predict real estate will gather momentum for an imminent rebound
Military Council and cabinet mull energy subsidy cuts
Egypt's ruling military approves the revised 2011/2012 budget as lawmakers consider additional cuts to costly energy spending for some industries
Egyptian lawyer drops Palm Hills and Saudi Kingdom cases, voices dissatisfaction with 'revolution' govt
Feeling betrayed and dissatisfied with the current government's policy towards cases of illegal state land acquisition, leading lawyer and activist Hamdy El-Fakharani drops his drawn-out battle against PHD and Kingdom Holding

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