Business - Ahram Online

Business

Bill Gates backs Tobin tax, G20 unconvinced

Billionaire philanthropist proposes taxing financial transactions, tobacco and fuels to raise 'substantial resources' for developing countries

High-flying gold crashes in record $100 free-fall

Precious metal slumps more than 6 per cent, its biggest slide since the 2008 financial crisis, even as stock and oil markets stabilise after Thursday's plunge

Wall St opens lower on Greece concerns

Sugar workers condition strike end with meeting demands, chairperson resignation

Strike enters its twelfth day as rumours spread of concessions by management

G20 pledge offers respite for shares and euro

European shares show tentative recovery as G20 assurances seem to temporarily calm risk sentiment in global markets

Brent crude rises to $106 after slide

Brent crude rises back to $106 a barrel after G20 officials said they would take all steps necessary to calm the global financial system helping the euro advance against the dollar

Egypt imports 365,000 tonnes of Brazilian Sugar

Blue chips hit 1-year low on recession fears

Economy

Syria slaps ban on imports except raw materials

Protest-wracked country stops importing non-essential overseas goods in a bid to preserve its foreign currency reserves

New Egyptian firms offer 2,000 job opportunities: Investment Authority

Resurgent Egyptian investors poured LE187 million into new business enterprises in the country over the last week, official figures show

Libyan oil flows as damaged industry begins recovery

Production has restarted in Libya's $176 million-a day oil sector, but with ordnance scattered across the country and Gaddafi still on the run, full operations may be some way off

How to win business in new Libya: 7 crucial points of advice

In August, as rebels fought forces loyal to President Muammar Gaddafi, two representatives of a British business consortium took a 'rather long and arduous ferry journey from Malta' to the North African country

European shares fall again as G20 talk seen hollow

With the hype from the G20 promises quickly fading and Deutsche Bank suggesting European lenders might face a more than expected write-down on their Greek debt holdings, Euro stocks turns to reverse the morning's gains

Dubai DP World to re-open Ain Sokhna port after agreement with workers

Port will re-open within hours after workers promise to return to work

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