Business - Ahram Online

Business

Mubarak-era minster El-Feky faces new detention

Former minister of information Anas El-Feky is facing more than one corruption charges

Egypt's court lifts assets-freeze on ex-trade minister's wife

Minister's direct assets remain frozen

Dubai repays $910 mn matured bonds

Dubai has honoured it's financial obligations repaying in full $910 million of maturing bonds

Egypt's prosecution respond to settlement deal within hours, says Hussein Salem lawyer

The lawyer of Egypt's fugitive businessman says he expects Saturday a response from the prosecutor-general on a settlement deal offered last week

Australia suspends live cattle exports to Egypt over video

A video showing animal cruelty and 'appalling practices during the slaughter process' in Egyptian abattoirs prompts halt to Australian cattle exports, official says

Microsoft goes mainstream to win phone share

Microsoft lanches lower-priced smartphone in United States to win market share from Apple Inc and Samsung Electronics

ECB cuts interest rates, open to further action

European Central Bank cuts interest rates for first time in 10 months in response to euro zone inflation and rising unemployment

BG reassures on projects as earnings beat consensus

British oil and gas company quarterly earnings reassure investors after issues at fields in North Sea and Egypt had forced it to downgrade 2013 production forecast

Economy

Egypt to shut hotels if staff sexually harass tourists: Tourism minister

Tough penalties to be imposed after travel agencies raise concerns about sexual harassment of tourists by hotel staff in Egypt

Tourism sector fears Egypt custom tariffs on imports

Egypt central bank launches tourism initiative

Egypt-Iran agreement is 'a political stunt': Tourism official

$2.5 bn lost income for Egyptian tourism since 2011

Oil hits one-month high above $105 as Israel strikes Syria

Israeli strike on Syria rises risks over the Middle East supply of oil, driving prices up

Egypt not officially notified of Australian livestock export halt

Egypt's agriculture minister insists that no formal notification has been received on an Australian livestock export ban to Egypt following disturbing abattoir footage

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South Africa braces for 'strike season'

South Africa is expected to see a tough labour strikes wave on better financial conditions

Egypt stocks surge on OCI tax settlement

News of Egypt's largest company tax dispute settlement drove index up, despite failure of EFG Hermes-QInvest merger deal

OCI issues $1.2 billion in bonds on US market

The parent company of Egypt's largest listed firm says bond proceeds will be used to finance fertiliser complex in Iowa

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