Business | Economy
Egypt creates $854m compensation fund
The Egyptian government would honour all financial commitments once banks reopen on Sunday.
- Published: 18:36 February 4, 2011
- A woman carries groceries in Cairo, Egypt, on Monday, Dec. 1, 2008. Egypt's Investment Minister Mahmoud Mohieldin said that economic growth will slow this fiscal year as the Arab world's most populous nation is "badly" affected by the global credit crisis.
More from Economy
Popular in Economy
Popular in Business
Business Editor's choice
Property exhibition to be held at Adnec from April 22-24
While it will raise consumer spending, private sector is loath to take on more costs
Fears grow of deepening economic slowdown amid soft exports and an expected thaw in demand