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Handcrafting Ramadan

  Sunrays filter through rows of glass Ramadan lanterns, spraying colour over the narrow alley in Al-Darb Al-Ahmar. People view the displayed lanterns with admiration as they walk by, but only a few negotiations with shop owners end in a sale. Using Lanterns in Ramadan celebrations is a tradition that goes back to the Fatimid …

Marwa Morgan

Ezz Steel Q3 trims net loss

Reuters – Ezz Steel, Egypt’s biggest steel maker, trimmed its net loss by 74% in the third quarter of FY 2013 to 28.64 million Egyptian pounds from 110.05 million a year earlier, company results showed on Monday. Street unrest, political turmoil and an economic slump since a popular uprising toppled autocrat Hosni Mubarak in 2011 …

Daily News Egypt

Government to enforce Competition Protection Act

The government plans to re-enforce article 10 of the Competition Protection and Monopoly Prevention Act (CPMPA), according to Minister of Industry and Foreign Trade Hatem Saleh. The Citizens Against Price Rise Association (CAPRA) recommended reviving article 10 of CPMPA, which stipulates that the prime minister has the right to set the price of one commodity …

Islam Serour