Al-Ahram Weekly Online
21 - 27 June 2001
Issue No.539
Published in Cairo by AL-AHRAM established in 1875 Current issue | Previous issue | Site map

Unblocking the drains
By Aziza Sami

Best of enemies
Egypt's two largest investment banks, and once hated rivals, EFG-Hermes and CIIC, are to merge. For the merger to be a success, the bankers will need to put past sourness behind them, writes Jasper Thornton

Inauspicious timing
It's the best time to go shopping, before prices rise by 1 July when the final stages of the sales tax come into effect, reports Mona El-Fiqi

Increasing income -- not expenditures
Consumers, retailers and wholesalers are all asking why the government is intent on imposing new taxes amidst a recession. Sherine Nasr listens to the minister of finance's answers to the question on everyone's lips

Gearing up for competition
Industrial officials and businessmen gathered this week to discuss how Egyptian industry could better prepare itself to take on foreign competitors. Shaimaa Labib attended


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