sharon sanders
Editor-in-Chief & President
machine translation -
Ambiguity on the date of the return of the stock market and banks and hotel occupancy «zero»
According to a statement to Al-Radwan «Arab» Thursday, the Egyptian Stock Exchange lost since Tuesday, January 25 about 70 billion pounds, compared to 61 billion lost during the global financial crisis in October 2008.
And caused the bloody events in Tahrir Square on Wednesday night, in a further loss of the tourism sector, he said an official at a hotel that the occupancy rate is almost down to the «zero», pointing out that the effects of the crisis spread to areas distant from the capital, including Luxor, Aswan and Sharm El Sheikh, with continued embassies of most countries of the world warning their nationals from coming to Egypt.
Ambiguity on the date of the return of the stock market and banks and hotel occupancy «zero»
Thu, 03/02/2011 - 22:16
Thu, 03/02/2011 - 22:16.
Dr. Samir Radwan, the Minister of Finance, The losses of the Egyptian economy as a result of the current crisis than losses during the global financial crisis, while oil prices continued to leap up to more than $ 103 a barrel.According to a statement to Al-Radwan «Arab» Thursday, the Egyptian Stock Exchange lost since Tuesday, January 25 about 70 billion pounds, compared to 61 billion lost during the global financial crisis in October 2008.
And caused the bloody events in Tahrir Square on Wednesday night, in a further loss of the tourism sector, he said an official at a hotel that the occupancy rate is almost down to the «zero», pointing out that the effects of the crisis spread to areas distant from the capital, including Luxor, Aswan and Sharm El Sheikh, with continued embassies of most countries of the world warning their nationals from coming to Egypt.