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Unemployment Egypt

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BUSINESS
April 6, 1994
MEXICAN STOCKS * The market ignored Wall Street's rally and closed sharply lower Tuesday, depressed about the likelihood of higher interest rates in the near term. The Bolsa index slumped 31.34 points to 2,234.15, after Monday's 145-point plunge. The index now is at its lowest level since late November. * Traders fear that the surge in U.S. interest rates over the past week will mean sharply higher Mexican rates at the government's weekly note auction today.
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BUSINESS
July 27, 1995 | CRAIG TURNER, TIMES STAFF WRITER
When officials put the government-owned Al-Ahram Brewing Co. up for sale recently, they thought they had grounds for optimism. The company's signature Stella beer enjoys a near-monopoly in Egypt, and the brewery is one of the few government companies to actually turn a profit. So Hamed Fahmy, who heads the huge state holding company that controls the brewery, was nonplussed when no buyer came forward with an offer even close to the asking price.
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