Business
In Egypt’s gas industry, foreign investors rule
October 29, 2012
In Egypt’s gas industry, foreign investors rule
Since explorers first found natural gas beneath Egypt’s sand and water, the government has struggled to manage its relationship with…
Demand grows and inequalities widen in Egypt’s gas industry
October 29, 2012
Demand grows and inequalities widen in Egypt’s gas industry
The simple act of turning on a stove can mean two very different things for Egyptian families. In one case,…
Foreign reserves likely up US$300-400 mn, newspaper says
October 29, 2012
Foreign reserves likely up US$300-400 mn, newspaper says
Foreign reserves probably rose US$300 million to $400 million in October thanks to loans from Qatar and Turkey, state-run Al-Gomhurriya…
In economic flux, Islamic banking and finance are gaining ground
October 26, 2012
In economic flux, Islamic banking and finance are gaining ground
The economic stagnation of the past year and a half has taken a toll on many businesses, but a fleet…
IMF team to resume talks in Egypt next week
October 24, 2012
IMF team to resume talks in Egypt next week
An International Monetary Fund team will arrive in Cairo next week to resume discussions on a US$4.8 billion loan that…
Consumer confidence up since Morsy’s election
October 24, 2012
Consumer confidence up since Morsy’s election
Egyptian consumers have greater confidence, and are more likely to make durable goods purchases now than they were at the…
Egypt to import Algerian gas
October 24, 2012
Egypt to import Algerian gas
Prime Minister Hesham Qandil said on Wednesday that although Egypt is a producer and exporter of natural gas, it has…
Egypt’s cotton exports down by 26.8%
October 24, 2012
Egypt’s cotton exports down by 26.8%
Egypt's cotton exports have fallen by 26.8 percent to 232 metric tons during the period from March to May 2012,…
Egypt association plans list of Islamic stocks
October 23, 2012
Egypt association plans list of Islamic stocks
An Egyptian association plans to launch a list of sharia-compliant equities next week as part of its efforts to raise…
Egypt’s unbalance of payments
October 22, 2012
Egypt’s unbalance of payments
It’s no secret that Egypt’s current government is having trouble financing its spending. But the government’s troubles reflect a greater…