Items related to Economy

Central Bank in Cairo
Central Bank offers US$800 million in exceptional auction
Mohsen Abdel Razeq 22 May 2013
On Wednesday, the Central Bank of Egypt conducted an US$800 million exceptional auction, its second in the last two...
EFG Hermes
Egypt's EFG Hermes says Q1 net profit jumps 27 pct
Reuters 22 May 2013
EFG Hermes, Egypt's biggest investment bank, saw net profit jump 27 percent in the first quarter from the same...
Small tomatoes sold at LE10 per kilo at a market in Mansoura, Dakahliya, 9 October, 2010. The recent jump in vegetable prices, especially tomatoes, has made it one of the country’s central concerns, prompting the government to hold a meeting to determine reasons behind the sudden rise in tomato prices.  
Egypt inflation set to climb to 10.9%, says IMF
Reuters 21 May 2013
Inflation in Egypt is expected to climb to 10.9 percent this year, the highest level since 2010, the International...
حسين سالم، رجل الأعمال الهارب، والصديق المقرب للرئيس السابق محمد حسني مبارك.
Official: reconciliation with Mubarak-era businessmen would attract more investment
Egypt Independent
MENA
21 May 2013
Mohamed Omran, head of Egypt's stock market, described the government's decision to reach reconciliation...
Final Issue: Policies of the former regime linger, much to detriment of the economy
Alexandre Goudineau 25 Apr 2013
This piece was written for Egypt Independent's final weekly print edition, which was banned from going to press. We...
Causes of unemployment are varied and may be due to a combination of the following factors.
Final Issue: Problem of unemployment likely to worsen in Egypt
Noha Moustafa 25 Apr 2013
This piece was written for Egypt Independent's final weekly print edition, which was banned from going to press. We...
With the deteriorating economic situation and constant increase in prices, families are struggling to make do with their own resources.
Final Issue: How one Egyptian family struggles to make ends meet amid harsh conditions
Dalia Rabie
Mohamad Adam
25 Apr 2013
This piece was written for Egypt Independent's final weekly print edition, which was banned from going to press. We...
Egyptians queue with their cars at a petrol station, Cairo, January 16, 2012 amid fears of an oil shortage.
Egypt to issue schedule next month for gradual fuel subsidy cuts
Reuters 24 Apr 2013
Egypt aims next month to issue a schedule of gradual rises in the subsidised prices various industries pay for fuel, to...
Borsa struggles under heavy hand of government
Reuters 24 Apr 2013
Egyptian fund manager Mohamed Ayad watched his clients lose money for months until he himself became a victim of the...
Greater oil rig in the world spanning the Suez Canal in May 2008 came from the Dubai was going to Norway
Egypt wants bigger share in future oil, gas contracts
Reuters 24 Apr 2013
Egypt will seek a bigger share of production in future oil and gas exploration contracts signed with foreign companies...