Maggie Hyde
Economy Editor
Before becoming Economy Editor, Maggie wrote about economy and business at Egypt Independent. Previously, Maggie worked as an intern reporter in Egypt for the Associated Press. Before coming to Cairo, she wrote for the Midland Reporter Telegram in Texas, Medill News Service in Chicago, and Religion News Service in Washington D.C. She holds a Bachelor of Arts in Arabic and Classics from the University of Notre Dame, and a Master of Science in Journalism from the Medill School of Journalism at Northwestern University.
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News
With a mobile phone in the hands of nearly every Egyptian and three large companies vying to provide customers with affordable mobile services, the telecommunications industry is often touted as one of the most competitive and successful of the...
In a bold break with precedent, the 2012/13 state budget presented by former Prime Minister Kamal al-Ganzouri and his Cabinet reduced fuel subsidies by LE25 billion.
But more than a month into the first quarter of the fiscal year, no concrete steps...
The head of the US economic delegation said Wednesday that United States welcomes Egypt's negotiations with the IMF as the first step towards the country's economic rebound.
"It will provide a foundation for sustained growth and...
The Egyptian government entered negotiations with the International Monetary Fund for a US$4.8 billion loan on Wednesday, taking the most concrete step in accepting the money since the loan was first proposed over a year ago.
Following a meeting...
The Egyptian government has entered negotiations with the International Monetary Fund for a US$4.8 billion loan, Prime Minister Hesham Qandil announced Wednesday in a press conference following a meeting with Managing Director of the IMF Christine...
Nearly a year and a half after protesters mocked former President Hosni Mubarak’s luxurious lifestyle from the sidewalks of Tahrir Square, Egypt has yet to see a cent of the funds he allegedly funneled abroad.
At their most outrageous,...
Since explorers first found natural gas beneath Egypt’s sand and water, the government has struggled to manage its relationship with the foreign companies who manage the extraction of that gas.
The exports which those companies make possible...
The simple act of turning on a stove can mean two very different things for Egyptian families.
In one case, the turn of a stove knob ignites a stream of Egyptian-made natural gas from a pipe, giving forth a steady blue flame. In another, a knob on...
The specifics remain unclear, but Mohamed Morsy’s presidency is ushering in a new and unprecedented relationship between Egypt and its longtime ally the United States.
If the alliance between the countries remains as it has in past years, it...
Egypt has been in the grips of an on-again, off-again fuel shortage for over a year now, with massive lines outside gas stations across the country causing headaches for drivers and sometimes even violent confrontations.
It is frequently portrayed...
