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This piece was written for Egypt Independent's final weekly print edition, which was banned from going to press. We offer you our 50th and final edition here. Whether the economy is growing or slowing, unemployment has been one of Egypt’s...
  Adel Gazarin, a prominent figure in Egypt’s automotive industry, has played an important role in the field since its beginning in the 1950s, a period that witnessed the development of state-owned heavy industries. Born in 1926 in the...
Egypt’s budget deficit reached about LE146.5 billion in the first eight months of fiscal year 2012/13, equaling 8.2 percent of gross domestic product, according to the Finance Ministry’s monthly report. Because of a confluence of...
Grabbing hold of a little good news, most papers Thursday highlight a $3 billion injection of economic aid from Qatar announced during an Egyptian delegation's visit to Doha Wednesday. Independent newspaper Al-Shorouk reports that Doha intends...
An abrupt implementation of a 10 percent capital gains tax on shareholders and investment funds that profited from the takeover of National Societe Generale Bank by Qatar National Bank created enough of an uproar to force authorities to reconsider...
A lawsuit filed against Egypt’s president and prime minister for raising the price of butane gas cylinders last week, claims that the gas subsidy bill in the state budget is marred with miscalculations. The Citizens Against Price Rise...
The Cairo Flea Market is becoming an increasingly popular destination for those seeking to buy secondhand items and hidden treasures. A hit in February on Valentine’s Day, and also on 9 March, the market will be open again during the weekend...
The Shura Council approved in late March a law allowing the issuance of sukuk, or Islamic bonds, which the heavily indebted government touts as a financial tool that can support the ailing economy. Despite creating a stir for what some claim is...
  Serving another blow to an already battered economy, news emerged last week that the assets of more than 20 businessmen would be frozen in a case of alleged stock market manipulation in the sale of Al-Watany Bank of Egypt.   The...
An amateur Spanish photographer with a passion for reporting, Javier Menendez Bonillahas traveled the world and lived in many countries as part of his work for the European Union’s Economic and Social Development Department. But throughout his...

Opinion articles

This piece was written for Egypt Independent's final weekly print edition, which was banned from going to press. We offer you our 50th and final edition here. "Sharara,” or jinx, was the only word my husband managed to utter as he...