22 Nov 2012
Um Islam, of the informal Ard al-Lewa neighborhood in northwest Giza, knows just where to find the cheap and good-sized eggplants in her local market.
After making her way past a series of stalls offering baskets of the oblong...
20 Nov 2012
Egypt reached a preliminary agreement with an International Monetary Fund delegation Tuesday, putting into action the disbursement process for a US$4.8 billion loan from the fund that has been more than a year in the making.
16 Nov 2012
The comic book begins much as would be expected: Marvel comics’ the Avengers and Spiderman assemble to battle a villain intent on destroying humankind. But there’s a twist.
Set in a modern bank, the superheroes battle a...
14 Nov 2012
The Egyptian government has announced that it will lift the subsidy on 95-octane gasoline in the coming week, taking the first step toward implementing an International Monetary Fund-approved economic reform plan.
Officials are trying to...
13 Nov 2012
Several hundred protesters gathered on Monday evening outside the stock exchange building in downtown Cairo and marched to the headquarters of the Cabinet to protest the government’s negotiations with the International Monetary Fund...
09 Nov 2012
The shares of the London-based mining giant Centamin tumbled last week, wiping about 40 percent off its share price, after an Egyptian court ruled void the company’s rights to operate the lucrative Sukari Gold Mine....
08 Nov 2012
Egypt’s Salafis are branching out into business, bringing their ultraconservative teaching of Islam into the world of modern finance.
The Salafi Dawah, the largest organization of ultraconservative Islamists in Egypt, founded...
07 Nov 2012
Egypt's leaders continued negotiations with an IMF delegation for a US$4.8 billion loan this week, sorting out the details of a large-scale economic reform program aimed at reducing the country's growing deficit.
The loan, which...
03 Nov 2012
For the thousands of young men and women who filled Tahrir Square nearly two years ago, youth unemployment was a huge issue. For many, their main demand was simple: an economy that would employ them.
But throughout the transition period,...
02 Nov 2012
The Wednesday decision by Local Development Minister Ahmed Zaki Abdeen to postpone indefinitely the law that would close shops at 10pm put a halt to a growing controversy over the government's lights-out policy.