Maggie Hyde

Bringing entrepreneurship to the curriculum
Business

Bringing entrepreneurship to the curriculum

As an antidote to the country's increasing unemployment problem, one company is working to make entrepreneurship and innovation as important…
NBD to finance electric grid using Islamic finance
Business

NBD to finance electric grid using Islamic finance

The National Bank for Development (NBD) announced on Monday that it has signed on to finance US$110 million in improvements…
Mobinil CEO says industry to face price hikes
Business

Mobinil CEO says industry to face price hikes

Mobile phone services are going to get more expensive, and soon, Mobinil's Chief Operating Officer told a group of reporters…
Two years on, Mubarak money abroad remains unattainable
Business

Two years on, Mubarak money abroad remains unattainable

Nearly two years after demonstrators first started trickling into Tahrir Square, chanting against corrupt government practices and calling for former…
Government struggles to get a sukuk law on the books
Business

Government struggles to get a sukuk law on the books

Officials went to the drawing board with a controversial law on  sukuk , or Islamic-sanctioned bonds, that was set to…
Lifting subsidies, without impoverishing the people
Business

Lifting subsidies, without impoverishing the people

As the Egyptian government comes to terms with its dwindling funds and struggles to navigate a worsening financial crisis, the…
Fiscal fumbling: Tax law, IMF turmoil knocks economy off course
Business

Fiscal fumbling: Tax law, IMF turmoil knocks economy off course

Egyptian officials have asked to postpone a request for a US$4.8 loan from the International Monetary Fund, loan officials said…
Imminent decree to give Morsy more power over Central Bank
Business

Imminent decree to give Morsy more power over Central Bank

President Mohamed Morsy will issue a decree within days that would give him more power over Egypt’s Central Bank, according…
Morsy issues broad tax increases, including energy, soft drinks, cigarettes, alcohol
Business

Morsy issues broad tax increases, including energy, soft drinks, cigarettes, alcohol

New public tax laws on a broad array of products and services were technically entered into force on Friday, as…
Africa rising: Can Egypt capitalize on its neighbors’ growth?
Business

Africa rising: Can Egypt capitalize on its neighbors’ growth?

As Egypt struggles to recover from a period of political tumult and a two-year economic downturn, the country’s market officials…
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