Economy

Ministry of Finance budget does not prioritize the nation’s poor

Ministry of Finance budget does not prioritize the nation’s poor

A recent Ministry of Finance report revealed positive GDP indicators for the financial year 2009/10, but critics maintain that these…
Traditional coffee threatened by capuccino

Traditional coffee threatened by capuccino

Traditional coffee millers are calling on the Ministry of Trade and Industry to help them modernize to be able to…
Migrants’ remittances: Between expenditure and investment

Migrants’ remittances: Between expenditure and investment

A study on remittances and investment opportunities for Egyptian migrants was released in mid-July by the International Organization for Migration…
Egypt’s recurring food price crisis

Egypt’s recurring food price crisis

In the summer of 2008, the so-called “food price crisis” took Egypt by storm. Drastically rising food prices made headlines…
New pensions law: The hollow promise of a ‘happy retirement’

New pensions law: The hollow promise of a ‘happy retirement’

On 13 June, one year after the government introduced a new insurance and pension law, parliament ratified the final draft.The…
Q&A: Investment Minister talks privatization, protests

Q&A: Investment Minister talks privatization, protests

Mahmoud Mohieldin, Egypt’s first-ever investment minister, appears to know how to take a joke--and a bit of criticism. Visitors to…
EBRD: Euro Zone crisis to hit emerging Europe

EBRD: Euro Zone crisis to hit emerging Europe

Zagreb--The euro zone deficit crisis will prompt fiscal cuts that will hit demand for exports from central and Eastern Europe…
High hopes for economy at Euromoney conference

High hopes for economy at Euromoney conference

Egypt has been affected only slightly by the global financial crisis and now that it is coming to an end,…
Meat price hikes impact Alexandrian businesses

Meat price hikes impact Alexandrian businesses

Butchers and owners of traditional kebab-and-kofta restaurants--the menu selections of which are usually priced by the kilo--say that skyrocketing meat…
Survey: Egyptians did US$2.1 billion in e-commerce last year

Survey: Egyptians did US$2.1 billion in e-commerce last year

A new survey conducted by Amman-based consultancy Arab Advisors Group revealed that almost 35 percent of adult internet users in…
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