Economy
Abu Dhabi bank chief says Egypt must develop base of economy
November 9, 2013
Abu Dhabi bank chief says Egypt must develop base of economy
In order to reach its potential, Egypt must first develop the base of its economy, which currently lacks raw materials…
Is the worst over for Egypt’s economy?
November 6, 2013
Is the worst over for Egypt’s economy?
Could Egypt’s economy be on the road to recovery? Some indicators suggest this might be the case.
Egypt sees a drop in millionaires during Morsy
November 3, 2013
Egypt sees a drop in millionaires during Morsy
The number of millionaires in Egypt fell by around 3,000 during Morsy’s one-year rule, according to Credit Suisse Research Institute’s…
Egypt’s economic competitiveness plunges to new lows
October 12, 2013
Egypt’s economic competitiveness plunges to new lows
Political instability has caused Egypt’s economic competitiveness to tumble from 107th to 118th out of 148 countries, according to Global…
New mandatory pricing list: a merchant’s nightmare
October 1, 2013
New mandatory pricing list: a merchant’s nightmare
The interim government has threatened imposing a so-called “mandatory pricing list” on merchants to fight soaring commodity prices and merchants’…
Government cuts commodity prices as part of stimulus plan
September 26, 2013
Government cuts commodity prices as part of stimulus plan
In light of current high inflation rates, which rose an alarming 0.7 percent, the interim government launched a new price…
Making the most of Gulf aid to Egypt
September 6, 2013
Making the most of Gulf aid to Egypt
We may not like it, but Egypt desperately needs Gulf money.So why not change the way the Gulf lends money to Egypt…
In Syria, try banks before bombs
August 30, 2013
In Syria, try banks before bombs
As President Barack Obama weighs the U.S. response to chemical weapons attacks against Syrian civilians, one soft power option should…
Why Egypt’s pound is not strengthening
August 23, 2013
Why Egypt’s pound is not strengthening
Take a look at this chart, which the Central Bank has been proudly parading this month:(Bloomberg)It shows how the pound’s…
Workers, environment bear brunt in Sinai cement trade
August 7, 2013
Workers, environment bear brunt in Sinai cement trade
It is 3 pm, the time the workers of the Sinai Cement Company set off for home. Some are suffering…