Economy

On first Egypt visit, IFC head says investors await clarity, commitment from government

On first Egypt visit, IFC head says investors await clarity, commitment from government

On his first visit to the Middle East in his new capacity as the CEO of the International Finance Corporation,…
Orascom buyout battle scars stock market

Orascom buyout battle scars stock market

A regulatory battle over an offer to buy out shareholders in Orascom Construction Industries may inflict damage on the Egyptian…
Barcelona shows off the future of mobile technology

Barcelona shows off the future of mobile technology

BARCELONA — The HTC One made a splash at this year’s Mobile World Congress, walking away with the coveted best…
Egypt companies scope out possibilities at the Mobile World Congress

Egypt companies scope out possibilities at the Mobile World Congress

At this year’s Mobile World Congress, 17 companies from Egypt were present, with a focus on branding the country as…
Egypt’s fuel shortages demonstrate perfect storm of economic pressures

Egypt’s fuel shortages demonstrate perfect storm of economic pressures

Long lines at gas stations and electricity blackouts have become a part of everyday life for most Egyptians in the…
Labor dispute resolution makes little headway for Ain Sokhna Port workers

Labor dispute resolution makes little headway for Ain Sokhna Port workers

Workers at Ain Sokhna Port returned to work last week, bringing to an end a two-week strike that resulted in…
Maximum and minimum wage law lacks details, faces obstacles in implementation

Maximum and minimum wage law lacks details, faces obstacles in implementation

Early this month, two Nour Party members of the upper house of parliament, the Shura Council, presented a bill that…
In reconciling with regime figures, officials opt for quick cash over formal trials

In reconciling with regime figures, officials opt for quick cash over formal trials

For months now, officials have been engaging in large-scale reconciliation efforts with members of the former regime accused of corruption,…
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