Economy

Egypt’s economic reform plan: Revolutionary social justice, or more of the same?

Egypt’s economic reform plan: Revolutionary social justice, or more of the same?

The details of a 10-year economic reform plan that officials say aims to make Egypt “a free and democratic civil…
Egypt’s renaissance bank account raises doubts

Egypt’s renaissance bank account raises doubts

During his visit to Assiut early this month, President Mohamed Morsy announced the opening of Egypt’s renaissance bank account, number…
Franchises are on the rise, despite a rough economy

Franchises are on the rise, despite a rough economy

Egyptian shoppers are likely to see even more big-name brands gracing their malls and shopping centers in the coming years,…
Cooking with economy in Ard al-Lewa

Cooking with economy in Ard al-Lewa

Um Islam, of the informal Ard al-Lewa neighborhood in northwest Giza, knows just where to find the cheap and good-sized…
Sealing the deal: Egypt closest it’s been to securing IMF loan

Sealing the deal: Egypt closest it’s been to securing IMF loan

Egypt reached a preliminary agreement with an International Monetary Fund delegation Tuesday, putting into action the disbursement process for a…
Making financial literacy fun, in a largely unbanked Egypt

Making financial literacy fun, in a largely unbanked Egypt

The comic book begins much as would be expected: Marvel comics’ the Avengers and Spiderman assemble to battle a villain…
In lifting 95-octane subsidy, government takes small bite out of deficit

In lifting 95-octane subsidy, government takes small bite out of deficit

The Egyptian government has announced that it will lift the subsidy on 95-octane gasoline in the coming week, taking the…
In anti-IMF march, austerity fears and economic disillusion

In anti-IMF march, austerity fears and economic disillusion

Several hundred protesters gathered on Monday evening outside the stock exchange building in downtown Cairo and marched to the headquarters…
Salafis to back Sharia-friendly business

Salafis to back Sharia-friendly business

Egypt’s Salafis are branching out into business, bringing their ultraconservative teaching of Islam into the world of modern finance.  …
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