Economy
IMF loan does not mean return of foreign investment, experts say
November 7, 2012
IMF loan does not mean return of foreign investment, experts say
Egypt's leaders continued negotiations with an IMF delegation for a US$4.8 billion loan this week, sorting out the details of…
Recent graduates hit hardest by persistent unemployment
November 3, 2012
Recent graduates hit hardest by persistent unemployment
For the thousands of young men and women who filled Tahrir Square nearly two years ago, youth unemployment was a…
Economists see folly in postponed shop closing law
November 2, 2012
Economists see folly in postponed shop closing law
The Wednesday decision by Local Development Minister Ahmed Zaki Abdeen to postpone indefinitely the law that would close shops at…
In going after corruption, Morsy breeds market anxiety
October 31, 2012
In going after corruption, Morsy breeds market anxiety
It began with a remark in a speech by President Mohamed Morsy at a celebration commemorating the October War. In…
In Egypt’s gas industry, foreign investors rule
October 29, 2012
In Egypt’s gas industry, foreign investors rule
Since explorers first found natural gas beneath Egypt’s sand and water, the government has struggled to manage its relationship with…
Demand grows and inequalities widen in Egypt’s gas industry
October 29, 2012
Demand grows and inequalities widen in Egypt’s gas industry
The simple act of turning on a stove can mean two very different things for Egyptian families. In one case,…
In economic flux, Islamic banking and finance are gaining ground
October 26, 2012
In economic flux, Islamic banking and finance are gaining ground
The economic stagnation of the past year and a half has taken a toll on many businesses, but a fleet…
Egypt’s unbalance of payments
October 22, 2012
Egypt’s unbalance of payments
It’s no secret that Egypt’s current government is having trouble financing its spending. But the government’s troubles reflect a greater…
Officials tout big plans for development in the Suez Canal
October 19, 2012
Officials tout big plans for development in the Suez Canal
As Egypt struggles to emerge from a period of deep financial uncertainty, government officials are looking towards the country’s vital…
A new loaf: Will Egypt tighten bread subsidies?
October 17, 2012
A new loaf: Will Egypt tighten bread subsidies?
At the dead end of a winding side street in the central Cairo neighborhood of Sayeda Zeinab, Ashraf al-Husseini sat…