Economy
Lost in the shuffle: Small businesses continue to bear brunt of economic downturn
September 27, 2012
Lost in the shuffle: Small businesses continue to bear brunt of economic downturn
It’s been a hard year for Mohamed al-Kady, owner of a small clothing factory in Heliopolis. The months of unrest…
USAID loan promises small businesses help, but without a guarantee
September 24, 2012
USAID loan promises small businesses help, but without a guarantee
In a visit to Egypt in late August, US Under Secretary of State Robert Hormats announced a US$34 million loan…
The alternative guide to solving Egypt’s economic crisis
September 21, 2012
The alternative guide to solving Egypt’s economic crisis
Egypt is currently taking a series of massive measures which officials say will help fix the country’s ailing economy. In…
Hunger economics: Do rising food prices mean trouble ahead?
September 20, 2012
Hunger economics: Do rising food prices mean trouble ahead?
Ali Mazen, a day laborer from Fayoum, barely makes enough in Cairo to buy food for his family back home.…
In debate over devaluating the pound, officials avoid sparking panic
September 4, 2012
In debate over devaluating the pound, officials avoid sparking panic
In the past year, Egypt has been dealt a series of crippling economic blows, but the Egyptian pound has not…
Is the government trying to tap into the lucrative mobile phone industry?
September 4, 2012
Is the government trying to tap into the lucrative mobile phone industry?
With a mobile phone in the hands of nearly every Egyptian and three large companies vying to provide customers with…
Slow burn: Govt plans gas subsidy cuts, but logistics are unclear
September 3, 2012
Slow burn: Govt plans gas subsidy cuts, but logistics are unclear
In a bold break with precedent, the 2012/13 state budget presented by former Prime Minister Kamal al-Ganzouri and his Cabinet…
US delegation in favor of IMF loan, protesters say no
August 29, 2012
US delegation in favor of IMF loan, protesters say no
The head of the US economic delegation said Wednesday that United States welcomes Egypt's negotiations with the IMF as the…
Inside the stock market of commercials
August 18, 2012
Inside the stock market of commercials
Besides soaps, talk shows and religious segments, which are common features of the Ramadan media diet, a sprawling amount of…
Out in the dark
August 5, 2012
Out in the dark
“We won’t pay!” is the name of a campaign launched by the Socialist Popular Alliance on Thursday to persuade citizens…