Economy

Qandil’s economic appointments maintain status quo in weakened govt

Qandil’s economic appointments maintain status quo in weakened govt

As Prime Minister Hesham Qandil was unveiling the new Cabinet, unrest ensued in parts of the country. One person died…
Ramadan consumer frenzy curtailed by anxious retailers and unsure consumers

Ramadan consumer frenzy curtailed by anxious retailers and unsure consumers

  Soheir Salem, a housewife and mother of four, walked out to the markets last Friday looking to buy her…
Living on borrowed time: Morsy’s political economics

Living on borrowed time: Morsy’s political economics

President Mohamed Morsy is seeking to use public spending to build a base of support in diverse sectors of society,…
Is the govt covering up the cause of the fuel shortage?

Is the govt covering up the cause of the fuel shortage?

Egypt has been in the grips of an on-again, off-again fuel shortage for over a year now, with massive lines…
In new region, EBRD told to proceed with caution

In new region, EBRD told to proceed with caution

Under Hosni Mubarak’s 30-year reign, “the private sector” and “privatizations” became politically laden terms associated with a circle of businessmen…
With headquarters’ move, Egypt Exchange disconnects from heart of the city

With headquarters’ move, Egypt Exchange disconnects from heart of the city

When officials cut the ribbon in front of the doors of the new headquarters for the Egyptian Exchange on 12…
Brotherhood businessman urges business to play role in development

Brotherhood businessman urges business to play role in development

One month after the regime of former President Hosni Mubarak fell, in March 2011, Hassan Malek was released from jail.…
IMF loan stalled by FJP and government politicking

IMF loan stalled by FJP and government politicking

Amid the commotion surrounding Egypt's presidential elections and the drafting of a new constitution, the Muslim Brotherhood has taken its…
Gulf pledges of financial help late, shrouded in secrecy

Gulf pledges of financial help late, shrouded in secrecy

Over a year ago, Gulf leaders pledged loan, grant and investment packages to rescue Egypt from financial disaster during its…
Advocacy group rejects government’s IMF-pleasing reform plan

Advocacy group rejects government’s IMF-pleasing reform plan

A coalition of economists, activists and academics are condemning the government’s economic reform plan put forward by the Ministry of…
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