Economy

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…
Egypt’s rice export ban only benefits smugglers

Egypt’s rice export ban only benefits smugglers

  Smugglers in the Middle East are enjoying an unlikely moneyspinner — illegal medium grain rice. Shoppers across the Gulf,…
Draft law threatens independent unions, but workers vow to fight

Draft law threatens independent unions, but workers vow to fight

A new draft law introduced in Parliament threatens to dissolve the independent trade unions that have sprung up in various…
SCAF takes strike-breaking into its own hands

SCAF takes strike-breaking into its own hands

While the independent trade union movement has flourished over the past year, the Supreme Council of the Armed Forces has…
Eurozone instability threatens Egypt

Eurozone instability threatens Egypt

As the country struggles to get back on its economic feet, Egypt’s neighbors across the Mediterranean may be on the…
Four months of solitude: Beblawy book recalls frustrations in government

Four months of solitude: Beblawy book recalls frustrations in government

Working in Egypt’s transitional government under the stewardship of the Supreme Council of the Armed Forces is no easy task,…
Looming devaluation of Egyptian pound may have lasting effects

Looming devaluation of Egyptian pound may have lasting effects

With a loan deal between Egypt and the International Monetary Fund still uncertain and foreign investors still wary of returning,…
Informal economy presents challenges, but also opportunities

Informal economy presents challenges, but also opportunities

With Egypt’s economy struggling over the past year, everyone from generals and government officials to presidential candidates and academics have…
Government drags feet on fuel subsidy reform

Government drags feet on fuel subsidy reform

For years, Egypt’s government has discussed the need to reform fuel subsidies that mainly benefit energy-intensive industries and the wealthy,…
Consumers suffer from scarce butane as black market prices soar

Consumers suffer from scarce butane as black market prices soar

Mona Farag stood quietly watching military and police beat some of the women around her, forcing them, with the sides…
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