Economy
Drop ‘dictator debt,’ activists and economists say
October 28, 2011
Drop ‘dictator debt,’ activists and economists say
Egypt has a budget deficit of nearly 10 percent of GDP and the finance minister recently said that the country…
US expert: Leadership of ‘Military Inc.’ is running Egypt
October 26, 2011
US expert: Leadership of ‘Military Inc.’ is running Egypt
The Egyptian military’s economic interests have long been considered too taboo to discuss in the mainstream media, so little is…
For social justice, government must reform fuel subsidies
October 16, 2011
For social justice, government must reform fuel subsidies
If Egypt is to achieve social justice and an efficient economy, the government must strengthen its regulatory capacity, remove subsidies…
Is the military council leading Egypt toward an economic crisis?
October 3, 2011
Is the military council leading Egypt toward an economic crisis?
Unless serious reforms are made now, the economy could be headed toward a crisis scenario, as more job seekers enter…
Egyptian firms struggle as political uncertainty hits economy
September 21, 2011
Egyptian firms struggle as political uncertainty hits economy
When the chief executive officer of Mobinil, one of Egypt's largest telecommunications firms, tries to plan his budget for 2012,…
IMF: Political, security uncertainty hinders Mideast growth
September 20, 2011
IMF: Political, security uncertainty hinders Mideast growth
Oil-exporting states in the Middle East will lead economic growth in the region, where pro-democracy uprisings have been pushing for…
Post-revolt Egypt unlikely to yield big investment openings
September 17, 2011
Post-revolt Egypt unlikely to yield big investment openings
The political unrest in North Africa and the Middle East is unlikely to produce significant investment opportunities for multinational corporations…
Egyptian firms eye Libya but politics may be hurdle
September 14, 2011
Egyptian firms eye Libya but politics may be hurdle
Egyptians are eager to drum up business in Libya after the overthrow of Muammar Gaddafi, but countries which were swifter…
Egypt’s local borrowing may backfire on economy
September 7, 2011
Egypt’s local borrowing may backfire on economy
Egypt’s increased reliance on local lenders to finance its budget shortfall may stifle any economic recovery by reducing the incentive…
New leadership targets ambitious growth for Egypt’s mines
September 3, 2011
New leadership targets ambitious growth for Egypt’s mines
Held back by bureaucracy and a mining law that hasn’t been updated since 1956, Egypt’s mines are expected to receive…