Economy
As Egypt’s economy suffers, Gulf money moves into banking sector
January 26, 2013
As Egypt’s economy suffers, Gulf money moves into banking sector
As Egypt's banking sector struggles under the weight of a credit crunch, Arab banks are seeing the crisis as an…
Two years on, Mubarak money abroad remains unattainable
January 25, 2013
Two years on, Mubarak money abroad remains unattainable
Nearly two years after demonstrators first started trickling into Tahrir Square, chanting against corrupt government practices and calling for former…
Inside oil and gas industry, serious disgruntlement
January 23, 2013
Inside oil and gas industry, serious disgruntlement
International oil and gas companies see great potential in Egypt, but say they are frustrated with the current state of…
Sawiris’ OCI looks to move outside Egypt, and its stocks may follow
January 20, 2013
Sawiris’ OCI looks to move outside Egypt, and its stocks may follow
Orascom and a group of American investors, among them Microsoft giant Bill Gates, have set into motion a transaction set…
UK delegation assures return of Mubarak assets, denies inaction
January 15, 2013
UK delegation assures return of Mubarak assets, denies inaction
A delegation of high-level UK officials are in Cairo this week to discuss the return of assets obtained illegally by…
New finance minister supports IMF loan, lacks government experience
January 14, 2013
New finance minister supports IMF loan, lacks government experience
A public finance professor with an Islamic finance specialization, and no experience in government or politics, has been named the…
In promised dialogue on tax laws, serious discord
January 13, 2013
In promised dialogue on tax laws, serious discord
A government-sponsored dialogue on Egypt’s controversial tax law changes turned into an airing of grievances by political party…
Qatar’s cash deposits raise questions of political leverage over Egypt
January 13, 2013
Qatar’s cash deposits raise questions of political leverage over Egypt
The rich Gulf state of Qatar has once again made a sizeable dollar deposit into Egypt’s central bank, bringing its…
Government struggles to get a sukuk law on the books
January 10, 2013
Government struggles to get a sukuk law on the books
Officials went to the drawing board with a controversial law on sukuk , or Islamic-sanctioned bonds, that was set to…