Economy

Africa rising: Can Egypt capitalize on its neighbors’ growth?

Africa rising: Can Egypt capitalize on its neighbors’ growth?

As Egypt struggles to recover from a period of political tumult and a two-year economic downturn, the country’s market officials…
Egypt bourse to join new Pan-African Index

Egypt bourse to join new Pan-African Index

Egypt’s listed companies will join the new Pan-African Index when it goes live Monday, which will encompass 19 stock exchanges…
Economy’s fragile economic recovery shaken by unrest

Economy’s fragile economic recovery shaken by unrest

The doors and windows of the businesses that line Tahrir Square were shuttered again one morning last week, after nearly…
Egypt’s economic reform plan: Revolutionary social justice, or more of the same?

Egypt’s economic reform plan: Revolutionary social justice, or more of the same?

The details of a 10-year economic reform plan that officials say aims to make Egypt “a free and democratic civil…
Egypt’s renaissance bank account raises doubts

Egypt’s renaissance bank account raises doubts

During his visit to Assiut early this month, President Mohamed Morsy announced the opening of Egypt’s renaissance bank account, number…
Franchises are on the rise, despite a rough economy

Franchises are on the rise, despite a rough economy

Egyptian shoppers are likely to see even more big-name brands gracing their malls and shopping centers in the coming years,…
Cooking with economy in Ard al-Lewa

Cooking with economy in Ard al-Lewa

Um Islam, of the informal Ard al-Lewa neighborhood in northwest Giza, knows just where to find the cheap and good-sized…
Sealing the deal: Egypt closest it’s been to securing IMF loan

Sealing the deal: Egypt closest it’s been to securing IMF loan

Egypt reached a preliminary agreement with an International Monetary Fund delegation Tuesday, putting into action the disbursement process for a…
Making financial literacy fun, in a largely unbanked Egypt

Making financial literacy fun, in a largely unbanked Egypt

The comic book begins much as would be expected: Marvel comics’ the Avengers and Spiderman assemble to battle a villain…
In lifting 95-octane subsidy, government takes small bite out of deficit

In lifting 95-octane subsidy, government takes small bite out of deficit

The Egyptian government has announced that it will lift the subsidy on 95-octane gasoline in the coming week, taking the…
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