Economy
Egypt entrepreneurs see new dawn post-revolution
January 18, 2012
Egypt entrepreneurs see new dawn post-revolution
Two months after mass protests ousted Egyptian President Hosni Mubarak last February, Ahmed Essam resigned from his job at a…
As Egypt returns to IMF, transparency still lacking
January 15, 2012
As Egypt returns to IMF, transparency still lacking
Though largely billed as the country’s best and last hope to balance a growing budget deficit and to alleviate a…
A year in review: After a tough year, Egypt’s economic future still uncertain
December 31, 2011
A year in review: After a tough year, Egypt’s economic future still uncertain
In 2011, the Egyptian economy took a pummeling from the revolution. In 2012, it looks like it will be coming…
Activists challenge European Investment Bank’s ties to EFG Hermes
December 29, 2011
Activists challenge European Investment Bank’s ties to EFG Hermes
The Egyptian investment bank EFG Hermes had Gamal Mubarak, once considered the next heir to Egypt’s presidency and now on…
Business owners feel effects of Egyptian currency’s depreciation
December 27, 2011
Business owners feel effects of Egyptian currency’s depreciation
After Egyptian pound slid to its lowest value in seven years this week, Egyptian business owners are feeling its effects.…
Shops lower prices for ‘Buy Egypt’ day, but benefits are doubted
December 18, 2011
Shops lower prices for ‘Buy Egypt’ day, but benefits are doubted
In an attempt to spur the local economy from within, 16 December was dubbed “Buy Egyptian Day” by various business…
Egypt: Uncertainty is bad for business
December 15, 2011
Egypt: Uncertainty is bad for business
In the tense aftermath of the January 25 revolution and amid the ongoing violence of the Arab Spring, the economic…
Will liberal parties be able to influence economic policy?
December 11, 2011
Will liberal parties be able to influence economic policy?
Despite their modest gains in the first round of elections, liberal parties could still play an influential role in setting…
In courts and picket lines, workers try to reverse corrupt privatization
December 6, 2011
In courts and picket lines, workers try to reverse corrupt privatization
When an Egyptian administrative court ruled in mid-September that Tanta Linens, Shebin Textiles and Weaving Company, and Al-Nasr Company for…
Hajj prices cast shadow over pilgrimage season in Egypt
November 5, 2011
Hajj prices cast shadow over pilgrimage season in Egypt
Prices for the Islamic pilgrimage season, which began on Saturday, continue to rise this year. Tourism companies, which control around…