Economy
Q&A with the head of the Consumer Protection Agency
November 8, 2010
Q&A with the head of the Consumer Protection Agency
In the following Interview, head of the Consumer Protection Agency Saeed al-Alfi discusses a Ministry of Industry and Trade decision…
Egypt’s elections presses economy, say experts
November 5, 2010
Egypt’s elections presses economy, say experts
Massive expenditure ahead of the parliamentary and presidential elections is slowing down the government’s ability to accelerate economic reforms, analysts…
Red Sea dive boat fleet: Some assembly required
October 22, 2010
Red Sea dive boat fleet: Some assembly required
Hurghada--The grinding of saws and pounding of mallets echoes through Hurghada’s shipyards, where dive boats are stripped down to their…
Confidence returns to Middle East investment
October 16, 2010
Confidence returns to Middle East investment
Middle East governments and companies are raising cash again from debt and equity markets, while solid oil prices and improving…
Egypt ranked 81 on Global Competitiveness Index
September 21, 2010
Egypt ranked 81 on Global Competitiveness Index
Egypt moves down 11 places from a year ago to 81st place on the 2010 Global Competitiveness Index (GCI), which…
Political ambiguity may push Egyptian pound down
September 7, 2010
Political ambiguity may push Egyptian pound down
Egypt's currency seems unlikely to rebound substantially from 3-1/2 year lows any time soon because investor appetite for Egyptian assets…
Energy council demands gas supply for power stations
September 5, 2010
Energy council demands gas supply for power stations
The Supreme Council for Energy has demanded that the Ministry of Petroleum provide enough natural gas to supply new power…
Economists fear impact of Egypt pound’s slide against dollar
September 1, 2010
Economists fear impact of Egypt pound’s slide against dollar
After declining sharply since mid-July, the Egyptian pound fell to 5.69 against the US dollar on Wednesday, representing its lowest…
Solving the electricity crisis
August 21, 2010
Solving the electricity crisis
It’s the brightest time of the year for Muslims worldwide, but in Egypt, residents are celebrating Ramadan amidst nationwide government-implemented…
Egypt’s wheat dilemma
August 18, 2010
Egypt’s wheat dilemma
Egypt, the world’s second biggest importer of wheat, is seeking alternative suppliers, while agriculture experts say it’s about time to…