Economy
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…
Lingering security void devastates tourism in Luxor
August 28, 2011
Lingering security void devastates tourism in Luxor
The absence of security poses a significant challenge to the tourism industry in Luxor, a main tourist center in Egypt.…
Sharm el-Sheikh celebrates Mubarak’s departure
August 12, 2011
Sharm el-Sheikh celebrates Mubarak’s departure
Sharm el-Sheikh, Egypt’s tourism capital, breathed a sigh of relief last week when former President Hosni Mubarak was transported to…
International union federations vie for Egypt’s workers
July 27, 2011
International union federations vie for Egypt’s workers
The recently liberated Egyptian labor movement is being courted by international union federations looking for inroads into one of the…
Agriculture could be key to reviving Egypt’s economy, experts say
July 27, 2011
Agriculture could be key to reviving Egypt’s economy, experts say
For decades Egypt’s economy was guided by political forces who wanted to enjoy the fruits of western capitalist democracy without sowing…
Through transition, Central Bank seeks stability, maintains secrecy
July 21, 2011
Through transition, Central Bank seeks stability, maintains secrecy
The events of the past six months have shaken Egypt’s economy, drying up tourism and leaving international investors leery. But…
Egypt’s Finance Minister does not rule out return to IMF
July 19, 2011
Egypt’s Finance Minister does not rule out return to IMF
Egypt's finance minister-designate told Reuters on Tuesday that the government was committed to a market economy and to creating an…