Economy
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…
Labor unrest persists among private sector workers
August 6, 2010
Labor unrest persists among private sector workers
A wave of industrial unrest has swept through the private sector this week.A delegation of some 150 employees from the…
Ministry of Finance budget does not prioritize the nation’s poor
August 6, 2010
Ministry of Finance budget does not prioritize the nation’s poor
A recent Ministry of Finance report revealed positive GDP indicators for the financial year 2009/10, but critics maintain that these…
Traditional coffee threatened by capuccino
August 2, 2010
Traditional coffee threatened by capuccino
Traditional coffee millers are calling on the Ministry of Trade and Industry to help them modernize to be able to…
Migrants’ remittances: Between expenditure and investment
July 31, 2010
Migrants’ remittances: Between expenditure and investment
A study on remittances and investment opportunities for Egyptian migrants was released in mid-July by the International Organization for Migration…
Egypt’s recurring food price crisis
July 15, 2010
Egypt’s recurring food price crisis
In the summer of 2008, the so-called “food price crisis” took Egypt by storm. Drastically rising food prices made headlines…
New pensions law: The hollow promise of a ‘happy retirement’
July 5, 2010
New pensions law: The hollow promise of a ‘happy retirement’
On 13 June, one year after the government introduced a new insurance and pension law, parliament ratified the final draft.The…
Q&A: Investment Minister talks privatization, protests
June 21, 2010
Q&A: Investment Minister talks privatization, protests
Mahmoud Mohieldin, Egypt’s first-ever investment minister, appears to know how to take a joke--and a bit of criticism. Visitors to…