economic crisis
Only foreign investment can reduce the burden of public debt: Boutros Ghaly
Business
March 2, 2017
Only foreign investment can reduce the burden of public debt: Boutros Ghaly
Only foreign investment can reduce the burden of public debt because Egyptian investment will not be able to raise growth…
Rapid currency slide chokes business in Egypt
Business
November 1, 2016
Rapid currency slide chokes business in Egypt
Business is grinding to a near-halt in Egypt as companies struggle to keep pace with a rapid slide in the…
Shore up the euro before it’s too late, experts warn
Business
September 20, 2016
Shore up the euro before it’s too late, experts warn
Will the euro survive the next big crisis?A new report inspired by Jacques Delors, one of the architects of the…
Ecuador appeals to tourists to return as earthquake hits economy
World
August 7, 2016
Ecuador appeals to tourists to return as earthquake hits economy
Almost four months after a devastating earthquake hit Ecuador, a leading government minister has appealed to tourists to return to…
Sisi warns tough measures to fix economy are looming
Egypt
August 1, 2016
Sisi warns tough measures to fix economy are looming
President Abdel Fattah al-Sisi warned Egyptians on Monday that tough measures would be needed to turn the country's ailing economy…
Greek PM to raise cash crunch at EU leaders’ summit
World
March 18, 2015
Greek PM to raise cash crunch at EU leaders’ summit
Greek Prime Minister Alexis Tsipras will raise the country's deepening cash crunch in talks with EU leaders at this week's…
Gold sales continue to decline despite low prices
Business
October 13, 2013
Gold sales continue to decline despite low prices
Gold prices continued to decline for the third day in a row. The 24 carat price scored LE293.70 on Friday,…
Stock market achieves limited gains Thursday
Business
October 3, 2013
Stock market achieves limited gains Thursday
The stock market’s benchmark index EGX-30 rose by 0.5 percent reaching 5726.22 points Thursday. The small and medium-sized index EGX70 declined…
Unemployment around the corner for street food salesman
Culture
August 18, 2013
Unemployment around the corner for street food salesman
Just around the corner of the 26 July Street, Ayman Gamal stands with his colourful cart hoping to attract customers…
Egypt may be forced to “muddle through” without IMF
Business
April 16, 2013
Egypt may be forced to “muddle through” without IMF
The country may struggle on for the rest of the year without an IMF loan, enduring a summer of fuel…