economic crisis

Egypt calls in favors as credit crunch hits key imports
Business

Egypt calls in favors as credit crunch hits key imports

Egypt has hit breaking point in its ability to pay for imports of oil, wheat and other basic commodities, forcing…
Egypt’s economy: From crisis to crash
Opinion

Egypt’s economy: From crisis to crash

Since February 2011, Egyptian authorities have designed their fiscal, monetary and exchange rate policies for the sole purpose of preventing…
GDP grows 2.4% in first half of fiscal year
Business

GDP grows 2.4% in first half of fiscal year

Egypt’s economy grew 2.4 percent during the first half of the current fiscal year, according to a Cabinet statement Wednesday.…
Economy’s fragile economic recovery shaken by unrest
Business

Economy’s fragile economic recovery shaken by unrest

The doors and windows of the businesses that line Tahrir Square were shuttered again one morning last week, after nearly…
Company awarded for preparedness during 25 January uprising
Business

Company awarded for preparedness during 25 January uprising

    A Cairo-based call center company has received an international award for its preparedness and emergency management strategies employed…
Recent graduates hit hardest by persistent unemployment
Business

Recent graduates hit hardest by persistent unemployment

For the thousands of young men and women who filled Tahrir Square nearly two years ago, youth unemployment was a…
In call center industry, obstacles and potential
Business

In call center industry, obstacles and potential

The call center industry was one of the trademarks of Egypt's development strategy throughout the 2000s. Experts pointed to it…
Amid economic downturn, a furniture company finds success
Business

Amid economic downturn, a furniture company finds success

The nation may be going through the most severe economic slowdown of the past decade, but some businesses have managed…
Egyptian pound bid at lowest in more than 7 years
Business

Egyptian pound bid at lowest in more than 7 years

Egypt's pound was bid at 6.0507 to the US dollar on Wednesday, its weakest in more than seven years, following…
Egypt market extends drop on uncertain election outcome
Business

Egypt market extends drop on uncertain election outcome

  Egypt's main share index drops 3.4 percent to its lowest since 26 January, extending a decline after a weekend…
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