economy
Economy will recover once security is restored, say experts
Business
January 10, 2012
Economy will recover once security is restored, say experts
Economists have forecast that the Egyptian economy will recover once the security situation in Egypt returns to normal. “Restoring security…
ElBaradei unveils own crisis plan for Egypt’s economy
Egypt
January 8, 2012
ElBaradei unveils own crisis plan for Egypt’s economy
Presidential candidate Mohamed ElBaradei has outlined a strategy for Egypt's government to follow to lift the country out of economic…
Government divided over IMF loan
Business
January 3, 2012
Government divided over IMF loan
Government officials have issued conflicting statements regarding the economic reform program that was designed in return for a loan of…
A year in review: After a tough year, Egypt’s economic future still uncertain
Business
December 31, 2011
A year in review: After a tough year, Egypt’s economic future still uncertain
In 2011, the Egyptian economy took a pummeling from the revolution. In 2012, it looks like it will be coming…
Fitch downgrades Egypt credit rating over security, political conditions
Business
December 31, 2011
Fitch downgrades Egypt credit rating over security, political conditions
Fitch Ratings dropped Egypt’s credit rating by one notch to BB, which reflects the substantial and continuous erosion of Egypt's…
Activists challenge European Investment Bank’s ties to EFG Hermes
Business
December 29, 2011
Activists challenge European Investment Bank’s ties to EFG Hermes
The Egyptian investment bank EFG Hermes had Gamal Mubarak, once considered the next heir to Egypt’s presidency and now on…
The army and the economy in Egypt
Opinion
December 24, 2011
The army and the economy in Egypt
Should the production of pasta, mineral water, butane gas cylinders and gas station services qualify as classified military secrets? And…
Muslim Brotherhood works to implement ‘renaissance project’
Egypt
December 24, 2011
Muslim Brotherhood works to implement ‘renaissance project’
The Muslim Brotherhood is working to attract foreign investment in Egypt and revitalize Egyptian companies operating overseas as part of…
Experts question government efforts to promote investment
Business
December 21, 2011
Experts question government efforts to promote investment
Investors and experts have criticized a recent announcement by Prime Minister Kamal al-Ganzouri that the government is seeking to attract…