economy

A new beginning for Egyptian tourism
Opinion

A new beginning for Egyptian tourism

In the recent flurry of reports about Egypt’s impending economic challenges, many have highlighted the damage done to the tourism…
Yemen conflict costs state $4 billion to $5 billion
World

Yemen conflict costs state $4 billion to $5 billion

The political crisis that has pushed Yemen to the brink of civil war has cost the economy as much as…
Bankers: Foreign financial aid to Egypt will be of little help
Business

Bankers: Foreign financial aid to Egypt will be of little help

Bankers and economic experts said on Wednesday that international financial assistance provided by the United States, Saudi Arabia and the…
Is the economy on the brink of collapse?
Opinion

Is the economy on the brink of collapse?

Is the Egyptian economy on the brink of collapse? In recent weeks, a great many media reports and official statements…
Military council warns of economic collapse
Business

Military council warns of economic collapse

The Supreme Council of the Armed Forces has warned of a collapse in the economy, pointing out that direct foreign…
Egypt investors look beyond short-term turbulence
Business

Egypt investors look beyond short-term turbulence

When mass protests drove Egypt's Hosni Mubarak out of office in February and political turmoil sent the economy into a…
ElBaradei calls for drafting a new constitution now to calm strife
Egypt

ElBaradei calls for drafting a new constitution now to calm strife

Mohamed EBaradei, a reformer and potential presidential candidate, called for drafting a new constitution before Egypt's parliamentary and presidential elections.
Egypt inflation jumps to a year high on food prices
Business

Egypt inflation jumps to a year high on food prices

Urban consumer inflation in Egypt accelerated to 12.1 percent in April, its highest in a year, on the back of…
Documentary presents solar energy as solution for Egypt’s energy crisis
Environment

Documentary presents solar energy as solution for Egypt’s energy crisis

“Saved by the Sun”, a 56-minute documentary, was screened Saturday afternoon at Cairo University’s Faculty of Agriculture Department. The screening…
Hotels in Egypt decrease accomodation prices during spring holidays
Business

Hotels in Egypt decrease accomodation prices during spring holidays

Several hotels based in Egypt reduced accommodation prices during spring holidays, particularly in Red Sea resorts, to face the decline…
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