economy

Sharp rise in Israeli tourism coupled with sharper decline in Algerian visitors, report says
Business

Sharp rise in Israeli tourism coupled with sharper decline in Algerian visitors, report says

Egyptian Ministry of Tourism statistics reveal a 12.6 percent increase in the number of Israeli tourists visiting Egypt between 2009…
Political ambiguity may push Egyptian pound down
Business

Political ambiguity may push Egyptian pound down

Egypt's currency seems unlikely to rebound substantially from 3-1/2 year lows any time soon because investor appetite for Egyptian assets…
The poor man’s government
Opinion

The poor man’s government

Since the bellies of those working in our government are full, they no longer care about the hungry in this…
FAO: Wheat prices not yet a threat to inflation
Business

FAO: Wheat prices not yet a threat to inflation

Milan--World wheat price rises are not yet sufficient to trigger global food inflation, an economist at the UN Food and…
Historic heat to hit Russian growth, fires rage
World

Historic heat to hit Russian growth, fires rage

Moscow--Russia's deadly summer heatwave could wipe up to US$14 billion off economic growth, economists said on Tuesday, as wildfires raged…
Egypt July inflation steady, monthly rate highest since 2008
Business

Egypt July inflation steady, monthly rate highest since 2008

Urban consumer inflation in Egypt was steady at 10.7 percent in the 12 months to July, the state-run CAPMAS statistics…
Ministry of Finance budget does not prioritize the nation’s poor
Business

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…
Anti-inflation vigils to be held on Monday
Business

Anti-inflation vigils to be held on Monday

The Free Homeland Popular Front, together with the 6 April reform movement and the Young Men for Justice and Development…
US economic aid to Egypt declines
Business

US economic aid to Egypt declines

Over the last two decades the US has cut its economic aid to Egypt significantly, according to a report issued…
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