Egyptian economy

E-commerce to achieve US$6 bn by 2017 in Egypt
Egypt

E-commerce to achieve US$6 bn by 2017 in Egypt

According to Visa Inc., internet commerce is expected to contribute US$6 billion to Egypt's economy by 2017. The company supports the digitalization…
Minister: Egypt sees Suez Canal zone making up 30-35% of economy
Egypt

Minister: Egypt sees Suez Canal zone making up 30-35% of economy

Egypt expects a planned economic zone near the Suez Canal to eventually make up about a third of Egypt's economy,…
EFG Hermes: Early signs for recovery of Egyptian economy confirmed
Business

EFG Hermes: Early signs for recovery of Egyptian economy confirmed

EFG Hermes, one of the Middle East's largest investment banks, confirmed early signs for the recovery of the Egyptian economy…
Egypt records $1.5 billion surplus in balance of payments in 2013/2014
Business

Egypt records $1.5 billion surplus in balance of payments in 2013/2014

Egypt's balance of payments recorded an overall surplus of some US$1.5 billion in 2013/2014, against $237 million a year earlier,…
Reforming Egypt’s black market – high hurdles, big rewards
Business

Reforming Egypt’s black market – high hurdles, big rewards

The economist behind a plan to unlock at least $380 billion (222 billion pounds) worth of assets from Egypt's black…
Stocks earn LE 3.4 billion, main index up by 1.14 percent
Business

Stocks earn LE 3.4 billion, main index up by 1.14 percent

Egyptian stock market indexes moved up collectively with the closure of Tuesday’s session, prompted by optimism among Egyptian and Arab…
Is the worst over for Egypt’s economy?
Business

Is the worst over for Egypt’s economy?

Could Egypt’s economy be on the road to recovery? Some indicators suggest this might be the case.
New mandatory pricing list: a merchant’s nightmare
Business

New mandatory pricing list: a merchant’s nightmare

The interim government has threatened imposing a so-called “mandatory pricing list” on merchants to fight soaring commodity prices and merchants’…
Government cuts commodity prices as part of stimulus plan
Business

Government cuts commodity prices as part of stimulus plan

In light of current high inflation rates, which rose an alarming 0.7 percent, the interim government launched a new price…
Final Issue: Policies of the former regime linger, much to detriment of the economy
Business

Final Issue: Policies of the former regime linger, much to detriment of the economy

This piece was written for Egypt Independent's final weekly print edition, which was banned from going to press. We offer…
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