Egyptian economy

Morsy releases military prisoners, addresses nation in Ramadan speech
Egypt

Morsy releases military prisoners, addresses nation in Ramadan speech

President Mohamed Morsy announced Thursday night that he has pardoned 572 military prisoners who were detained in connection with the…
Shater’s son launches Zad, a new supermarket franchise
Business

Shater’s son launches Zad, a new supermarket franchise

Saad al-Shater, managing director of the Zad Company and son of the Muslim Brotherhood Deputy Guide Khairat al-Shater, on Sunday said…
Time: A luxury Egypt can no longer afford
Opinion

Time: A luxury Egypt can no longer afford

Egypt has just lived through a period of high anxiety, unexpected political twists and turns, and an ongoing constitutional coup…
Egypt index advances 3rd day after after Morsy’s victory
Business

Egypt index advances 3rd day after after Morsy’s victory

  Egypt's main index gains for a third day after Mohamed Morsy 's presidential victory boosted hopes for a smooth…
Egypt shares soar after Morsy named president
Business

Egypt shares soar after Morsy named president

  Egyptian shares surged more than 7 percent on Monday for their biggest daily gain in nine years after the…
Suez Canal makes US$10 million in one day after Morsy’s victory
Business

Suez Canal makes US$10 million in one day after Morsy’s victory

  The Suez Canal made US$10 million in revenues in just one day after Mohamed Morsy was announced president, said…
Egypt’s credit ratings should improve after Morsy’s win, says Sharqawy
Egypt

Egypt’s credit ratings should improve after Morsy’s win, says Sharqawy

  Egypt should witness improvement in its international credit rating now that the new president has been announced, said on…
Talking economics before Egypt elects its president
Opinion

Talking economics before Egypt elects its president

Egypt is now days away from electing its new president. Yet, 17 months into the revolution, some pressing social issues…
Egypt’s unemployment rate rises to 12.4%
Business

Egypt’s unemployment rate rises to 12.4%

Egypt's fourth quarter unemployment rate rose by two percentage points from the previous quarter, the government’s statistics office said on…
Obama set to speed aid to Egypt, official says
Business

Obama set to speed aid to Egypt, official says

US President Barack Obama plans to accelerate the pace of American aid to Egypt, a top State Department official said…
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