inflation
IMF calls on Egypt to abolish subsidies on petroleum products
Business
January 23, 2011
IMF calls on Egypt to abolish subsidies on petroleum products
The International Monetary Fund (IMF) has projected an increase in Egypt’s inflation rate, which, the organization noted, would further burden…
Resentment mounts among workers over delayed annual raises
Business
January 13, 2011
Resentment mounts among workers over delayed annual raises
Abdul Rahman Khair, a workers representative on the National Council for Wages (NCW), has warned of mounting resentment among workers…
Egypt inflation edges up, rates seen steady for now
Business
January 10, 2011
Egypt inflation edges up, rates seen steady for now
Egyptian urban inflation inched higher in the year to December, but the pace of increase is unlikely to prompt the…
Egypt pound hits 5.8 to the dollar; food prices inch upwards
Business
December 30, 2010
Egypt pound hits 5.8 to the dollar; food prices inch upwards
Food prices were subject to several incremental increases this year due to a corresponding rise in the value of the…
Egypt’s nationwide truck drivers’ strike could push inflation up
Business
December 11, 2010
Egypt’s nationwide truck drivers’ strike could push inflation up
Truck drivers have continued on Saturday to protest for a second day against a decision by the government to increase…
Egypt November inflation dips to lowest in 15 months
Business
December 9, 2010
Egypt November inflation dips to lowest in 15 months
Urban consumer price inflation in Egypt fell in the year to November to its lowest in 15 months, giving the…
Amid soaring beef prices, poor Egyptians brace for meat-less Eid
Egypt
November 14, 2010
Amid soaring beef prices, poor Egyptians brace for meat-less Eid
Mohamed Saieed sat grumpily behind his counter of the Mourad Butcher in Giza.
“I have plenty of time to talk,”…
CAPMAS: Education costs rise by 24.6% this year
Business
November 13, 2010
CAPMAS: Education costs rise by 24.6% this year
2010 has seen a rise of almost 25 percent in the cost of education in Egypt according to the Central…
Egypt inflation steady in October, rates seen on hold
Business
November 10, 2010
Egypt inflation steady in October, rates seen on hold
Cairo--Urban consumer inflation in Egypt remained unchanged during the 12 months preceding October, a sign the central bank is unlikely…
Egypt’s elections presses economy, say experts
Business
November 5, 2010
Egypt’s elections presses economy, say experts
Massive expenditure ahead of the parliamentary and presidential elections is slowing down the government’s ability to accelerate economic reforms, analysts…