investment
Expert: Egyptian economy is stagnant, not bad
Egypt
January 31, 2012
Expert: Egyptian economy is stagnant, not bad
The secretary general of the Arab Investors Union has voiced optimism about the Egyptian economy in spite of its severe…
Egypt stock exchange: Beltone chairman to sell stake
Business
January 18, 2012
Egypt stock exchange: Beltone chairman to sell stake
The chairman of Beltone Financial has agreed to sell his 20-percent stake in the Egyptian investment bank to Arabiyya Lel…
Rediscovering Egypt’s African connection
Opinion
January 13, 2012
Rediscovering Egypt’s African connection
With the shock of 2008 financial crisis continuing to reverberate and more recent sovereign debt crises threatening European countries, investors…
ElBaradei unveils own crisis plan for Egypt’s economy
Egypt
January 8, 2012
ElBaradei unveils own crisis plan for Egypt’s economy
Presidential candidate Mohamed ElBaradei has outlined a strategy for Egypt's government to follow to lift the country out of economic…
A year in review: After a tough year, Egypt’s economic future still uncertain
Business
December 31, 2011
A year in review: After a tough year, Egypt’s economic future still uncertain
In 2011, the Egyptian economy took a pummeling from the revolution. In 2012, it looks like it will be coming…
Fitch downgrades Egypt credit rating over security, political conditions
Business
December 31, 2011
Fitch downgrades Egypt credit rating over security, political conditions
Fitch Ratings dropped Egypt’s credit rating by one notch to BB, which reflects the substantial and continuous erosion of Egypt's…
Activists challenge European Investment Bank’s ties to EFG Hermes
Business
December 29, 2011
Activists challenge European Investment Bank’s ties to EFG Hermes
The Egyptian investment bank EFG Hermes had Gamal Mubarak, once considered the next heir to Egypt’s presidency and now on…
Egypt: Uncertainty is bad for business
Business
December 15, 2011
Egypt: Uncertainty is bad for business
In the tense aftermath of the January 25 revolution and amid the ongoing violence of the Arab Spring, the economic…
Unit of Egypt’s OCI wins a US$578 million mall contract
Business
October 16, 2011
Unit of Egypt’s OCI wins a US$578 million mall contract
A unit of Egypt's Orascom Construction won the main US$578 million construction contract to build a mall in the capital…
Government mulls establishment of steel factory with Gulf partners
Business
October 9, 2011
Government mulls establishment of steel factory with Gulf partners
Egypt's Holding Company for Metallurgical Industries is in negotiations with group of Gulf investors to establish a steel factory, with…