investment

Stock market suffers collective drop
Business

Stock market suffers collective drop

Egyptian stock market indexes on Tuesday dipped collectively amid sales by foreign institutions and investment funds. Stocks lost nearly LE5.4…
Will Egypt’s Muslim Brotherhood mend ties with Gulf States?
Opinion

Will Egypt’s Muslim Brotherhood mend ties with Gulf States?

As the Muslim Brotherhood ascends to power, a question remains on how the once “banned” group will handle the issue…
Expert: Egyptian economy is stagnant, not bad
Egypt

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

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

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

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

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

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

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

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…
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