unemployment

Papyrus paper: A craft on the verge of collapse
Egypt

Papyrus paper: A craft on the verge of collapse

Mohamed Saeed, a 23-year old man, complained to Al-Masry Al-Youm about the decline of the papyrus craft in Qaramous village,…
CAPMAS: Unemployment in Q2 of 2014 reaches 13.3 percent
Egypt

CAPMAS: Unemployment in Q2 of 2014 reaches 13.3 percent

The Central Agency for Public Mobilization and Statistics (CAPMAS) declared on Saturday a slight decline in the employment rate during…
Egypt turns to army in war on unemployment
World

Egypt turns to army in war on unemployment

Since toppling the Muslim Brotherhood from power last year, the Egyptian army has turned its substantial economic firepower on another…
CAPMAS: 3.8 million unemployed in 2013
Business

CAPMAS: 3.8 million unemployed in 2013

The Central Agency for Public Mobilization and Statistics (CAPMAS) said that the unemployment rate in 2013 stood at 13.2 percent…
PM: Poverty rates stir questions on subsidies
Egypt

PM: Poverty rates stir questions on subsidies

Prime Minister Ibrahim Mehleb said Tuesday that his government is challenged with several problems such as a 13.6 percent unemployment…
HSBC: Egypt may see economic progress in 2014
Business

HSBC: Egypt may see economic progress in 2014

Egypt is seeing encouraging signs, showing promise of economic progress in 2014, after losing ground over the past three years, according…
Egypt’s economy grows only 1% in first quarter
Business

Egypt’s economy grows only 1% in first quarter

Planning and International Cooperation Minister Ashraf al-Araby said that Egypt’s economy did not grow much during the first quarter of…
DHAMAN expects Egyptian foreign cash to cover imports in 2014
Business

DHAMAN expects Egyptian foreign cash to cover imports in 2014

The Arab Investment & Export Credit Guarantee Corporation (DHAMAN), an autonomous Arab supranational organization, has forecasted Egypt’s GDP growth rate…
Govt report: jobless rates up to 13.4 percent in 3rd quarter of 2013
Egypt

Govt report: jobless rates up to 13.4 percent in 3rd quarter of 2013

Unemployment moved up by 13.4 percent of the total workforce during the third quarter of 2013, up from 13.3. percent…
CBE Governor: Egypt’s foreign reserves rose to $18.9 bn
Business

CBE Governor: Egypt’s foreign reserves rose to $18.9 bn

Gulf assistance packages to Egypt have helped increase its foreign currency reserves to US$18.9 billion, according to Central Bank Governor…
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