Sherif is a jack-of-all-trades. During any given week, his energies oscillate wildly between independent publishing, music and intensive research in the fields of economics, oil and gas, and Eastern philosophy for good measure. After graduating with a BA in Economics from American University in Cairo in 2007, Sherif worked as a researcher and account executive for ABC Bank, Prime Holdings,…
This week sees the World Bank's Spring Meeting on tax talks, a conference on how to boost Egypt’s ranking on the World Bank’s 'Doing Business' report, and a World Bank…
Egypt’s energy debacle continues this week with conflicting statements from the Petroleum and Electricity Ministries. Meanwhile, although GDP growth has been disappointing, it appears foreign direct investment (FDI) from the…
Egypt's Minister of Finance announced ongoing negotiations on a five percent exceptional taxation for wealthy individuals over three years, in a bid to increase state revenues. Running out of options…
After a three-year review, Russell's Annual Index reclassified Egypt's status from an emerging to a frontier market. And yet Sherif Sami, chairman of the Financial Supervisory Authority (EFSA), refuted the downgrade,…
Against the backdrop of a major government reshuffle, maintaining the status quo was the dominant theme of last week's economic news, with the Central Bank of Egypt keeping interest rates…
Despite the government's growing energy concerns to provide for electricity and industries, which may bring about another looming blackout while impeding industries' capacity to spur economic growth, Egyptians remain among…
Debt levels in Egypt have reached historic highs as the government finds itself dependent on borrowing to finance citizens’ needs. Fitch Ratings…
Finance Minister Ahmed Galal explains why the GDP scored a mere one percent in the first quarter, while Prime Minister Hazem al-Beblawi…
Fresh money comes in from the Gulf and European Union, as the head of the tax authority urges staff to work harder…
The Central Bank of Egypt’s (CBE) monetary policy committee slashed deposit and lending rates by 50 basis points, to 8.25 percent and…
The 50-member committee tasked with amending the constitution will implement progressive taxation to attain a degree of social justice and equality among…
Arab support continues The United Arab Emirates signed an agreement with Egypt worth US$4.9 billion announced on October 27, pointing to the…
