With Egypt’s pound sinking against the dollar, business conditions deteriorated for the seventh month in a row in April, according to representatives…
In February, President Abdel Fattah al-Sisi issued a decree to direct the Armed Forces Land Projects Agency (AFLPA) to oversee construction of two of Egypt’s mega-projects to be built on…
While Egyptian and Italian politicians trade barbs over the status of the investigation into the torture and murder of Italian researcher Giulio…
The temporary outage of internet-based calling services like WhatsApp and Viber caused a social media storm in October 2015, but the episode left more questions than it answered: Are internet-based calling…
In a speech last Wednesday, Egyptian President Abdel Fattah al-Sisi vowed that the devaluation of the pound wouldn’t translate to higher prices. “I assure you, there won't be price increases for…
Mimicking a colloquial Egyptian phrase, “emsek harami” (catch a thief), online campaign Emsek Fatoura (catch a bill) has been used to protest what many say is an exponential increase in their…
Egypt and France signed financing and investment agreements worth 2 billion euros during French President Francois Hollande’s visit to Cairo, the French…
«I watch the TV program “Hona al-Asema” (Here’s the Capital), which airs on the privately owned CBC and is hosted by anchor Lamis al-Hadidy, on a…»
Despite widespread anecdotal reports of price hikes due to the devaluation of the pound in mid-March, the Central Bank of Egypt announced…
Just days after his ascension to the presidency in June 2014, President Abdel Fattah al-Sisi called upon Egyptians to donate everything they could to help solve Egypt’s economic crisis. Sisi…
Business conditions deteriorated for the sixth month in a row in March, according a survey of Egypt’s non-oil private sector. The Purchasing…
The app-based ride-hailing company Uber has announced the Cairo launch of its “Select” service, which allows users to opt for a newer…
Ancient Egyptians are credited with pioneering technologies ranging from paper and the ox-drawn plow to door locks and eye makeup. Anyone walking through the streets of Cairo can see that…
Egypt’s balance of payments deficit rose to US$3.4 billion in the first half of the 2015/16 financial year, up from US$1 billion…
Egypt’s Cabinet approved on Wednesday a draft budget for the 2016/17 fiscal year, anticipating economic growth above 5.2 percent and a deficit…
For the second day in a row, black market traders sold dollars for more than LE10. Meanwhile, the Central Bank of Egypt…
Decisions about energy policy in Egypt are usually made behind closed doors, with little room at the table for anyone outside of the government and the private sector. “We are…
Egypt's Central Bank has imposed a nine-year limit on CEO positions, a move that is expected to force out 25 percent of…
Facing a stagnating economy and a yawning fiscal deficit, Egypt has turned to its allies in the Arab Gulf and multilateral funders…
Egypt’s Petroleum Ministry denied reports that gas company BG has halted production and development of two stages of its offshore West Delta…
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