Following an initial public offering (IPO) that was over-subscribed by 18.5 times, Arabian Cement saw its stock price jump from LE9 per share to LE10.39 per share on Sunday, its…
«In a previous article I pointed out four main challenges for the housing minister in providing adequate housing to the millions of families seeking their right…»
On May 5, at the height of a heat wave that brought electricity blackouts back to Cairo with a vengeance, news of a potential gas export deal from Israel to…
Ashraf expects to wait when he goes door to door in Cairo's Ain Shams neighborhood to collect payment on electricity bills. Usually, he's faced with a request to come back…
Over the past three days, a host of trade unions and labor rights organizations have denounced what they describe as heavy-handed…
This month’s issue of the Armed Forces magazine “Al-Defaa” (Defense) features a full-page ad with decidedly retro graphic design promoting a thoroughly modern product: Against a green and white backdrop…
The US-based multinational corporation, Cargill, has been criticized both locally and internationally over its heavy-handed response to an ongoing workers’ protest at its plant in Borg al-Arab City, which has…
Prime Minister Ibrahim Mehleb announced today that savings from planned natural gas price increases would be used to fund efforts to connect households to the country’s gas grid. At the…
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…
«Hany Qadry, the current finance minister in Prime Minister Ibrahim Mehleb’s Cabinet, might be an unfamiliar name to most Egyptians. But those interested in fiscal policy…»
A week ago, at least one child was killed when security forces used explosives to demolish apartment buildings constructed without official permission along a strip of land behind Egypt’s constitutional…
“Everything you see in front of you,” mutters Hajj Mohamed Abdel Raouf as he moves his finger across the skyline, “was built by murderers and thieves.” The horizon he points…
Tensions flared among residents of the informal neighborhood of Dar al-Salam on Monday, after a scheduled demolition turned fatal. The area continues to experience unrest following last month’s decision by…
Billions of dollars in aid from the Arab Gulf have pushed Egypt’s balance of payment to a surplus of US$2 billion for July–December 2013, compared to a deficit of $551.5…
Weary of governmental inaction regarding the court-ordered renationalization of their companies, many workers have sought to take matters into their own hands through experiments in workers’ self-management — only to…
After months of debate about importing coal, Egypt’s Cabinet says it has made the most decisive step yet towards allowing coal imports, while environmentalists vow to continue their fight against…
«Millions of Egyptians dream of affordable houses, and so does Arabtec. The United Arab Emitates-based Arabtec Holding Co., the biggest construction company in the Dubai stock…»
Egypt’s peak energy consumption season is still months away, but fuel shortages and power cuts have already become an everyday occurrence, leaving both homes and businesses in the dark. Manufacturers…
Despite official attempts to bring an end to a wave of labor unrest that contributed to the downfall of Hazem al-Beblawi's government,…
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…
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