New investment law leaves the door wide open for corruption
"I just decided…I wanted to bring these oil companies down,” says Mamdouh Hamza, stabbing his finger on the desk to illustrate the point. He intermittently picks up the phone and…
"I just decided…I wanted to bring these oil companies down,” says Mamdouh Hamza, stabbing his finger on the desk to illustrate the point. He intermittently picks up the phone and…
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…
“If you’re going to stick a sticker saying 'please save water', I don't see that it will make a difference.”
Security personnel at the state-controlled Egyptian Trade Union Federation (ETUF) forcefully dispersed a sit-in protest of more than 20 workers from the…
Medhat and his friend have been sitting on a broken-down bench across from the decrepit train tracks in Heliopolis for about 15 minutes, waiting to take the tram home. “It’s…
A horse-drawn cart sends ripples down a flooded street in one of Mahalla's many working-class neighborhoods. Around the corner, a group of men stand quietly chatting at the gates…
Following the previous cabinet’s resignation on February 24 amid a massive wave of labor strikes, the new Minister of Manpower Nahed al-Ashry…
Egypt is working towards finding a new energy mix for industry, and particularly for cement plants, according to the environment minister. Denying reports that officials decided to allow coal imports,…
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,…
Tens of thousands of doctors, pharmacists and dentists launched an open-ended strike on Saturday, an escalation of unprecedented industrial action by workers and professional staff in Egypt. Outside the headquarters…
Seeking to quell months of labor protests over pay and corruption allegations, newly appointed Prime Minister Ibrahim Mehleb visited the country's largest textile company in the city…
Most of us know that the world's largest buildings by height are located in Dubai, Shanghai, New York and other international metropolises. But what we know far less about is…
New Prime Minister Ibrahim Mehleb’s appointment of the controversial figure Nahed al-Ashry as Minister of Manpower has caused a great deal of concern among labor activists and independent trade union…
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…
Protesting workers rejected the new government and announced the founding of a committee aiming to unite their efforts across different sectors and…
«The recent article in Mada Masr on Egypt’s new public-sector minimum wage “falling short” makes the right point — that it will exacerbate inequality — but…»
Since the 1990s, Egypt’s government, international financial institutions such as the International Monetary Fund and many independent economists have pushed for Egypt to adopt a value-added tax, or VAT for…
Four days after security forces came in with bulldozers and demolished Nadia Abdel Kader’s house and the small kiosk where she sold merchandise for a living, the sight of a…
The Pharmacists and Dentists Syndicates joined the Doctors Syndicate in a one-day partial strike in public hospitals across the country on Wednesday…
The government’s top priorities include the cessation of strikes, increasing productivity and output, along with restoring calm to Egypt’s streets, according to…
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