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…
With Egypt in the grips of both an economic crisis and a severe power shortage, the question of whether to allow energy-intensive industries to import coal has been one of…
A labor uprising in the textile industry is witnessing an unprecedented number of factory occupations, solidarity strikes and other protest actions among over 45,000 workers. At least 13 public sector…
Tens of thousands of workers, employees, professionals and even policemen are embarking on strikes and other industrial action across the country to demand the new minimum wage, which the state…
Over the past couple of days Egypt has witnessed the largest upsurge of strikes and industrial action this year, as…
This week, the drop in aggregate savings could be a cause for concern in the long run. To counter this, Egypt is expounding upon the post-June 30 economy to foreign…
While the declaration of force majeure by UK-based energy company BG Group for its Egypt operations came as a shock to the market, it was much less surprising to anyone…
Egypt has been experiencing another wave of blackouts throughout the country, caused by energy shortages and a deeply indebted Ministry of Electricity. Meanwhile, Finance Minister Ahmed Galal says the Gulf…
«To many outsiders looking in, the seemingly resounding “yes” vote in Egypt’s recent constitutional referendum might suggest that, three years on from the January 25 protests…»
Egyptian Cabinet members explain roadmap progress at the World Economic Forum while instigating measures to boost economic output; Arab neighbours take the lion's share in FDI in 2014, and local…
«Three years after a nation took to the streets demanding bread and social justice, poverty in Egypt has been increasing at alarming levels. A recent report…»
This week, the government pursued the long awaited value added tax in replacement of sales tax, a move that is expected to raise tax revenues significantly. Meanwhile, the CBE decided…
In this week's roundup, Tourism Minister Hesham Zaazou assures tourists that they are safe in Egypt despite terrorist attacks, and plans to install live stream cameras to prove it. In…
«Over the past three years, most commentators on Egypt’s affairs, and even participants in its public life, have been preoccupied with the present moment, rarely pausing…»
Fitch Ratings has upgraded Egypt's credit rating to stable based on the relative improvement in the country's political situation and availability of foreign currency. Meanwhile, after the finance minister announced a…
It’s another year down the drain for Egypt’s economy. Three years since the January 2011 revolution and little has been done to salvage what’s left of the crumbling economy, weighed…
With many European countries lifting their travel bans on Egypt, the Egyptian government has been trying to reassure foreigners that Egypt is safe. Catherine Ashton's latest visit with her family…
«Egyptians have a historic opportunity to rebuild their economy and re-activate their investments. This is In the spirit of new beginnings promised by revolutions. The first…»
When it comes to the economy, everything is on hold until political stability returns to Egypt: tourism, investment, the stock market, and — as we have just learned — even the repatriation…
Ahmed al-Alfi is taking a leap of faith. He is personally financing a project to create a hub for technology startups in the heart of downtown Cairo, one of Egypt’s most…
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