S&P raised Egypt's credit rating to "B-/B" with a stable outlook. Meanwhile, unofficial reports have surfaced of Saudi Arabia offering Egypt US$4 billion. Moreover, the ongoing saga on minimum wage…
Egypt’s ministers came together on Monday to address the many economic challenges facing the country and to instill a dose of trust in the business environment. But both the challenges highlighted and…
Two weeks ago, a giant mountain of coal was erected in the port of Alexandria. Uncovered, and barely separated from the surrounding, densely populated residential neighborhood by a flimsy sheet…
When most people eyed the kilometer-long queues outside diesel stations early this summer, they saw dysfunction. But for Mariam Afifi and her business partners, they saw opportunity. At first glance…
“Egypt is known to the world for its quality long-staple cotton.” This line would resonate to almost all Egypt’s schoolchildren taught to take pride in their country’s agricultural wealth, marked…
Minister of Planning Ashraf al-Araby declared Egypt’s GDP growth should reach 2.3 percent for fiscal year 2012/13. Meanwhile, the Ministry of Finances released the first preliminary figures for fiscal year…
Laila Iskandar, the interim government’s minister of environment, is rolling up her sleeves to try and find solutions to Egypt’s crippling environmental issues. As a community development practitioner, solid waste…
Situated in the heart of the densely populated Mostorod district in Qalyubiya, Egypt’s largest refinery has been the source of passionate criticism since plans for its expansion were announced in…
With the ongoing political unrest and sporadic violence on the streets, Egypt’s market indicators have followed suit, eliciting a mix of positive and negative numbers and economic outlooks. Chief among…
Egypt’s energy subsidies have been an issue of contention for years, but increasingly so in recent months as the ailing economy struggles to recover and the state fights to tighten…
With the rapid unfolding of political developments, sporadic clashes on the streets that are expected to continue, and an interim president tasking a new prime minister with putting together a…
During last year’s presidential race, Mohamed Morsi pledged to shore up Egypt's faltering economy. But on the first anniversary of his ascension to power this June 30, the country finds itself…
While Egyptians are preoccupied with frequent power cuts, biting fuel shortages and a boiling political climate amid stifling heat waves, a new fiscal year has crept in just as protests…
“Our government has decided to solve the energy crisis with coal,” says Ahmed al-Droubi, the Egypt-based Greenpeace Arab World representative. Unable to ensure a sufficient supply of electricity to its…
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