#Central Bank of Egypt
Declining foreign reserves, explained
Foreign currency reserves have dropped by about $8 billion since the start of the pandemic
Beesan Kassab
5 دقيقة قراءة
تصنيف
Economy
754
منشور في هذا التصنيف
#textile industry
Ghazl al-Mahalla: Beleaguered public company steps up to help combat pandemic
The company's move will eventually increase domestic face mask production by nearly 30 percent
Omaima Ismail
10 دقيقة قراءة
#IMF
Egypt, corona and the IMF: What do we know about the new loan?
The IMF plans to hold a meeting on May 11 to consider the Egyptian government's request
Beesan Kassab
8 دقيقة قراءة
#social spending
Business as usual: Egypt continues to cut social spending in 1st corona budget
"Now is absolutely not the right time to cut beneficiaries out of food subsidies”
Beesan Kassab
9 دقيقة قراءة
#COVID-19
Facing both poverty and the virus, informal workers keep working and losing work
Fatma Gamal, a mother of five, says her whole family has been put out of work because of the virus.
Omaima Ismail
7 دقيقة قراءة
#energy and fuel subsidies
Reading the fuel leaves: Why Egypt kept oil prices steady despite plunge in Brent crude benchmark
The state budget for the current fiscal year allocated LE52.9 billion in subsidies for petroproducts, a 40 percent decrease from the previous fiscal year
Beesan Kassab
8 دقيقة قراءة
#Administrative Control Authority
As COVID-19 panic builds, pharmacy shelves run out of vital drugs
People are sensing that there is a crisis, so they are also buying more.
Hadeer El-Mahdawy
10 دقيقة قراءة
#Uber
The impact of coronavirus on ride-hailing services: A story of narrowed livelihoods
Drivers for Uber and Careem have suffered a drastic loss of income during the pandemic
Beesan Kassab
10 دقيقة قراءة
#COVID-19
Popular markets without people
Farmers, vendors and buyers struggle to get by amid Covid-19 preventative measures
Nada Arafat
9 دقيقة قراءة
#labor unions
The Egyptian Iron and Steel Company: A symbol of optimism grows old
Many employees believe that the company will be liquidated in as soon as two months.
Beesan Kassab
16 دقيقة قراءة
#exports
How the multi-million dollar business of certifying halal meat imports was monopolized
The company’s first order of business was to raise certification fees in North America
Nada Arafat
11 دقيقة قراءة
#privatization
More talk, little action: Why are Egyptian authorities unable to sell stakes in state-owned companies?
As of the first week of December, shares of just one government company has been listed on EGX.
Omaima Ismail
9 دقيقة قراءة
#exports
Gone with the wind: The flotation’s impact on Egyptian exports
"We import the buttons, we import the zippers, then we cheer when we export the ready-to-wear shirt"
Mohamed Ramadan و Sara Seif Eddin
9 دقيقة قراءة
#food subsidies
Do not rest assured: People in need are still not getting their food subsidies
The announcement came two days after Sisi wrote on his Facebook page about the food program cuts
Beesan Kassab
13 دقيقة قراءة
#cement industry
Egypt’s cement industry disrupted by entry of military as major new market player
The additional supply forced companies to lower their prices an average of 15% in the past year
Omaima Ismail
5 دقيقة قراءة
#austerity measures
Austerity measures a major cause of poverty increase, statistics agency advisor says
The report shows that 32.5% of Egyptians live in poverty, marking the biggest increase since 2000.
Beesan Kassab
8 دقيقة قراءة
#business
The protection of competition: A suspended verdict
At times the Egyptian Competition Authority has played an active role in curbing monopolistic practices — but not always.
Hadeer El-Mahdawy
18 دقيقة قراءة
#business
Have the IMF’s promises to Egyptians come true?
The IMF did not only promise growth, it also promised inclusive, job-rich growth.
Beesan Kassab
7 دقيقة قراءة
#Assiut
Sources: Officials delayed survey results showing Egyptians face highest poverty rate since 2000
The survey results show 32.5% of Egyptians live below the poverty line, the highest rate in decades
Mada Masr
4 دقيقة قراءة
#corporate tax
Some people prefer working in the shadows
The state approaches the issue as a strictly binary one leading to a simplified view of the economy
Osman El Sharnoubi
14 دقيقة قراءة
Your support is the only way to ensure independent, progressive journalism survives.
You have a right to access accurate information, be stimulated by innovative and nuanced reporting, and be moved by compelling storytelling. Subscribe now to become part of the growing community of members who help us maintain our editorial independence.
Join us