Hend El-Behary

Egypt’s economic competitiveness plunges to new lows
Business

Egypt’s economic competitiveness plunges to new lows

Political instability has caused Egypt’s economic competitiveness to tumble from 107th to 118th out of 148 countries, according to Global…
New mandatory pricing list: a merchant’s nightmare
Business

New mandatory pricing list: a merchant’s nightmare

The interim government has threatened imposing a so-called “mandatory pricing list” on merchants to fight soaring commodity prices and merchants’…
Government cuts commodity prices as part of stimulus plan
Business

Government cuts commodity prices as part of stimulus plan

In light of current high inflation rates, which rose an alarming 0.7 percent, the interim government launched a new price…
Economic experts discuss changes in new constitution
Business

Economic experts discuss changes in new constitution

It is part and parcel that any changes in Egypt’s constitution will affect businessmen, investors and business in general in…
Qatar to suspend bond transferals from Egyptian bank
Business

Qatar to suspend bond transferals from Egyptian bank

 The Qatari government notified the Egyptian government on Monday of its decision to indefinitely suspend bond transfers from the Central…
EgyptAir cuts ticket prices by 20%
Egypt

EgyptAir cuts ticket prices by 20%

Egypt’s flagship airline, EgyptAir (EA), decided Monday to reduce ticket prices by 20 percent on international as well as internal…
Egyptian government temporarily halts IMF loan negotiations
Business

Egyptian government temporarily halts IMF loan negotiations

 According to minister of finance, Ahmed Galal, the Egyptian government currently has no intention of carrying forward talks with the…
Stock market sees modest losses
Business

Stock market sees modest losses

After a good start to this week’s transactions, the Egypt stock market ended Monday’s session in the red as its…
External debt swells
Business

External debt swells

Egypt’s external debt grew by US $4 billion in March 2013 reaching $38.4 billion compared to $34.4 billion in June…
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