economic crisis
Fitch downgrades Egypt currency rating over political uncertainties
Business
June 15, 2012
Fitch downgrades Egypt currency rating over political uncertainties
Fitch Ratings said it had downgraded Egypt's long-term foreign currency rating from BB- to B+ with a negative outlook because…
IMF head Lagarde: IMF loan for Egypt won’t be enough
Business
April 19, 2012
IMF head Lagarde: IMF loan for Egypt won’t be enough
WASHINGTON, D.C. — Egypt's request for a US$3.2 billion IMF loan will not be enough to meet the country's financial…
Ganzouri faces tough task selling IMF reforms
Business
February 29, 2012
Ganzouri faces tough task selling IMF reforms
Egypt's interim government will have to muster all its skills of persuasion to sell austerity measures to a country…
Economic gloom begins to lift in Egypt
Business
February 29, 2012
Economic gloom begins to lift in Egypt
When Egypt's stock market index climbed this week to its highest level since last July, it was more than a…
Customers cut mobile phone services in bad economy
Business
February 25, 2012
Customers cut mobile phone services in bad economy
The number of customers accessing the internet through mobile phone networks declined significantly in past months, according to a government…
Hundreds of thousands protest Spanish labor reforms
World
February 19, 2012
Hundreds of thousands protest Spanish labor reforms
Hundreds of thousands of people, many waving red and white union flags, protested across Spain on Sunday against sweeping labor…
FJP expects economic crisis to continue for 2 more years
Egypt
February 19, 2012
FJP expects economic crisis to continue for 2 more years
The Freedom and Justice Party (FJP), the Muslim Brotherhood’s political arm, expects the economic crisis to last for an additional…
A sacrificed generation?
World
February 14, 2012
A sacrificed generation?
ATHENS — In the shadow of the crisis that plunged Greece into a critical economic situation, young Athenians are concerned…
ElBaradei unveils own crisis plan for Egypt’s economy
Egypt
January 8, 2012
ElBaradei unveils own crisis plan for Egypt’s economy
Presidential candidate Mohamed ElBaradei has outlined a strategy for Egypt's government to follow to lift the country out of economic…
SCAF agreement is no surprise
Opinion
October 6, 2011
SCAF agreement is no surprise
The agreement concluded between the Supreme Council of the Armed Forces (SCAF) and 13 political parties on Saturday has been…