economic crisis

Is the military council leading Egypt toward an economic crisis?
Business

Is the military council leading Egypt toward an economic crisis?

Unless serious reforms are made now, the economy could be headed toward a crisis scenario, as more job seekers enter…
Egypt seals US$3 billion IMF accord
Business

Egypt seals US$3 billion IMF accord

The International Monetary Fund (IMF) agreed a US$3 billion financing deal with Egypt on Sunday and praised the policies of…
Rights group: Economy’s decline proves failure of Egypt’s govt
Business

Rights group: Economy’s decline proves failure of Egypt’s govt

Decline of Egypt’s economic performance is proof of the government’s failure to provide real solutions to the economic crisis, said…
Egyptian real estate market lags in summer
Business

Egyptian real estate market lags in summer

Forecasts of a summer rebound in the Egyptian real estate market have proven overly optimistic.  The market has been stuck…
Q&A: Investment Minister talks privatization, protests
Business

Q&A: Investment Minister talks privatization, protests

Mahmoud Mohieldin, Egypt’s first-ever investment minister, appears to know how to take a joke--and a bit of criticism. Visitors to…
High hopes for economy at Euromoney conference
Business

High hopes for economy at Euromoney conference

Egypt has been affected only slightly by the global financial crisis and now that it is coming to an end,…
Down and out during Ramadan
Features/Interviews

Down and out during Ramadan

With plunging consumption in media, tourism, food, entertainment and advertisement industries, traders and businessmen say that Ramadan’s upward spiral fell…
Med insurance bill delayed for lack of funds
Egypt

Med insurance bill delayed for lack of funds

Official sources said parliament will not discuss the new medical insurance bill during its current session, although the draft of…
Rachid: Nothing wrong with importing energy
Business

Rachid: Nothing wrong with importing energy

Minister of Industry and Trade Rachid Mohamed Rachid said the government seeks to raise industrial growth by ten percent which…
Rachid: 2010 to be “hard year” for Egypt economy
Business

Rachid: 2010 to be “hard year” for Egypt economy

In press statements made at the World Economic Forum that gathered in Davos, Switzerland Saturday, Trade and Industry Minister Rachid…
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