economic crisis
Egypt calls in favors as credit crunch hits key imports
Business
March 29, 2013
Egypt calls in favors as credit crunch hits key imports
Egypt has hit breaking point in its ability to pay for imports of oil, wheat and other basic commodities, forcing…
Egypt’s economy: From crisis to crash
Opinion
March 26, 2013
Egypt’s economy: From crisis to crash
Since February 2011, Egyptian authorities have designed their fiscal, monetary and exchange rate policies for the sole purpose of preventing…
GDP grows 2.4% in first half of fiscal year
Business
February 20, 2013
GDP grows 2.4% in first half of fiscal year
Egypt’s economy grew 2.4 percent during the first half of the current fiscal year, according to a Cabinet statement Wednesday.…
Economy’s fragile economic recovery shaken by unrest
Business
December 1, 2012
Economy’s fragile economic recovery shaken by unrest
The doors and windows of the businesses that line Tahrir Square were shuttered again one morning last week, after nearly…
Company awarded for preparedness during 25 January uprising
Business
November 11, 2012
Company awarded for preparedness during 25 January uprising
A Cairo-based call center company has received an international award for its preparedness and emergency management strategies employed…
Recent graduates hit hardest by persistent unemployment
Business
November 3, 2012
Recent graduates hit hardest by persistent unemployment
For the thousands of young men and women who filled Tahrir Square nearly two years ago, youth unemployment was a…
In call center industry, obstacles and potential
Business
October 16, 2012
In call center industry, obstacles and potential
The call center industry was one of the trademarks of Egypt's development strategy throughout the 2000s. Experts pointed to it…
Amid economic downturn, a furniture company finds success
Business
October 4, 2012
Amid economic downturn, a furniture company finds success
The nation may be going through the most severe economic slowdown of the past decade, but some businesses have managed…
Egyptian pound bid at lowest in more than 7 years
Business
June 20, 2012
Egyptian pound bid at lowest in more than 7 years
Egypt's pound was bid at 6.0507 to the US dollar on Wednesday, its weakest in more than seven years, following…
Egypt market extends drop on uncertain election outcome
Business
June 18, 2012
Egypt market extends drop on uncertain election outcome
Egypt's main share index drops 3.4 percent to its lowest since 26 January, extending a decline after a weekend…