Egypt’s economy
Analysis: New Egypt government may promote welfare, not economic reform
Egypt
July 17, 2013
Analysis: New Egypt government may promote welfare, not economic reform
Egypt's new military-backed government faces intense pressure to repair the state's chaotic finances but is likely instead to spend billions,…
The opposition’s lost bet on the economic crisis
Opinion
January 28, 2013
The opposition’s lost bet on the economic crisis
Egypt faces a severe economic crisis that has not been seen since the late 1980s, when the country was on…
Why the pound devaluation now?
Opinion
January 15, 2013
Why the pound devaluation now?
The long-expected devaluation of the Egyptian pound is finally taking place. The pound has undergone its greatest devaluation against the…
Tourism recovery likely to remain turbulent this year
Business
January 3, 2013
Tourism recovery likely to remain turbulent this year
Mohamed, 24, studied tourism and graduated two years ago. The timing was unfortunate. By February 2011 — during and immediately…
The Cabinet’s lost bet on foreign capital
Opinion
November 8, 2012
The Cabinet’s lost bet on foreign capital
The Cabinet’s plans for economic recovery seem to revolve solely around one theme: the attraction of foreign capital inflows. The…
One night and two days in a military hotel
Egypt
February 18, 2012
One night and two days in a military hotel
A harp with no player, a piano and no pianist, opulent seats but no people, a Garden of Eden without…
Egypt to increase commodity support to LE115 billion
Egypt
May 26, 2011
Egypt to increase commodity support to LE115 billion
The Egyptian prime minister's media advisor Ahmed al-Samman said that the cabinet decided to increase commodity support during the year…
Conferences, weddings save hotels from closing
Business
May 23, 2011
Conferences, weddings save hotels from closing
An Egyptian tourism committee said on Sunday that Egypt's hotels are depending on non-tourist activities such as conferences and wedding…
Alexandria seeks to revive tourism with postcards from Egypt
Egypt
May 22, 2011
Alexandria seeks to revive tourism with postcards from Egypt
An initiative was launched in Alexandria to revitalize Egypt's tourism industry following the recent decline in tourist activity.
Minister: Egypt needs direct investments not grants
Business
April 9, 2011
Minister: Egypt needs direct investments not grants
Egypt does not need foreign aid or grants but direct investments to overcome the current economic conditions, said Finance Minister…