Maggie Hyde
Bringing entrepreneurship to the curriculum
Business
February 18, 2013
Bringing entrepreneurship to the curriculum
As an antidote to the country's increasing unemployment problem, one company is working to make entrepreneurship and innovation as important…
NBD to finance electric grid using Islamic finance
Business
February 11, 2013
NBD to finance electric grid using Islamic finance
The National Bank for Development (NBD) announced on Monday that it has signed on to finance US$110 million in improvements…
Mobinil CEO says industry to face price hikes
Business
February 4, 2013
Mobinil CEO says industry to face price hikes
Mobile phone services are going to get more expensive, and soon, Mobinil's Chief Operating Officer told a group of reporters…
Two years on, Mubarak money abroad remains unattainable
Business
January 25, 2013
Two years on, Mubarak money abroad remains unattainable
Nearly two years after demonstrators first started trickling into Tahrir Square, chanting against corrupt government practices and calling for former…
Government struggles to get a sukuk law on the books
Business
January 10, 2013
Government struggles to get a sukuk law on the books
Officials went to the drawing board with a controversial law on sukuk , or Islamic-sanctioned bonds, that was set to…
Lifting subsidies, without impoverishing the people
Business
January 3, 2013
Lifting subsidies, without impoverishing the people
As the Egyptian government comes to terms with its dwindling funds and struggles to navigate a worsening financial crisis, the…
Fiscal fumbling: Tax law, IMF turmoil knocks economy off course
Business
December 12, 2012
Fiscal fumbling: Tax law, IMF turmoil knocks economy off course
Egyptian officials have asked to postpone a request for a US$4.8 loan from the International Monetary Fund, loan officials said…
Imminent decree to give Morsy more power over Central Bank
Business
December 11, 2012
Imminent decree to give Morsy more power over Central Bank
President Mohamed Morsy will issue a decree within days that would give him more power over Egypt’s Central Bank, according…
Morsy issues broad tax increases, including energy, soft drinks, cigarettes, alcohol
Business
December 9, 2012
Morsy issues broad tax increases, including energy, soft drinks, cigarettes, alcohol
New public tax laws on a broad array of products and services were technically entered into force on Friday, as…
Africa rising: Can Egypt capitalize on its neighbors’ growth?
Business
December 6, 2012
Africa rising: Can Egypt capitalize on its neighbors’ growth?
As Egypt struggles to recover from a period of political tumult and a two-year economic downturn, the country’s market officials…
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…
Egypt’s economic reform plan: Revolutionary social justice, or more of the same?
Business
November 29, 2012
Egypt’s economic reform plan: Revolutionary social justice, or more of the same?
The details of a 10-year economic reform plan that officials say aims to make Egypt “a free and democratic civil…
IMF spokesperson: Loan contingent on implementation of policies
Business
November 27, 2012
IMF spokesperson: Loan contingent on implementation of policies
The IMF loan agreement Egypt reached last week with the fund’s delegation has not been directly affected by President Mohamed…
Cooking with economy in Ard al-Lewa
Business
November 22, 2012
Cooking with economy in Ard al-Lewa
Um Islam, of the informal Ard al-Lewa neighborhood in northwest Giza, knows just where to find the cheap and good-sized…
Sealing the deal: Egypt closest it’s been to securing IMF loan
Business
November 20, 2012
Sealing the deal: Egypt closest it’s been to securing IMF loan
Egypt reached a preliminary agreement with an International Monetary Fund delegation Tuesday, putting into action the disbursement process for a…
Making financial literacy fun, in a largely unbanked Egypt
Business
November 16, 2012
Making financial literacy fun, in a largely unbanked Egypt
The comic book begins much as would be expected: Marvel comics’ the Avengers and Spiderman assemble to battle a villain…
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…
Consumer confidence up since Morsy’s election
Business
October 24, 2012
Consumer confidence up since Morsy’s election
Egyptian consumers have greater confidence, and are more likely to make durable goods purchases now than they were at the…
Egypt makes top 10 list of countries not likely to pay back debt
Business
October 22, 2012
Egypt makes top 10 list of countries not likely to pay back debt
Egypt was named as the 10th riskiest debtor in the world in a study by CMA Sovereign Global, a research…
A new loaf: Will Egypt tighten bread subsidies?
Business
October 17, 2012
A new loaf: Will Egypt tighten bread subsidies?
At the dead end of a winding side street in the central Cairo neighborhood of Sayeda Zeinab, Ashraf al-Husseini sat…