Maggie Hyde

Bringing entrepreneurship to the curriculum
Business

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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…
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