economy

Thursday’s papers: Legislating on the brink and ‘lies of the Brotherhood’
Egypt

Thursday’s papers: Legislating on the brink and ‘lies of the Brotherhood’

Shura Council efforts to address the country's economic and political troubles with its newly assumed legislative powers are the focus…
Wednesday’s papers: Mubarak watched protester killings, alleges fact-finding committee
Egypt

Wednesday’s papers: Mubarak watched protester killings, alleges fact-finding committee

"Mubarak saw the killing of the protesters during the revolution," privately owned daily Al-Shorouk leads Wednesday's coverage.
State budget suffers incurable disease, says finance minister
Business

State budget suffers incurable disease, says finance minister

  The state budget suffers from an incurable disease, with resources only covering 60 percent of public expenditures, state-owned Nile…
Saudi official: Pilgrims buy 25% of our gold and jewelry
Egypt

Saudi official: Pilgrims buy 25% of our gold and jewelry

  Hajj pilgrims buy an estimated 25 percent of the gold and jewelry sold in Saudi Arabia each year, according…
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…
Slow economy keeps September inflation down
Egypt

Slow economy keeps September inflation down

Egypt's urban consumer inflation slowed to 6.2 percent in the 12 months to September 2012, the state statistics agency reported…
Qandil: Despite challenges, economy can improve
Egypt

Qandil: Despite challenges, economy can improve

Prime Minister Hesham Qandil said in a speech Monday that the state of the Egyptian economy can be improved, despite…
Foreign exchange reserves increase
Business

Foreign exchange reserves increase

Foreign exchange reserves increased by about US$685 million at the end of August after Qatar gave $500 million, the first…
Morsy rules out currency devaluation
Business

Morsy rules out currency devaluation

  Egypt's new president said on Monday he would not impose new taxes or devalue the country's currency and that…
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