economy

World Bank head expects ‘tensions’ over US$1bn loan
Business

World Bank head expects ‘tensions’ over US$1bn loan

The head of the World Bank expects “tensions” as Egypt negotiatesa US$1 billion loan with the international lender, which could…
Government to inject LE130 million into telecom sector
Business

Government to inject LE130 million into telecom sector

The government will lend LE130 million to telecommunications companies to help them overcome the current recession, the communications and information…
Informal economy presents challenges, but also opportunities
Business

Informal economy presents challenges, but also opportunities

With Egypt’s economy struggling over the past year, everyone from generals and government officials to presidential candidates and academics have…
Will Egypt’s Muslim Brotherhood mend ties with Gulf States?
Opinion

Will Egypt’s Muslim Brotherhood mend ties with Gulf States?

As the Muslim Brotherhood ascends to power, a question remains on how the once “banned” group will handle the issue…
Moussa vision for Egypt could upset military
Egypt

Moussa vision for Egypt could upset military

An Egypt run by Amr Moussa would be a civilian state with an army that enjoys respect but not "a…
Minister: Qualifying Industrial Zone exports rose 11% in 2011
Egypt

Minister: Qualifying Industrial Zone exports rose 11% in 2011

Exports of textiles and ready-made clothes from Egypt's Qualifying Industrial Zones increased between January and October 2011, said Industry and…
IMF to resume talks with Egypt in February
Business

IMF to resume talks with Egypt in February

The International Monetary Fund's meetings with Egyptian officials over a financial support program will continue into February, an IMF official…
Egypt tourism revenues slipped nearly 30% in 2011
Business

Egypt tourism revenues slipped nearly 30% in 2011

CAIRO — Egypt's tourism minister says revenues from the vital tourism sector fell by nearly 30 percent in 2011 compared…
Brotherhood Supreme Guide Badie meets with US ambassador
Egypt

Brotherhood Supreme Guide Badie meets with US ambassador

The popularity of the United States is diminishing because of US support for dictators, Muslim Brotherhood Supreme Guide Mohamed Badie…
IMF has put no conditions on loan to Egypt, says minister
Egypt

IMF has put no conditions on loan to Egypt, says minister

Fayza Abouelnaga, Egypt’s Minister of Planning and International Cooperation, said on Monday that the cabinet has started negotiations with the…
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