economy

Egypt predicts higher hotel occupancy during Eid
Egypt

Egypt predicts higher hotel occupancy during Eid

Egypt's Tourism Ministry predicts that hotels' occupancy rates will rise during the Eid al-Fitr feast as more Egyptians head to…
Achieving high growth rates will take 3-5 years, says Central Bank governor
Business

Achieving high growth rates will take 3-5 years, says Central Bank governor

Central Bank Governor Farouq al-Oqda said on Wednesday that the economy needs three to five years to achieve high growth…
Egypt’s economy in bottle neck, says deputy prime minister
Business

Egypt’s economy in bottle neck, says deputy prime minister

Egypt’s economy is in a bottle neck, said Deputy Prime Minister Hazem al-Beblawy on Monday. “It will be for a…
Public opinion, political strategies and the new Egypt
Opinion

Public opinion, political strategies and the new Egypt

There’s a new Egypt now — an Egypt where public opinion actually matters. The country has gone through a tumultuous…
Govt official: Israeli tourist flow into Sinai unaffected by border unrest
Egypt

Govt official: Israeli tourist flow into Sinai unaffected by border unrest

The number of Israeli tourists heading to Egypt has not been affected by the recent turmoil on the border between…
Minimum wage to be implemented in private sector in October
Egypt

Minimum wage to be implemented in private sector in October

The public sector minimum wage will also be implemented in the private sector starting from October, Minister of Manpower Ahmed…
Lifting energy subsidies won’t harm industry, official says
Business

Lifting energy subsidies won’t harm industry, official says

Egyptian industry will not be affected if the government decides to lift energy subsidies, said Industrial Devleopment Authority Chief Ismail…
Politics or economy first?
Opinion

Politics or economy first?

I recently met a former Czech official who compared the revolutions of Eastern European in 1989 to Egypt’s 2011 revolution.…
Egypt accepts US$2 billion from World Bank
Business

Egypt accepts US$2 billion from World Bank

The Ministry of International Cooperation has accepted US$2 billion in grants and loans from the World Bank under the Partnership…
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