economy

Central Bank of Egypt: Losses caused by protests not calculated
Business

Central Bank of Egypt: Losses caused by protests not calculated

The vice-president of the Central Bank of Egypt (CBE), Hisham Ramez, has said it is too early to gauge the…
World markets in turmoil over Egypt crisis
Business

World markets in turmoil over Egypt crisis

Though not counted as a major oil producer, Egypt's Suez Canal represents a vital shipping path, with an estimated million…
Egypt’s bourse plummets on protest fears
Business

Egypt’s bourse plummets on protest fears

Trading has been temporarily suspended on Egypt's stock exchange after the benchmark index fell over 6 percent for a second…
Egypt’s trade deficit jumps by over 40% in one year
Business

Egypt’s trade deficit jumps by over 40% in one year

Egypt's trade deficit climbed by 42.6 percent in October 2010 compared to the same month in 2009, the Central Agency…
Stiglitz in Egypt: On crucial questions of public policy
Opinion

Stiglitz in Egypt: On crucial questions of public policy

On a visit to Egypt, I received an invitation from the Access to Knowledge for Development Center (A2K4D), headed by…
Egyptian economy key to Mubarak son presidency bid
Egypt

Egyptian economy key to Mubarak son presidency bid

Though he still delivers a speech like an aloof corporate executive announcing quarterly profits, the son and presumptive heir of…
Egyptian tourism income increases by 15.8%
Business

Egyptian tourism income increases by 15.8%

Government statistics from between January and September 2010 show an increase in rates of inbound tourism, nights spent at hotels,…
Cabinet denies plans to cut prices
Egypt

Cabinet denies plans to cut prices

The government will leave the reduction of goods' prices to market mechanisms, said Magdi Radi, the cabinet's official spokesperson.Radi denied…
Govt prepares legislation to boost SMEs
Business

Govt prepares legislation to boost SMEs

The Egyptian government is drafting a set of legislation to boost investment in small and medium enterprises (SMEs), according to…
Black taxi or white taxi?
Opinion

Black taxi or white taxi?

For decades, the Egyptian economy was managed in the same manner that a taxi driver managed his vehicle. The taxi--let’s…
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