economy

In Egypt, IMF deal brings austerity few can afford
Economy

In Egypt, IMF deal brings austerity few can afford

A few years ago Imad would not have imagined himself queuing in the Cairo sun for a weekly ration of…
Egypt’s economy drops to third place in Africa rankings: Bloomberg
Business

Egypt’s economy drops to third place in Africa rankings: Bloomberg

Bloomberg has rated the Egyptian economy third on the African continent, pushing it back from second place after just two…
Govt plans infrastructure investment fund: minister
Business

Govt plans infrastructure investment fund: minister

The government is in the process of establishing a specialized fund for infrastructure investments, Planning Minister Ashraf al-Araby said on…
Experts divided over Egyptian pound devaluation
Business

Experts divided over Egyptian pound devaluation

The Central Bank of Egypt's decision to devalue the country’s currency rate has drawn mixed reactions from experts. The Egyptian…
Sisi’s ‘Egypt Vision 2030’ speech garners positive, negative reactions
Egypt

Sisi’s ‘Egypt Vision 2030’ speech garners positive, negative reactions

Reactions from the media and politicians varied in response to an hour and a half long speech delievered by President…
‘Long Live Egypt’ fund now boasts LE4.7 bn to support economy: Sisi
Egypt

‘Long Live Egypt’ fund now boasts LE4.7 bn to support economy: Sisi

A fund opened by the Egyptian government to receive donations from businessmen to support the Egyptian economy has managed to…
Government wages see lowest increase in 3 years due to civil service law
Business

Government wages see lowest increase in 3 years due to civil service law

Egypt's Finance Ministry stated that the first quarter of the current fiscal year recorded the lowest rate of increase in…
Government honors Egypt’s 50 most influential women, best companies in economy
Business

Government honors Egypt’s 50 most influential women, best companies in economy

Investment Minister Ashraf Salman and Trade Minister Tarek Qabil honored Wednesday the 50 most influential women in the Egyptian economy…
After high hopes for Egypt, economy slumps following 2011 Uprising
Business

After high hopes for Egypt, economy slumps following 2011 Uprising

Egypt's failing economic conditions in the past few years are often linked to the 2011 uprising but it seems that…
Five years on, unrest tests ‘Arab Spring’ model Tunisia
Middle East

Five years on, unrest tests ‘Arab Spring’ model Tunisia

On December 17, 2010, a young, desperate Tunisian vendor named Mohamed Bouazizi set himself ablaze in a suicide protest over…
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