political instability
Foreign reserves take hit in November; politics, low tourism to blame
Business
December 6, 2012
Foreign reserves take hit in November; politics, low tourism to blame
Foreign cash reserves held by the Central Bank of Egypt dropped by US$448 million in November, falling from $15.483 billion…
Egypt could be catalyst for MENA investment withdrawal
Business
January 26, 2011
Egypt could be catalyst for MENA investment withdrawal
London--Mass protests in Egypt, one of the darlings of African and Middle Eastern investors, sharply increase the risks that international…
Inflation jump would be risk to Egypt outlook, says analyst
Business
January 26, 2011
Inflation jump would be risk to Egypt outlook, says analyst
London--Any rise in Egyptian inflation could present a risk to Egypt's stable ratings outlook, a senior analyst at Fitch Ratings…
Egypt pound falls to 6-year low after protests
Business
January 26, 2011
Egypt pound falls to 6-year low after protests
Egypt's pound fell on Wednesday to its lowest level against the US dollar since January 2005 after the biggest anti-government…
Tunisia concerns hit Egypt stocks
Business
January 19, 2011
Tunisia concerns hit Egypt stocks
Cairo's stock index tumbled to an 11-week low on Wednesday on fears of contagion from unrest that toppled Tunisia's president…
Egypt pound stabilizes, traders cite central bank
Business
January 19, 2011
Egypt pound stabilizes, traders cite central bank
The Egyptian pound stabilized on Tuesday as the central bank apparently acted to support it, after the currency fell to…
Rising food prices bring host of political risks
Business
January 6, 2011
Rising food prices bring host of political risks
London--Record food prices will hit the world's poorest hardest, raising the risk of riots, export bans, foreign-owned farmland expropriation and…
Political instability challenges Egypt’s investment environment
Business
December 24, 2010
Political instability challenges Egypt’s investment environment
A new parliament dominated by the ruling National Democratic Party (NDP) is expected to pave the way for more investment-friendly regulations.…